After Months Of Resisting, Ireland Applies For Bailout

Posted on Friday, November 26 at 08:48 by RickW

Prime Minister Brian Cowen said at a news conference on Sunday night that there would be two funds. One will back up the country’s failing banks, and another will allow Ireland to continue government operations without turning to the bond markets for help, something Dublin has said it cannot afford. The package should allow Ireland to operate without funds from the markets for as long as three years.
http://profit.ndtv.com/news/show/after-months-of-resisting-ireland-applies-for-bailout-123199

One fund for the banks; another fund for "government operations".....but no funds for (this being Ireland afterall) "The Little People"?

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