Irish Eyes Aren't Smiling-And Neither Are Yanks'

Diekmann, Frank J.
February 2011
Credit Union Journal;2/7/2011, Vol. 15 Issue 6, p6
Trade Publication
In this article the author discusses the loan and investment losses of the Irish League of Credit Unions (CUs). He muses on the reaction of Irish CUs on the Credit Institutions Stabilization Act which is designed to ease the banking crisis but empowers the Finance Minister to force change on CUs. The author agrees with the Irish League that regulators do not sufficiently distinguish between CUs and banks.


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