Irish Finance Minister Lenihan Interview Excerpt

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March 31 (Bloomberg) -- Irish Finance Minister Brian Lenihan speaks to Bloomberg’s Margaret Brennan about the outlook for the Bank of Ireland Plc and Allied Irish Banks Plc to raise the necessary capital from private investors to avoid state control. Irish banks need 31.8 billion euros ($43 billion) in new capital after “appalling” lending decisions left them on the brink of collapse, Lenihan said yesterday. (This is an excerpt of the full interview. Source: Bloomberg)

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