We are supposed to need AIB and BOI, a mantra of all those who believe the banks should be bailed out.
Look hard and heavy and you can see that neither bank is needed. The two banks should have been allowed to go under forever.
During the real recessions (or normal times to those who lived through them) of the 60s and 70s the banks were on total strike for months on end (one total strike lasted 6 months). The country survived then and it can survive now.
Some of the foreign banks are hovering and can do the job here. Our banks should have been let drown.