Recapitalisation announcement

[ecstatic]

8% is a good return.

Id take it myself if i had a few billion going!

How much did the NPRF return this year>?

Im guessing a lot less than 8%.

 

[ecstatic]

There is no risk involved Brendan not for the AIB deal.

Im unsure about BOI.

Just look at the assets.

 

[Brendan Burgess]

Ecstatic

I am an AIB shareholder and I think that the risk is low.

But believe me, there is risk.

"Just look at the assets".

It is very difficult to assess the assets of any bank which is heavily lent to property. I am sure that they are in surplus, but there is a tough market out there and it's getting tougher.

Brendan