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    Irish Goverment Garanteeing Citizen Bank Deposits

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    Posted by Gene Monahan on November 01, 2008 at 14:09:45:

    I am a bit confused or I not sure I understand. The US has, since the 1929 Crash, guaranteed Bank deposits up to $100,000. And just recently increased it to $250,000, at least until December 2009. Also if I understand it correctly, which I guess I don't, you have to be a citizen of Ireland. Why would the UK be flooding the Irish banks with their money.

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