Investment in Allied Irish Banks
Friday, August 29th, 2008 by Mark [+/-] show/hide this excerptLast weekend I noticed an intriguing buying opportunity in Allied Irish Banks (NYSE: AIB). Right now, banks are cheap. For the most part, this is for good reason. Banks have made reckless loans, traded in derivatives for which they couldn’t possibly have had adequate margins of safety, and just generally been idiots. [...]
