Rescue Team in Dublin Ireland Admits It Needs Help With Its Banks

As a group of international experts arrived in Dublin on Thursday, the Irish government finally seemed to admit that it was unable to cope with its massive banking crisis alone. Whether the talks result in a bailout from the EU-IMF rescue fund remains to be seen. But the Irish insist they are holding onto their low corporate tax.
Von Siobhán Dowling
Ajai Chopra, of the IMF, and colleagues pass one of Ireland ailing banks, Anglo Irish, in Dublin on Thursday.

Ajai Chopra, of the IMF, and colleagues pass one of Ireland ailing banks, Anglo Irish, in Dublin on Thursday.

Foto: AP
-- smd with wire reports