AIB & BoI to be Nationalised?

Given that we’re now talking about €8bn to recapitalise the banks, wouldn’t that shift the balance so far to the State as an owner (compared to the existing shareholders) that it’s effective nationalisation?  If we as a country are going to go that far, will the Government decide to go the whole hog and nationalise both banks?

I don’t see €8bn as a recapitalisation project ending up simply being recapitalisation, do you?


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