Zionists puppet-muppet Lenihan. Has the Rothchilds laughing all the way to the "Bank"

Allied Irish Bank has effectively been nationalised after the Government got the green light to pump in another 3.7 billion euro of taxpayers' money. 

Allied Irish Bank 'nationalised' Enlarge photo

The High Court signed off on the massive cash boost lined up by Finance Minister Brian Lenihan under tough new banking laws imposed this week.

The money means the State has a 49% stake in AIB - once Ireland's biggest bank - which will soar to 92% when lucrative divisions of the finance group are finally sold off next year.
Mr Lenihan said the billions of taxpayers' money was essential for AIB to fulfil its role in the economy.
"The order allows the Minister to provide capital so as to ensure AIB meets its year-end capital requirement as set by the Central Bank," he said. "This capital is essential to allow AIB to fulfil its role in supporting the Irish economy."
Mr Lenihan set out the possibility of having to pay the billions last March and the move was prompted after the bank suffered further losses as property based loans were transferred to Ireland's bad-bank, the National Asset Management Agency (Nama)