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Simon Johnson Warns Ireland: Seek IMF Bailout Or Risk Bankruptcy

First Posted: 11/14/10 11:01 AM ET Updated: 05/25/11 07:10 PM ET

Ireland Financial Crisis

The Independent:

"For the sake of the Irish people, it's time to go to the IMF. If you go in now and if you go in with your partners, you will get a good deal. You may not get such a good deal next week. It would have been a much better deal if they'd gone in February because Ireland wouldn't have had to go through all this discretionary tightening along the route."

Read the whole story: The Independent

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Filed by Alexander Belenky  |