Irish banking system in a “very fragile position”

WorldbyStorm spots Ireland’s contribution to the mis-placed fortunes of Warren Buffett – with the help of a couple of Irish banks. Meanwhile, Cian wonders whether Irish credit unions are also vulnerable. And, as the Irish government sketches out the detail of what Taoiseach Brian Cowen mentioned at the weekend, on the subject of Irish banks and the economy RTÉ reports

The Financial Regulator has admitted the banking system is in a ‘very fragile position’ and Ireland in the ‘middle of a very deep crisis’.

[The middle? – Ed] Fingers crossed.