Ireland to Overhaul Banking Sector as Part of Rescue Package

Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF.

Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press.

The banks are saddled …

Is the Global Economy Rolling Over?

The recent tremors in global equity markets may have deep and disturbing roots. As investors are becoming aware, there is growing evidence that the economy is slowing down in Europe, Asia and the U.S. Here’s a look at some of t…