Quote: Ireland Goes for the Bailout

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Irish Finance Minister Brian Lenihan arrives at an euro zone finance ministers meeting at the European Union Council in Brussels November 16, 2010. REUTERS/Francois Lenoir

“I will be recommending to the government that we should apply for a program and open formal negotiations.”

–BRIAN LENIHAN, Ireland’s Finance Minister announced Sunday the Ireland would be applying for an international bailout after weeks of speculation. (via Reuters)