There's been no local response so far today (Friday) after news that finance house Anglo-Irish has been nationalised by the Irish government.
Plans for a £1.4 billion bail out have been abandoned in favour of a straightforward state takeover.
The bank lost four top executives over a secret loans fiasco.
The Irish government believes the damage to the bank's reputation and weak funding makes nationalisation a better option.
It says all employees will stay with the firm.
Shares in Anglo Irish Bank have been suspended today.
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