Hmmm... Quite interesting when you search for the Allied Irish bank default on google. Zero results from the lame stream media site, but a lot from conspiracy sites... Someone trying to discredit the truth...
A nationalized bank in default?! No wonder Greece CDS levels warrant a Guiness book of records entry...
Next Irish & Portuguese CDS levels to follow...
Google search magic, shame on you

Thanks to RSS feeds that save urls. BBC forgot to expire their link.
Oops -
http://www.bbc.co.uk/news/business-13752758$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!