Ireland's Cowen Says Talks With EU 'Going Well' - WSJ.com

Ireland's Cowen Says Talks With EU 'Going Well' - WSJ.com: "As European officials raced to pull together an international bailout of Ireland believed to be worth at least €50 billion ($68 billion), one of the country's largest banks offered a troubling glimpse of the deteriorating bank conditions at the center of the crisis.
Allied Irish Banks PLC became the latest in a string of lenders here to warn that it is squeezed for funding as customers withdraw their cash and investors refuse to lend them money, amid concerns about the sector's safety.
European and IMF officials hoped to finalize the Irish aid package this weekend, but people involved in the discussions said it was unclear whether they would need more time."