Jamie Zimmerman: Opportunity In Irish Debt (IRE, AIB)

Jamie Zimmerman of Litespeed Management says deutsche mark might come back, euro to go bye bye. It will take years to play out. Zimmerman is saying that she is staying away from Germany. She doesn't think Bank of Ireland IRE will be nationalized, and she likes their senior debt. It's trading around 50 cents on the dollar. Zimmerman is saying that she sees opportunities in the Airgas ARG. She thinks MGM MGM could've been taken over by Time Warner TWX and she sees opportunity in MGM debt.