Economist McWilliams Says Ireland Is Microcosm of Spain

March 31 (Bloomberg) -- David McWilliams, a former economist for Ireland's central bank, UBS AG and BNP Paribas SA, talks about prospects for a bailout of Irish banks and the implications of stress tests on the nation's lenders. Irish regulators instructed four banks to raise 24 billion euros ($34 billion) in additional capital following stress tests on their businesses, while the government said it plans to merge two of the lenders. McWilliams speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)