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Read MoreI want to present a perhaps controversial thesis that Brian Cowen and Brian Lenihan (Taoiseach and Finance Minister, respectively) are not only basically honest but perhaps also the two most capable men in Irish politics (there...
Read MoreThe Irish Minister for Finance, Brian Lenihan, is on his feet in the Dail at the moment stating that the Government is planning to pay €54 Billion for toxic bank loans with a book value of €77 Billion and a current...
Read MoreCourtesy of Chris Cook, I attended a conference on Nama – the proposed National Asset Management Agency, or bad bank, organised by FEASTA (Foundation for the Economics of Sustainability) and the Environmental Pillar of the...
Read MoreI had a conversation last night with a banker who is doing the preparatory work for handing his bank’s loan portfolio over to Nama (the National Asset Management Agency). He argued that the total book value of the...
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