Vulture funds debate: We’ve been taught to hate the funds: let’s challenge that

Visceral hatred makes fertile ground to sow seeds of opposition to a reasonable course. If the sale is hampered the bank will remain broken and the consequences will be unfairly imposed on the next generation

4th March, 2018

I was struck when a financial journalist told me last week of what he called a “visceral hatred” of the banks.

The basis of “visceral” is that it is not intellectual. Rather, it is unreasoning or instinctive. Of course, the danger of this is that, precisely because it is not intelligent, the direction our gut will drive us in is, at best, uncertain.

The impetus for Brexit was “visceral”, as with...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Private rental sector remains strong despite Covid-19

How the programme for government will shape housing

Comment: US must defuse Covid-19’s ticking time bomb of debt

Comment: The recovery will be more U than V-shaped