Between the state and a hard place
Taking a 15.7 per cent stake of Bank of Ireland at this stage was not part of the government’s plan
Ever since the government published draft legislation for the National Asset Management Agency last July, debate has raged about the rights and wrongs of this approach.
The two sides of the debate got characterised - not entirely correctly - as those ‘‘for’’ Nama and those who were arguing that the banks should be nationalised. The way things are heading we could yet have both - Nama and a nationalised, or near at least majority state...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team