Karl Deeter on the argument for cutting AIB loose
By selling the bank, we’d reap massive revenue overnight and leave the risks to the investors
We need healthy banks free of political interference in order to ensure our housing market can operate. Otherwise we end up with zombie institutions that cannot enforce contracts or offer good value credit to those who need it such as the builders, developers and buyers of housing, be they people or housing bodies.
Somebody on Twitter recently mentioned a deal that Fine Gael and Labour had entered into which allowed banks to offset losses against...
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