Irish Life & Permanent not selling loans to Nama … king12.htm

At least we have one bank with smart management, where people can feel safe for their money.

Their risk is on their c €25bn-30bn mortgage book and that is not inconsiderable .

NAMA 1.0 that is, their mortgage book will be in rare health when NAMA 1.1 comes round to buy those assets.

This sounds strangely familiar.

I think we’ve been here before: … et-denial/ … 13298.html … y42115.asp