irishtimes.com/newspaper/bre … 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:
shane-ross.ie/archives/409/i … et-denial/
irishtimes.com/newspaper/fin … 13298.html
archives.tcm.ie/businesspost/200 … y42115.asp