Irish government hopes its bad bank will work
By Philippa Maister | Published: 30 December, 2009
Getting the message: the formation of NAMA has led to protests in Ireland
Getting the message: the formation of NAMA has led to protests in Ireland
The Irish government has opted for a 'bad bank' to save the nation's finances by buying up bad loans. With some experts unconvinced this was the best solution, only time will tell if the gamble pays off. Writer Philippa Maister
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