LinkBack URL
About LinkBacksBacon payment for property proposal refused - The Irish Times - Fri, Feb 12, 2010
Billions of professional fees to be made from NAMA which was proposed by "Professional" economist Bacon.
Bacon payment for property proposal refused - The Irish Times - Fri, Feb 12, 2010
Billions of professional fees to be made from NAMA which was proposed by "Professional" economist Bacon.
Wah, don't pay.
That's my opinion.
HIs negative attitude probably cost us a billion in interest on the spread.
Feckim.
The ballsy guys -
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
-
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
All very fishy. Bacon claimsDOF claim there was no contract and that it would beHe had been asked by Minister for Finance Brian Lenihan to evaluate the proposal from a third party, who has since died, he said. “They suggested putting together a fund to buy unsold stock of houses and apartments and they were then going to lease those to local authorities.”I wonder who the deceased party is and if someone is telling porkies?wholly inappropriate for the State to pay Mr Bacon for evaluating a proposal with which he is closely involved in promoting
Have you any evidence that Dr Peter Bacon isn't a professional economist - or are you just making stuff up ?Originally Posted by politicaldonations
cYp
"Yawn , am I alive yet ?"
Just emphasising the term professional in relation to professional fees. No slight on Dr Bacon(certified pigologist, just kidding here).
Nice potted biography from the IT. An insider's insider if ever there was one!
A return to battle - The Irish Times - Sat, Apr 11, 2009Fifty-five years old, Bacon grew up in Drumcondra and attended Coláiste Mhuire in Parnell Square. However, he and his wife set up the family home in Wexford, where they raised a son and daughter. He is now a grandfather.
He entered the Dept of Finance in 1975, but a couple of years later moved on to a role in Paris with the OECD. He subsequently worked in the Economic and Social Research Institute, the National Planning Board, and the World Bank before in the mid-1980s joining Goodbody Stockbrokers as chief economist. By the early 1990s he had become managing director.
There was then a short stint as economic adviser in the Department of Finance when Bertie Ahern was the minister, only for that to be cut short by the collapse of the Fianna Fáil/Labour coalition. Nevertheless, he and Ahern remain friends.
He then went out on his own as Peter Bacon and Associates. In fact, the “associates” aspect is misleading, because he is a lone operator. In the sharkpool of economic consultancy, says one acquaintance, he knew it would be tough enough to earn a living for himself, never mind earning one for anyone else.
In the past decade or so he has been commissioned to write reports on a range of interests, including the marine sector, the M1 interchanges at Drogheda, the market for apartments in Dublin’s city centre, forestry, biotechnology, the Personal Injuries Assessment Board, a third-level college in Wexford and the meat industry. He calculated the heavy financial cost of road deaths. He was asked by the Moriarty Tribunal to examine the competition that led to the awarding of a mobile licence to Esat Digifone, the consortium found by Denis O’Brien
Fair enough
Just for Bacon to get slagged is especially unfair as he warned us of the property bubble and said how to avoid it. Furthermore even if people don't like Nama... it should be noted Bacon (with the information he had) was against LTEV:
The Irish Economy Blog Archive Market versus Economic Values
Bacon is a pretty good economist ... and professional at what he does.
cYp
"Yawn , am I alive yet ?"
Bacon is a pretty good economist ... and professional at what he does.
cYp[/QUOTE]
So even more curious as to why the DOF refused to pay his invoice on this occasion?
Anybody got a link to Bacon's report on cost of road deaths? I'd be interested to read.
The future saviour of the Irish Economy:
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Published in 1999 but not on the Road Safety Authority website afaik. There's a synopsis in the link below:
Articles
Reply With Quote