A GROUP of 46 economists has signed an article in today’s Irish Times calling on the Government to reconsider the National Asset Management (Nama) project.
They argue that Nama should pay the banks only the current market value for the loans it will assume.
Economists warn against going ahead with Nama project - The Irish Times - Wed, Aug 26, 2009
Gloves off!
He asked 250 hoping for 200, he got 46.
Alan Ahearne's point on quoting 30 billion when they can't know what the true figure is, is a telling one.
Ummm very telling considering FG have been slated on another thread for not having a figure.
A Better Ireland For All. Get Rid Of Fianna Fail
I can't see Prof Lucey's article in the paper, only excerpts from it and a full rebuttal from Alan Ahearne.
[edit]Here it is:http://www.irishtimes.com/newspaper/...253267074.html[/edit]
The future saviour of the Irish Economy:
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The good professors are guessing at someone else's plan, Kenny couldn't even guess at his own.Originally Posted by ang
There's a link on another thread
Nama set to shift wealth to lenders and developers - The Irish Times - Wed, Aug 26, 2009
Last edited by irishpancake; 26th August 2009 at 12:43 AM. Reason: Sorry, I didn't see you already had the link :)
Irish Pancake asks:
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To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
So how many economists have got together to defend NAMA as it it stands? Besides Peter Bacon and Alan Ahearne of course.
Paddy, any chance you could edit your opening post to include the link to the article itself?
Probably all those who think they might ever need a job from an Irish bank...
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