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Just reported on RTE News. No comment by Department of Finance press though (yet).
Just reported on RTE News. No comment by Department of Finance press though (yet).
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Originally Posted by David Cochrane
Ya did indeed(get there before me)
As in the title, just heard it on news at 11:00.
What now for NaMa 2?
Is this a Poison Chalice.
Or is it a master-stroke by Lenny?
RTÉ News: Honohan tipped as next Central Bank governor
Last edited by irishpancake; 3rd September 2009 at 11:20 AM.
Irish Pancake asks:
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was he pro or anti NAMA?
"To robbery, slaughter, plunder, they give the lying name of empire; they make a desert and call it peace." Galgacus (from Tacitus)
You make no sense, shush please. The grown-ups are talking.Ya did indeed
As in the title, just heard it on news at 11:00.
What now for NaMa 2?
Is this a Poison Chalice.
Or is it a master-stroke by Lenny?
RTÉ News: Honohan tipped as next Central Bank governor
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Good news. First time it has gone to someone outside the civil service, isn't it?
Don't think it has any implications for NAMA - maybe adds to the likelihood of his NAMA 2.0 being the basis for it, but it was heading that way anyway.
Pardon?
Please explain.
Irish Pancake asks:
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Agreed on point 1.
But, surely it has implications in that it shows that Lenny is tending towards NaMa 2?
This is a definite implication for NaMa as originally announced, and defended by the MoF up to last Tues Dail Committee?
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will he start by sacking all the staff who were asleep at the wheel?
“'retail deposit flight, I don't see that as a great danger. Ireland is an island” - Brian Lenihan - to hundreds of international investors
He is known for proposing his own plan, which has been called NAMA 2.
see this post
This is an outline of his plan
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I don't think there is much doubt that the risk sharing component is being examined - think this has been implied in Lenihan and Alan Ahearne's comments in the past week or two. There is also the fact that Labour and FG seem to be angling to allow this to be portrayed as a 'climbdown' by the government giving them option of supporting it, or at least softening their opposition.
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