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Thread: Bank shres up on NAMA deal for banks

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    Politics.ie Member mmrebel's Avatar
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    Exclamation Bank shres up on NAMA deal for banks

    Looks like the the markets like the deal the banks are getting.


    AIB at 2.63 up from 2.50

    Bank of Ireland now at 2.87 from low of 2.60

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    Politics.ie Member Raketemensch's Avatar
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    I would sell now while they are at their peak, before everybody else does!

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    Gimpanzee
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    The market was closed before Lenihan started speaking.

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    Quote Originally Posted by Gimpanzee View Post
    The market was closed before Lenihan started speaking.
    And its not as if anyone didn't know what he was going to say.
    A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.

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    FF played a blinder.

    They streatched out the dail time with the help of JOD do that when the Bill was read out the Markets would have already closed.

    Corruption runs deep in FF.

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    Politics.ie Member mmrebel's Avatar
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    Update: AIB telling media that the discount on their €24 billion of assets (€17 billion in land and development) will be less than the average discount of 30% and that they will only need to raise €2 billion. AIB shares up 26% in after-hours trading in New York. BOI up 16%.
    http://www.irisheconomy.ie/index.php...-for-taxpayer/

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    Politics.ie Member mmrebel's Avatar
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    Can mods edit the title to share price thanks

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    Even first time i saw developers come out and expressing their opinion, after shying away from the media from almost year. On drive time RTE 1, cant remember the name.
    Signature censored!

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    i paid 95k towards a loan i had on a foreign property today , wish id put it in shares , could have made some quick and easy money , would have helped make up for all the money i lost on my appartment in budapest , early bird catches the worm and all that

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    Quote Originally Posted by irish_bob View Post
    i paid 95k towards a loan i had on a foreign property today , wish id put it in shares , could have made some quick and easy money , would have helped make up for all the money i lost on my appartment in budapest , early bird catches the worm and all that
    NAMA doesn't exist to help you out of your spot of bother.

    Now, if you'd developed ten estates of foreign holiday homes that didn't sell and were a property developer in good standing with Frankeen Fahey (FF), then NAMA could be your saviour.

    Might be a bit leaden-handed and obvious in the exposition, but it was an open goal and I had to kick the ball.


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