Irish Bad-Bank Law Expected By Month’s End

12 Oct 2009

Ireland’s proposed bad-bank legislation is expected to pass by the end of October, according to Brian Lenihan, the country’s finance minister.

Ireland’s proposed bad-bank legislation is expected to pass by the end of October, according to Brian Lenihan, the country’s finance minister. Lenihan made that prediction after the Green Party, which opposed the creation of the National Asset Management Agency, designed to help clear banks of their toxic assets, ...

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