Image via Wikipedia So Fine Gael’s Senator Eugene Regan made a formal complaint to the European Commission about NAMA. He claims the ‘scale and scope’ of the scheme is disproportionate to the size of the Irish economy, transfers too much risk from the banks onto the Irish taxpayer and does not contain sufficient safeguards that Irish depositors and borrowers will not be forced to pay for the huge mistakes by Irish banks. Now I think most people would agree...
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