Comments: Speaking Truthiness to the Irish Times

The FT.com disagrees, they want more NAMA nd they quote the European commission as saying:

Hey (us too!!!!)

The European Commission and others said the steps the Irish government had taken were “courageous, correct and bold” but that the country needed to “intensify the existing approach,” he said.


Irish fin min to recommend bail-out
By John Murray Brown and Tony Barber in Dublin

Published: November 19 2010 15:06 | Last updated: November 20 2010 22:05

http://www.ft.com/cms/s/0/33e6ebcc-f3e9-11df-901e-00144feab49a.html

Posted by Tony Phillips at November 21, 2010 03:29 PM

"“The banks have been operating with massive support from the European Central Bank and they will continue to operate on that basis but because of the degree of maintenance and support from the ECB, it is essential that we deepen the approach to addressing the structural problems in the bank."

Cohen
http://www.irishtimes.com/newspaper/breaking/2010/1121/breaking1.html?via=mr

Posted by Tony Phillips at November 21, 2010 03:41 PM