LENIHAN TO DEAL WITH BAD BANK LOANS. Finance Minister Brian Lenihan is looking at a major change to NAMA. This change will prevent banks from handing over their bad loads for cash from the government. Mr. Lenihan is also expected to release more information on the NAMA purchases next month. For right now he is looking at everything everyone including the Green Party had to say ... Read More

Foreign Banks Getting Run Out of Ireland! The Irish Times has quoted Dutch Lender Rabobank as saying its no longer possible for foreign banks to trade in Ireland. This comes on the heals announcing it had set aside € 1 billion to cover losses on the € 4 billion loan book at the Irish subsidiary ACCBank. The Dutch Lender has ... Read More