Minister Lenihan has announced the new financial regulatory framework for Ireland: details here.
Category: Banking Crisis
Thanks to Joan Burton for drawing attention to this bill, which was published on Friday. It hasn’t received any media attention as far as I can tell. However, despite its dreary name, it has some important stuff in it. Among other things, it proposes an extension of the bank liability guarantee.
Patrick Honohan has a new paper on this topic, to be presented at the Dubrovnik conference next week: you can download it here.
Willem Buiter writes here about a highly-profitable strategy undertaken by Amherst Holdings.
Brian Lucey explains in this Irish Times article: you can read it here.