Irish government hopes its bad bank will work

Getting the message: the formation of NAMA has led to protests in Ireland

Getting the message: the formation of NAMA has led to protests in Ireland

The Irish government has opted for a 'bad bank' to save the nation's finances by buying up bad loans. With some experts unconvinced this was the best solution, only time will tell if the gamble pays off. Writer Philippa Maister

A 'bad' solution for a battered economy?

Feeling the heat: Ireland's finance minister, Brian Lenihan, has divided opinion with his 'bad bank' plan to revitalise the country's economyIreland's finance minister has divided opinion with his 'bad bank' plan

As Ireland reels from its banking woes, a fierce debate is under way as to whether the government's 'bad bank' solution will be enough to open a route to recovery or whether widespread bank nationalisation is a more realistic option. Writer Philippa Maister


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