Don’t worry, the banks will do the right thing

Brian Lenihan, admitting that the NAMA legislation doesn’t force the banks to do very much, said they have a moral obligation to do the right thing.

I recommend this excellent analysis Gavin links to of the danger this government has exposed the taxpayer to in its scramble to protect the interests of bankers.

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  1. Brother-in-Law’s avatar

    Real legislation would force the banks to toe the line; ‘moral obligation’ will just encourage them to more ‘inappropriate behaviour…’