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.
One thought on “Don't worry, the banks will do the right thing”
Real legislation would force the banks to toe the line; ‘moral obligation’ will just encourage them to more ‘inappropriate behaviour…’
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