Monday, July 6, 2015

6/7/15: More Nama and IBRC headlines


More interesting 'stuff' is seeping into the public domain from Nama and IBRC:

  1. Irish Times on PIMCO reporting to Nama an un-solicited approach http://www.irishnews.com/news/2015/07/04/news/-unsolicited-approach-to-pimco-to-buy-nama-loans-161616/ "...at least one informal meeting took place at Stormont in late 2013 - thought to have involved Ian Coulter, Frank Cushnahan and a senior politician - with a view to Pimco acquiring Nama’s northern portfolio in its entirety". 
  2. A report in the Indo on John Flynn's letter concerning IBRC overcharging: http://www.independent.ie/business/irish/banking-inquiry/bank-inquiry-refuses-to-probe-anglo-overcharging-31352266.html

On the second story above, see the letter and the links posted here: http://trueeconomics.blogspot.ie/2015/06/1762015-mr-john-flynns-letter-to.html and BankCheck report reprinted here: http://trueeconomics.blogspot.ie/2015/06/21615-bankcheck-report-into-anglo-ibrc.html

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