Wednesday, October 12, 2011
Video: Joe Higgins asks Taoiseach why he will not write-down mortgages to their current value | Joe Higgins.ie
Video: Joe Higgins asks Taoiseach why he will not write-down mortgages to their current value Joe Higgins.ie: The Taoiseach knows that but the Keane report tinkers around the problem, offering guidelines to banks, which are “strongly encouraged” to follow them. Is it serious that the very institutions that were central to the profiteering and speculation that caused this crisis are now largely being looked at to resolve it? Their victims are now being thrown to the tender mercies of the banks. It is like sending a bunch of marauding foxes that had raided a henhouse back to give mouth to mouth resuscitation to their victims. Is the Government going to tolerate this situation?
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