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Wed 04 Apr 2009'Difficulty' exists with Coalition's toxic asset plan - ESRI
THERE IS an “implicit difficulty” with the Government’s plan for dealing with toxic assets in banks, Economic and Social Research Institute (ESRI) economist Dr Alan Barrett said yesterday.
Questioned on his views as to whether the banks should be nationalised, he told reporters at an ESRI press briefing that he was inclined towards that course of action but was “open to be persuaded” otherwise.
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