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Sat 04 Apr 2009A return to battle
PROFILE:Peter Bacon’s advice on the economy seems to have been falling on deaf ears for years – now that we’re all finally listening he’s back to battle the monster one more time
ON FEBRUARY 18th, a press release popped into the in-boxes of the country’s journalists. It was not the longest they got that day. It said, simply, that: “Dr Peter Bacon has been appointed Special Advisor at the NTMA reporting to the Minister for Finance. The appointment is for a period of three months.” That was it. Nothing to see here. Go about your business. Except that there was something to see; something quite seismic, in fact. The reason why Bacon was there? To find the ultimate solution and a specifically Irish solution to the Irish banking crisis.
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