Opinion

Eamon Ryan, former Minister for Communications, Energy and Natural Resources (2007-2011)

Landowners & Cement Producers Gain, Homebuyers & Taxpayers Suffer. By Richard Douthwaite

With banks in America and the UK encountering major difficulties as previously booming economies head towards recession, a similar and perhaps even worse fate may be awaiting Irish banks. Worryingly, the situation is shaping up to be so bad, that the very future of the banks may be under threat, as Richard Douthwaite explains.