Bloomberg: Irish seek to delay ‘evil day’ of reckoning
We were mentioned in a Bloomberg story today on housing.
“While banks may be able to contain bad-loan losses on their mortgage books, “a big and ongoing problem is that a large part of their mortgage books are based on ECB tracker rates, which banks are funding at a loss,” said Karl Deeter, operations manager with Dublin-based Irish Mortgage Brokers.”
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Karl Deeter. Posted on
Friday, March 11, 2011, at 5:43 pm. Filed under
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