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The curious case of Sean Dunne

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  • 10-04-2009 7:30am
    #1
    Slideshowbob
    Registered Users Posts: 2,460 ✭✭✭


    Does anyone know - as Ulster Bank is not one of the six banks covered under the guarantee scheme and according to RTE, will not be part of NAMA's remit; what is situation regarding Sean Dunne's loan for Jurys Ballsbridge etc from Ulster Bank?


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    #2
    silverharp
    Registered Users Posts: 18,407 ✭✭✭✭silverharp


    good question , I remember looking up some of the details before , Ulster Bank farmed out some of the loans to other banks , dont know to who. I dont think it does but open to correction. Ulster banks parent would take any hits first. The gov. is not backstopping foreign banks.

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