Last quote by Eric Lonergan
There is a very simple solution to the Italian banking problem. The Italian government can borrow at zero real, comes out and buys 50 percent of the non-performing loans and recovers the value over 20 years.feedback
Dec 22 2016
The latest quote from Eric Lonergan is: “The notion that you are selling non-performing loans to the private sector, people like me who want a 20 or 30 percent rate of return, is completely inefficient.”. It comes from the Using private cash to save world’s oldest bank was never the answer, analyst says article. You’ll find on this page 1 article with Eric Lonergan quoted on topics such as loan and sector. Eric Lonergan has been quoted 2 times in 1 article.
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Quotes by Eric Lonergan
Dec 22 2016
The notion that you are selling non-performing loans to the private sector, people like me who want a 20 or 30 percent rate of return, is completely inefficient.feedback
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