Promissory Notes: Any old deal won't do

Tom McDonnell 14/01/2013

Tom McDonnell: There is a real risk that any old deal in advance of the 31 March payment will be hailed as a victory after the failure to get a deal on the promissory notes last year. No matter how bad the deal actually is. In that context Nama Wine Lake provides a quick overview here of what would and wouldn't constitute a deal. Just eleven weeks …