Last week, the Irish Treasury published further info on how it expects its giant bad bank, the National Asset Management Agency, to work.
Unfortunately, there wasn't much info on how the UK will be administered or affected. But it did provide a fascinating insight into how the scheme - which will buy €77bn of property loans from Irish banks - will work in practice.
Rather than have me do a second rate job, read a brilliant analysis of the pros and cons of the scheme, written by Richard Curren of the Sunday Business Post, here.
