Nama Dail Vote.

ranger4

What time is the nama dail vote taking place tommorow, also is president mcaleese expected to make her decession to sign off or put nama to referendem tommorow?

crapmanjoe

Yeah

I was wondering the same and was wondering how do people think the market will be react?

Pass - bank shares go up?

Reject - bank shares go down?

ranger4

crapmanjoe wrote: »

Yeah

I was wondering the same and was wondering how do people think the market will be react?

Pass - bank shares go up?

Reject - bank shares go down?

would expect some modest upside when nama passes, But also expecting volitilty to remain untill eu approves gov plan in december.

displaced dub

my understanding of what happens next is as follows.

1. TD's pass Nama, That will happen, greens onside now.

2. Pres either signs straight away or passes to supreme court to test constitutionality...

3. Pres does not decide if it goes to a referendum thats what the dail does.

ranger4

displaced dub wrote: »

my understanding of what happens next is as follows.

1. TD's pass Nama, That will happen, greens onside now.

2. Pres either signs straight away or passes to supreme court to test constitutionality...

3. Pres does not decide if it goes to a referendum thats what the dail does.

Good job robbinsons term has ended as supreme court would have been her route, Cant see our present president handing over to supreme court, she is well aware of country needing plan to be implemented as soon as possible as does the EU who are effectively dictating financial policy and running the country.

ED 209

NAMA is insane. We all know it. But nothing surprises me anymore. It's even more ridiculous when you consider that we are part of the eurozone. Why not do what the Russians and South Koreans did in the 1990s? That seemed to work. Incompetence bailed out leads to more incompetence.
Very bad for Ireland.