Dawn of the Deal-Makers

By David Murphy, Business Editor This week came an insight into how the new Insolvency Service of Ireland will operate: it hinges on deal-makers. When Ireland’s financial crisis first began to detonate, the then Government quickly established Nama to filter out the large property and development loans from the banks. That was in 2009. In 2013, attention is finally turning to ordinary borrowers. This week the director-designate of the new Insolvency Service of Ireland, Lorcan O’Connor, made his first public …