Policing moneylenders - Let’s have a NAMA deal for the poor

OVER the last while we’ve all been enthralled and horrified as our great national soap opera unfolds, each episode more spectacular than the last.

The collapse of property developers under debts all but beyond our comprehension is just another act in the morality play of our day, a drama that may yet become a full-blown tragedy ensnaring us all.

A billion here, a bit more there; even the suggestion that one seemingly insolvent person may owe north of €2 billion. Though these blockbusters have taken centre stage the soul-destroying, family-ruining cycle of unmanageable debt that always makes the lives of the poorest a misery continues.

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