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Lenihan will in all probability lose office at the next election, and will never be politically rehabilitated if Nama goes seriously wrong.  As someone who has reasonable expectations of being Taoiseach some day, that would be quite a career loss for him, not to mention the further career options that open up for an ex-prime minister.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Oct 15th, 2009 at 04:05:12 PM EST
[ Parent ]
not to mention the further career options that open up for an ex-prime minister.

Yeah, well I'm thinking about the further career options that open up for an ex-finance minister. Want to bet that he'll coast straight into some cushy wingnut welfare gig in the lobbying or financial sector?

Besides, he can blame it all on the new government, when this thing blows up in your collective face.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Oct 15th, 2009 at 04:22:19 PM EST
[ Parent ]
If Nama goes seriously wrong he is damaged goods from almost every perspective.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Oct 15th, 2009 at 04:49:03 PM EST
[ Parent ]
One could have been forgiven for thinking similar things about Paulson.

But he had a cushy gig lined up from the moment he went out of the revolving door.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Oct 15th, 2009 at 05:43:03 PM EST
[ Parent ]

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