Friday 9 December 2016

Latest challenge hikes pressure on Nama to maintain trust

Published 07/07/2015 | 02:30

NAMA
NAMA

A rebuttable presumption is an assumption that is taken to be true unless someone proves it not to be - innocent until proven guilty and the like.

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Such is the absence of public confidence, post-crisis, in our politicians, banks and property developers - amongst others - there is a rebuttable presumption that business and property deals are deserving of the deepest suspicion.

This is a grossly unfair assumption to make but one, given our not entirely irrational levels of cynicism, that can be difficult to rebut.

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