No live streaming by TV3 be the looks of it.

what were you looking for?

Lee was on VB last night

doesn't seem to be available on their site yet

its just online now

http://www.tv3.ie/shows.php?request=ton ... ideo=19199

File on 4....starting on Radio 4 now
Negative Equity/Commercial property.

"Rents are down 50% so prices are down 50%; it's a pretty simple equation. That's why I'm not a brain surgeon."
(Speaking about Midlands in the UK, specifically Birmingham).

edit: this is a spooky program. It is like a 'pin for the UK commercial market. The banks are totally stuffed there too.

Vincent Browne Tonight
Special on the financial system. Ronan Reid, Joan Burton, Brian Lucey, Peter Matthews

Jeez there is a serious dose of reality on VB at the moment Mathews and Lucey articulate and well informed

I'm not convinced that Mathews is correct. He is assuming two things:
1. The bubble level of profits will continue into the future. I don't believe that 6 bn profit a year is a sustainable level in an economy with a GNP of 130 bn.
2. That NAMA is taking all the bad loans. NAMA is taking 20% of the worst loans. The other 80% are all bad too.

Personally, what I thought was interesting and a little scary was Ronan Reid saying 20-40 bn in cost. I spend my Saturday mornings shouting at Ronan Reid on the Business on Radio 1. Not because I think he is wrong or lying, just because I think he is over-optimistic. He was a real dose of the salts this evening.

Anyway, great discussion. VB seems to be the best panel host on TV at the mo. He's less good with a one on one, but he did an excellent job this evening.

I do the same on Sunday mornings on the Sunday business show on Todayfm. I blame it on Bombay Saphire. Obviously it's not strong enough on Saturday nights to sleep through such absolute rubbish from Ronan "Buy the banks" Reid.

Joan Burton on Vincent Browne started to speak in favour of George Lee's participation in the NAMA Dáil debate when Vinny cut her off by implying that Labour might be in the market for the self-confessed giant of Irish economics.

I think he was only hopping the ball (does anyone else use that expression?), but it might be a cheap long shot for Labour.

Gilmore gives Georgie a ring and offers him a major role in Labour economic policy. It would take balls to try but could sling Labour ahead of FG in one move. Say they're prepared to compromise on some of their previous positions for the sake of the country if he can come up with a coherent strategy with plenty of contingencies and future moves and suggestions. Basically saying to him "Lock yourself in a room and come up with something good. You could try collaboration maybe. If its decent, we'll run with it".

Even if he ignores the offer, Labour will get plenty of media coverage. They could do with it after being out of the limelight for a while now.

Labour will win George's Dublin south seat anyway, at a canter.

one of the best discussions on the banks i have heard on the mainstream media.

Narrowing consensus about the scale of the losses and the decrepit nature of the loan portfolios NAMA is taking on. they don't
even know who owns what.

We'll own it before its over whether we like it or not.