Print the PMS investors' money.
Last week, Shadow Sectretary of State, Owen Paterson, conducted an exchange with Paul Goggins, the NIO’s Minister of State, about the fate of PMS savers. The transcript can be read here . To digress briefly, apart from Paterson’s questions, you can also sample the horrendous, obsequious attitude of Sylvia Hermon to Goggins and his superior, Shaun Woodward. “Excellent ministers for Northern Ireland”! On what planet does this woman live? Thoroughly inaccurate and cringe-making, at the same time! One of the controversies these ‘excellent ministers’ have presided over is the failure to reimburse Presbyterian Mutual investors, rendering them, thus far, the only British savers who have lost out, because of the banking crisis. Paterson promises a Conservative secretary of state will “stand up for the people of Northern Ireland” as regards this issue. I hope he is right. One group which has suggested a possible solution to the PMS situation is the Cobden Centre . In today’s Belfast Tel...