There IS a Solution!

Samantha Levine
11/27/09
Current Event Thirteen

As I have stated throughout my last twelve posts education is important, but in order to have a great education system there has to be enough room for the students to learn and for the teachers to teach. Not only have faculty and staff recognized the issue of school buildings being too small, but students and parents have as well. There have been ongoing battles in Ireland on building larger schools and adding onto existing schools. Finally something is being done to correct this issue, EBS and Irish Nationwide begin formal talks on a potential merger written on Wednesday, November 25th, 2009 in Irish Times, based in London, UK, by Simon Carswell, a finance correspondent.
This article explains how the Educational Building Society (EBS) and Irish Nationwide, two of the country’s main building societies have come together to discuss a potential merger which would grant more space for schools. Fergus Murphy, EBS chief executive and Gerry McGinn, Irish Nationwide granted opened discussion after Danny Kitchen, Irish Nationwide chairman wrote to the acting chairman of EBS, Phillip Williamson which regarded how to proceed. Although there has been open discussion on how to proceed with the merger, the societies are concerned with the treatment towards the building society and staff in the merger. The reason for the uprising concerns are because EBS will be the larger party after the transfer from Nama.
Although there are some concerns, “Mr. Murphy has said agreement could be reached between EBS and Irish Nationwide by Christmas, and a merger completed before the last loans are scheduled to be moved to Nama by the middle of 2010.”
I think this is great because there is finally a solution in progress 

http://www.irishtimes.com/newspaper/finance/2009/1125/1224259395149.html