Archive for October, 2010

A Good NAMA and a Bad NAMA »

I was strongly in favour of the NAMA scheme, when it was first revealed: It seemed like it could really help resolve the banks’ liquidity problem, while costing the taxpayer nothing. Remember, the banks had extended billions in commercial and development property loans, against security which was fast-falling in value in the crashing property market. […]

Lets start blogging again »

Apologies to my readers, especially avid fans, for the time out in the last few months. There was a lot of disruption in my routine, with move of office, move of house and move of city (to Greencastle, County Donegal, lovely spot). I found it difficult to keep up to speed with the details of […]

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Video: About NAMA(2009)
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