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Archive for October 29th, 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. […]


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Video: About NAMA(2009)