Professor Alan Ahearne:

I mean, ultimately, you're trying to fix a banking system for economic reasons. This is all about the welfare of the citizens so you're not stabilising your banking system or setting up an asset management company for the benefit of developers or borrowers or bankers. That was a ... NAMA ... the Government was accused of that when it was being set up. It was false then and it's clearly false. There aren't many developers going around saying that they benefitted greatly from NAMA-----