Oireachtas Joint and Select Committees
Wednesday, 16 December 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of NAMA: Discussion
2:30 pm
Pat Rabbitte (Dublin South West, Labour) | Oireachtas source
The NAMA deputation has referenced the success to date and the projected surplus of €2 billion. They have pointed to some commentary - in some cases serious commentary and in other cases commentary by people who do not know the first thing they are talking about, which is not novel. To be out by €10 million is not insignificant. Could it be said that the price at which NAMA acquires the loans - the original haircut - was more severe than it ought to have been?
No comments