Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Mr. McEnery referred to Fortress as regretting that it did not make the reserve price. It was brought in very late in the day. Would that not have indicated to NAMA that there may well have been some value in dividing the loans at that stage to achieve a better outcome? Would that not have suggested to NAMA that the amount of time made available for Fortress and other bidders to consider what was on sale may have been inadequate? By comparison, PIMCO had a large length of time to consider and to engage with NAMA.