John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

NAMA got €74 billion and then got back €32 billion. The agency could relate that to what the vulture funds do, building in the criteria the it wants observed through the process of taking in that €16.5 billion of mortgage debt from the banks. The likelihood is that a vulture fund might pay €5 billion for the €16.5 billion. It is not beyond the realms of possibility that the agency could be told to work on that basis.