Joe Costello (Dublin Central, Labour)
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Is there within the remit of NAMA a requirement that they break even or make a profit on their impaired assets? When it appeared here before us, its delegation stated that it intended to make a profit of roughly €1 billion. Surely that is the rate of return that they are talking about and so long as they make a profit they have fulfilled the remit for which NAMA was established. It considers it is doing its job. However, the real question in my view should be whether at this point in time when we are halfway through that period whether that is the way we should be looking at it and whether the Government should be looking at something different than what was envisaged in 2010.