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

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Those are useful facts. Mr. McDonagh said at the beginning of his statement that because of the collapse in prices, neither NAMA nor anybody else would consider building up until now. Was that his point? The market dictated it.