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
Mr. Frank Daly:
It is interesting that when we were predicted to make an €8 billion loss, the base figure people were using was not the gross €74 billion but the €30 billion that we took the loans over at. Now, when we will make a profit, suddenly that base figure no longer seems satisfactory.
Deputy Kieran O'Donnell:Mr. Daly will appreciate-----