Dáil debates

Tuesday, 6 July 2010

4:00 am

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

Everything set out by NAMA confirms the aggressive nature of what it was doing to ensure we got a proper read on where we are at. This was done by NAMA and it has brought forward its central projection today which suggests that it still believes, based on the present asset values at the present time, that it will make a profit. With regard to whether it ends up with a loss, that would be addressed by a levy on the banks as the legislation provides for.

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