Seanad debates
Monday, 9 November 2009
National Asset Management Agency Bill 2009: Second Stage
1:00 pm
Alex White (Labour)
That is interesting. The Minister has anticipated the point I was going to make. We will have the argument on another day as to whether NAMA constitutes a bailout for developers. A good argument can be made to the effect that it does constitute such a bailout, even if only in the context of the delay of which developers will be able to avail.
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