Seanad debates

Wednesday, 11 November 2009

National Asset Management Agency Bill 2009: Committee Stage (Resumed)

 

11:00 am

Photo of Joe O'TooleJoe O'Toole (Independent)

We are dealing with section 208(11). We had a lawyer speak in the House this morning who put words in my mouth as well as Fianna Fáil could ever do it. NAMA is a market-driven plan. The idea that someone might interpret it as a social democratic plan or form the view that something I said in support of NAMA was the same as my saying this is a social democracy-based plan, is anything but the case. This is market driven all the way.

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