All You Ever Wanted to Know about NAMA - The Repository


The Labour Party and NAMA

In the IT today, 250809 Eamon Gilmore is reported as saying Brian Lenihan should reconsider NAMA because of growing public opposition to the proposal.

Is Labour against NAMA? … king20.htm


Fintan O’Toole on NAMA

Fintan O’Toole believes that NAMA relies for its potential success on the creation of yet another bubble. … ml?via=rel

He went on to defend his thesis on Drivetime this evening 46 mins in … ilson.smil

Philip Bouchier Hayes later remarked that all the texts coming in were in support of Fintan O’Toole’s comments.

Pin discussion of this here


Karl Whelan - Lenihan not anticipating further nationalisations
posted on on 230809

He goes on to given an example of what this might mean for AIB. … lisations/


Martina Devlin wrote a piece on NAMA in the Indo last week saying that NAMA is not the ideal solution but is the only one with a chance. … 64597.html

There’s pin discussion on that here

Karl Whelan takes the points she makes below, suggesting she’s scaremongering, green-dissing, conspiracy-theorising and essentially “presents a host of misleading arguments.” … ternative/


This is a little out of date but an interesting sidebar nonetheless.

FT reporting (300709) on British fears re NAMA. … 07658.html


Sen Joe ‘ATM Machine’ O’Toole on the News at One today 250809

In between the metaphorical purple patches he says NAMA ain’t perfect but… … 1,real,209


Interesting piece in the New York Times:


Does NAMA comply with EU Commission guidelines?

On August 13 Edward McGarr sent this letter to the Taoiseach

Today August 25, he sent this one

Discussion of all this on the pin here



46 Economists Speak Out Against NAMA … ml?via=rel

Alan Ahearne, special adviser to Brian Lenihan was also contacted to put his name to the op-ed above but sent an email to his colleagues in which he responded in the following way, describing the proposed article as … ml?via=rel

Last night he gave further reaction,

IT article here … 70329.html

Today on Morning Ireland Brian Lucey defends his analysis and then Alan Ahearne responds. … 1,real,209

Pin Discussion of all of this is

This morning,GP’s Eamon Ryan agreed with what Alan Ahearne has been saying. He’s reported on News at One speaking to RTE’s Richard Dowling. He says that the people who speculated, the developers and the bankers should be at the top of the queue to pay for this. … 0,real,209

Today FM summarises the whole thing here (briefly)


Wednesday - 26/08/2009

Irish Examiner:
Taoiseach on NAMA - Take your own advice

Irish independent:
Greens urge party TDs to reject NAMA

Irish Times:
Economists warn against going ahead with Nama project
Warning over ‘sloppy and misleading’ Nama criticism
The Nama debate
Nama set to shift wealth to lenders and developers


Thursday - 27/08/2009

Irish Examiner:
Lenihan in media blitz to defend NAMA plan

Irish independent:
Key economists criticising NAMA …
Minister hits out at FG plan to ‘default’ on debts
Lenihan plan to hold back bad-loan cash from banks
We can’t afford crude guesswork from critics in vital NAMA debate

Irish Times:
Lenihan claims FG bank policy would be catastrophic
Gilmore calls for economists to be heeded on Nama
Nama debate: Full text of Brian Lenihan’s letter to Enda Kenny
Impossible for foreign banks to trade here, says Rabobank
Arguments against Nama alarmist and unbalanced


Friday - 28/08/2009

Irish Examiner:
Gilmore: NAMA leaves toxic loan risk with taxpayer

Irish independent:
Asset agency opponent defends subprime stance
Shareholders may get windfall
NAMA needs tweaking or it could destroy us

Irish Times:
Leading developer says Nama will be positive for economy
Nama plan falling apart - Lee
Government to provide key data on extent of stake in Nama institutions
Ireland a level playing pitch for foreign banks, says KBC
FG ‘good bank’ plan offers better alternative than Nama


Saturday - 29/08/2009

Irish Examiner:
FF attacks Kenny over plan for NAMA

Irish independent:
Where the parties stand on saving the banks
Rothschild replaces Merrill as State’s adviser on sector crisis
Government will drown in rising tide of NAMA anger

Irish Times:
Opposition parties keep up attacks on Nama Bill
Government may now pay current market value upfront for Nama loans
Selling Nama to sceptical public requires political will
Public mood against Nama could threaten Coalition
Government must not fall until crucial measures implemented
Who stands where on Nama?


Sunday - 30/08/2009

Sunday Business Post
State prepared to take majority stakes in banks
Misinformation clouds the Nama debate
EU is neutral on whether Irish banks are nationalised
Tough medicine
46 economists say no to Nama: are they wrong?
Getting down to business
Nama opposition builds
Carroll lawyer warns on constitutional issues

Sunday Independent
Mac backs Nama, ‘the only show in town…’
Getting it wrong on Nama risks second Lisbon defeat
Eggheads prick Nama bubble

Sunday Times
Focus: Lenihan’s €90 billion gamble
Matt Cooper: Costly Nama gamble looks like our best bet

Sunday Tribune
Nama rejection could bring in the IMF, warns FitzGerald
Why Nama is ‘the least worst option’ for getting Ireland out of this mess
So the toxic bank gets dumped – what then?
Focus On Ireland INC - International bond market is oblivious to Ireland’s political bunfight, and just as well
Lost In Space: Whither The Property Market?
Going bust could be Ireland’s ‘best’ option
Developers fear planning laws will scupper Nama
Nama exempt from tax on property disposals
Cards On The Table: How seven leading commentators view NAMA
It’s a bad bank, but is it good for you?
Vested interests: 38 politicians voting on Nama have extensive property portfolios


Monday - 31/08/2009

Irish independent:
Builders flocked to bad-bank meetings
Lenihan prepares to tackle NAMA critics with new safeguards
Fitzgerald urges bad-bank support on IMF concern
Bank shares fall on reports of delayed bad-bank payments
Lenihan’s NAMA subject to whims of Fianna Fail

Irish Times:
Fine Gael dismisses FitzGerald criticism of Nama stance
Department gets 40 submissions on Nama


Tuesday - 01/09/2009

Irish Examiner:
FT highlights plight of ‘dire land’
Dáil committee teases out strategy nuances
Debate sees two rival gangs consolidating in urban decay
Fine Gael keen to distance party from FitzGerald remarks
Lenihan reveals bank assessor
Agency will have power to get ‘pound of flesh’
ECB: Do not pay too much on NAMA
Key banks hit by pre-NAMA volatility
Let’s put the horse before the cart and nationalise the broken banks

Irish independent:
Don’t pay over the odds for toxic loans, ECB warns
Property guru Mulcahy failed to forecast commercial crash
Lenihan rejects leading economists’ calculations
Labour says a czar is born with ‘bad bank’ plan
Greens fail to attend key NAMA meeting
We’ll just pay farm prices for land, says NAMA expert
‘No nationalisation of banks’ despite writedown on loans
Topsy-turvy day for bank shares
Long term view needed on NAMA
Critics strangely muted as Joan goes on solo run
Like it or not, NAMA is the only credible plan we have

Irish Times:
ECB urges caution on prices paid to banks for toxic assets
Minister all but rules out nationalisation of two banks AIB, BoI ‘survivable entities’ - Lenihan
Taxpayers face risk over bank ‘bailout’
The success of Nama is not based on any assumption of a return to the recent ‘bubble’ prices for property
ECB concerned method of valuing loans may benefit banks
Cavalier plans for Nama agency are a potential disaster, Bruton warns
Value of commercial properties used as collateral down by 50%
Lenihan proves coy on make-or-break detail
A startling glimpse into huge task that awaits Nama
Fears over Nama sparks volatility in banking sector
Model for Nama property valuations not the norm
Sending in the clowns to oversee Nama


Wednesday - 02/09/2009

Irish Examiner:
Shatter: Greens should be cut out of NAMA debate

Irish independent:
Green TDs and senators stay silent on committee no-show
Lenihan says ECB behind NAMA despite alert on costs
NAMA pricing warning hits banks
NAMA money pit could be our economic Stalingrad

Irish Times:
Nama adviser gave positive property forecast in 2007
Social housing ‘could help Nama’
Shatter criticises Green absence from committee’s Nama discussion
Nama will distort market and is economic nonsense
Garret has got it wrong: Nama must be opposed


:open_mouth: You all right there WGU?



Just keeping the seat warm until “Kate P” starts keeping note of all media-related NAMA stuff again and putting them in her categories - see the first post in this thread.

I may revisit the above and add the Pin links as well - but I really can’t be arsed at the moment.


Sorry WGU, Professori - Hillarious