• Home
  • NAMA property for sale
  • About
  • The Developers
  • The Tranches

NAMA Wine Lake

Click the green link above for latest news and over 2,600 related articles. NAMA – National Asset Management Agency – part of Ireland's response to its banking crisis and property bubble

Feeds:
Posts
Comments
« There’s plenty a slip twixt cup ‘n’ lip
Credit environment in the State continues to deteriorate »

The decision !

February 26, 2010 by namawinelake

Decision published 9th April 2010.

I am presently awaiting the EU statement which will be available under the case number N725/2009 in the State Aid Register on the DG Competition website once any confidentiality issues are resolved. I will post a link here as soon as it becomes available. Here is the EU Statement announcing the decision.

Of note from the Statement is that the NAMA loans including rolled up interest are now being talked about as €80bn and not €77bn and also we have confirmation for the first time that only 5 banks have applied to be included in NAMA by the deadline of 19th February, 2010 – they are

Anglo Irish Bank, Allied Irish Bank, Bank of Ireland, Irish National Building Society and Educational Building Society

Of note also is the reference to oversight on individual loan transfers – perhaps Senator Regan has gotten a concession after all!

Advertisement

Share this:

  • Twitter
  • Facebook
  • Reddit

Like this:

Like Loading...

Related

Posted in Banks, NAMA | 3 Comments

3 Responses

  1. on February 26, 2010 at 11:49 am Machholz

    This is a day we will remember as the day we were all sold into financial slavery and the day Irish Independence was lost be the treachery of our own government
    This government will go down as the most hated in history, and the greens have destroyed any hope of promoting the green agenda for the next generation
    Machholz
    I no longer recognize the authority of this government over me or my family


    • on February 26, 2010 at 12:12 pm namawinelake

      Machholz,

      Just to emphasise the point. John Gormley came out with enthusiastic support for NAMA this morning claiming that FG would do no different – see link below. I wonder if they’ll have anything to say about that. I suppose the one redeeming factor appears to be the oversight the EU will have of substantial individual loans. There may be other fine detail which will appear in the Decision itself and I will keep you posted.

      http://www.irishexaminer.com/breakingnews/ireland/gormley-no-alternative-to-nama-447819.html


  2. on February 26, 2010 at 4:21 pm Machholz

    Our national financial independence is now lost and our own corrupt government have sold us out to their real bosses the international bond holders.



Comments are closed.

  • Recent Posts

    • Test – 12 November 2018
    • Farewell from NWL
    • Happy 70th Birthday, Michael
    • Of the Week…
    • Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of European Commission commitments
    • Gayle Killilea Dunne asks to be added as notice party in Sean Dunne’s bankruptcy
    • NAMA sues Maria Byrne and Graham Byrne in Dublin’s High Court
    • Johnny Ronan finally wins a court case
  • Recent Comments

    Wisemama on Eddie Hobbs’s US “partner” fir…
    Dorothy Jones on Of the Week…
    Sean Bean on Eddie Hobbs’s US “partner” fir…
    John Foody on Of the Week…
    Wisemama on Eddie Hobbs’s US “partner” fir…
    otto on Of the Week…
    Frank Street on Of the Week…
    Wisemama on Eddie Hobbs’s US “partner” fir…
    John Gallaher on Of the Week…
    John Gallaher on Of the Week…
    who_shot_the_tiger on Eddie Hobbs’s US “partner” fir…
    Sean Bean on Eddie Hobbs’s US “partner” fir…
    otto on Of the Week…
    Brian Flanagan on Of the Week…
    Robert Browne on Gayle Killilea Dunne asks to b…
  • Twitter Updates

    Tweets by namawinelake
  • Click on date for that day’s posts

    February 2010
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    « Jan   Mar »
  • Blog Stats

    • 5,119,384 hits

Blog at WordPress.com.

WPThemes.


Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Follow Following
    • NAMA Wine Lake
    • Join 1,326 other followers
    • Already have a WordPress.com account? Log in now.
    • NAMA Wine Lake
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Copy shortlink
    • Report this content
    • View post in Reader
    • Manage subscriptions
    • Collapse this bar
%d bloggers like this: