Have a quick read of Simon Carswell’s piece on NAMA in today’s Irish Times. Look at the detail – the first loans will now be transferred by 5th March 2010, the first amounts will be : “Allied Irish Banks is moving more than €3 billion in the first wave, Bank of Ireland over €2 billion, Irish Nationwide just shy of €1 billion and EBS building society about €150 million.”
Very detailed information and where does he get this insider information from? The last update from NAMA was about their senior appointments a couple of weeks ago and before that a statement in November 2009. NAMA is getting off to a very bad start where select media seem to know what’s going on ahead of politicians and the general property and financial markets to which NAMA is very important.
NAMA Wine Lake 