Exploding the Nama myths

Last week Nama finally revealed some of its inner workings, but much remains unexplained about the agency’s attempt to clean up the property disaster

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The top management team at Nama have done well to get their enormous behemoth up and running. But nobody seems to know exactly what the agency is meant to be doing.

Deep flaws in the thinking that set Up Nama will plague its operations and its eventual outcomes. But those who run it cannot be blamed for shortcomings contained in the plan that set it up in the first place. In fact, the ...