Asset fire sale of land ‘makes no sense’

An asset fire sale of land and property must be avoided at all costs, according to Alan Ahearne, advisor to the Minister for Finance Brian Lenihan, in an article in today’s Sunday Business Post.

Susan Mitchell

Deputy Editor and Health Editor @susmitchellsbp
15th August, 2009

An asset fire sale of land and property must be avoided at all costs, according to Alan Ahearne, advisor to the Minister for Finance Brian Lenihan, in an article in today’s Sunday Business Post.

As the government ramps up its defence of the National Asset Management Agency (Nama) in the face of criticism from opposition politicians and some economists , Ahearne says that calls to transfer loans to Nama at their current market...

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