The painfully slow birth of Nama

Perhaps it was appropriate that legislation aimed at bringing an end to a financial Ice Age should have moved through the Dáil last week at a glacial pace.

31st October, 2009

Perhaps it was appropriate that legislation aimed at bringing an end to a financial Ice Age should have moved through the Dáil last week at a glacial pace.

For Minister for Finance Brian Lenihan, the length of time needed to guide the National Asset Management Agency (Nama) Bill towards the President’s pen - now seven months and counting - is in stark contrast to the rapid-fire decision-making that was required when he was...

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