Nama report: Did Nama do anything right?

"Unfortunately, it’s too late to undo the damage that’s been done," says developer David Daly

David Daly’s report certainly does not pull any punches. Supporters of Nama may say it fails to understand the pressures the state was under at the time to sell assets.

There was certainly a need for Ireland to do something in order to be able to return to the bond markets. Nama may have made individual mistakes with deals, its supporters admit, but overall they believe it got things more right than wrong. ...