Why doesn't the meja see things like this?

barrym

Active member
Joined
May 4, 2004
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226
Here - http://www.mcgarrsolicitors.ie/2010/10/01/nama-once-again/

(courtesy of 'the story' blog)

is, IMO, the real story of NAMA. It isn't what thay paid for the loans that matters, its the final value we the taxpayers get.....that will be the real cost of the bailout. If these people are right why don't the many commentators and pols see it?

Anyone like to comment??
 


eoghanacht

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Joined
Apr 18, 2006
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32,410
"The Government devised NAMA. It has designated NAMA as exempt from Freedom of Information legislation"

If thats not evidence of a political cover up then what is. Why be afraid of prying eyes if there's nothing to hide.
 

ibis

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Mar 12, 2005
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12,293
"The Government devised NAMA. It has designated NAMA as exempt from Freedom of Information legislation"

If thats not evidence of a political cover up then what is. Why be afraid of prying eyes if there's nothing to hide.
Isn't the whole point of NAMA to hide the value of the loans, though? The difference between the price of the loans and the value of the loans is a measure of how badly screwed up the Irish banking system really is,and NAMA is designed to keep that information away from the markets and spread the difference out over as long as possible. Making it FOI accessible would be rather counter-productive.
 
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Odyessus

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Joined
May 16, 2007
Messages
12,890
Here - http://www.mcgarrsolicitors.ie/2010/10/01/nama-once-again/

(courtesy of 'the story' blog)

is, IMO, the real story of NAMA. It isn't what thay paid for the loans that matters, its the final value we the taxpayers get.....that will be the real cost of the bailout. If these people are right why don't the many commentators and pols see it?

Anyone like to comment??

Yes, I have a comment. Why do you misspell "media" as "meja"?

Is it supposed to sound clever?
 

jpc

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Jun 14, 2007
Messages
4,252
Yes, I have a comment. Why do you misspell "media" as "meja"?

Is it supposed to sound clever?
My oh my.
A bit precious there aren't we.
Now what about the story?
Incidently Constantein Gourdaiev made similar observations on his true economics blog a while back.
 

blacbloc

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Joined
Nov 11, 2008
Messages
590
Isn't the whole point of NAMA to hide the value of the loans, though? The difference between the price of the loans and the value of the loans is a measure of how badly screwed up the Irish banking system really is,and NAMA is designed to keep that information away from the markets and spread the difference out over as long as possible. Making it FOI accessible would be rather counter-productive.

More than any other thing you have ever posted, this convinces me that you're utterly duplicitous in your motives here and on other sites. For shame.
 


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