Entries Tagged as 'nama'

BREAKING: Nama to acquire property loans at 47% discount

March 30th, 2010 81 Comments

Stacy Summary: h/t @Danny.  Your thoughts?? Nama to acquire property loans at 47% discount

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RBS dumping toxic assets on Ireland

November 22nd, 2009 250 Comments

Stacy Summary: Oh dear. RBS dumping toxic assets on Irish taxpayers

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Ireland’s 54 bil euro gamble & White House tarps TARP

November 12th, 2009 42 Comments

Stacy Summary:  It grows more evident every day that the global economy is truly in the hands of jokers. Ireland’s 54 billion euro gamble nears approval White House wants to use TARP funds to pay down deficit (lol, very interesting way to extract a new tax) Tavakoli via Mish:  There are no criminals.  Everyone is [...]

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If debt grows off balance sheet does that debt exist? [UPDATED]

October 21st, 2009 22 Comments

Stacy Summary:  Excuse my French, but WTF?  H/t @Danny for this. Nama to fall outside national debt The decision by Eurostat means Nama will not increase the general government debt ratio and Ireland’s budget balance will not be directly affected by Nama. Ireland turns into giant SPV And so we now learn than Nama beast [...]

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Irish go to polls to determine fate of Lisbon treaty

October 2nd, 2009 75 Comments

Stacy Summary: A blog entry for Ireland.  So use the comments section to talk about NAMA and/or today’s vote on the Lisbon treaty.  @Danny and @david and others from Ireland, would love to hear any live updates you have on what is happening on the ground there.  What are the big issues for those voting [...]

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Irish bank shares soar on plans to socialize their losses

September 17th, 2009 103 Comments

Stacy Summary:  A sad, sad day for the Irish people.  Why is it, however, that sad days for the people these days is always such a good day for bankers and banking shares? Irish bank shares soar on plans to socialize their losses Fine Gael leader Enda Kenny said Nama was a “fatally flawed piece [...]

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