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Lugh Ildánach

Nama dispossesses natives for profit

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http://www.irishtimes.com/business/sectors/financial-services/nama-could-deliver-profit-of-500m-when-it-winds-down-1.1973464

 

So Nama will deliver a profit for the state. But it's not hard to see what has been sold, and to whom? And of course we know who really paid for this!

 

"Of its loan sales over the past 18 months, 88.5 per cent have been to US investors. Domestic buyers accounted for 6.9 per cent of sales, with Germans at 3.5 per cent and UK buyers at 1.2 per cent."

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