It seems that the financial eyes of Europe and beyond are firmly locked on NAMA, tentatively watching its evolution and keenly hoping for success. As reported in the Irish Times, Guy Monson, the chief investment officer of London-based wealth management firm Sarasin Partners, speaking to a group of private investors in Dublin, suggested that NAMA is seen as ‘road testing’ a flagship model of addressing long term problem property loans. “People are looking to see if an economy as flexible as Ireland can manage to make these challenges… I think the model is brave and bold, and there are a lot of people in the international community who would like to see it succeed”.
Given the recent discussions on whether the fundamental assumptions underpinning NAMA are at all realistic, it is debatable if this sort of close scrutiny is at all positive.
Ireland after NAMA 
March 13, 2010 at 3:50 am
http://no2nama.wordpress.com/2010/03/12/nama-infographics/
Some feedback here – love the site – keep it up.
March 13, 2010 at 12:07 pm
This scrutiny is all positive.
Far too much of this Long Term guff has been taken at face value.
Therefore it was believed that our banks were solvent bar a particularly illiquid class of asset that needed to be taken care of by the taxpayer for a while.
The game is up. The stuff is mega toxic and every class of property in Ireland is overbuilt.
The scrutiny will help us deal with a number of outstanding matters.
It will prove that Government cannot count.
It will prove that the Irish cannot count.
It will prove that the Dept of Finance is run by and answerable to the banks and not by Lenihan or Government or to the electorate.
It will prove that the dept of Finance is a criminal conspiracy against the tax payer
March 13, 2010 at 2:23 pm
It is more and more obvious that the EU is sovereign and that NAMA is fully under its control, legislation by Ballymagash UDC notwithstanding.
Check out the Indo of Sat 13/03/10. Worse, the funny deals will probably surface and we get to find out all the funny accounting in the banks.
Great site!