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#BaNAMA Republic

# banama-republic - Friday 11 May, 2012

Nearly 700 NAMA units being provided suitable for social housing - minister
# NAMAland
# NAMAland

Nearly 700 NAMA units being provided suitable for social housing - minister

May 11th 2012, 4:27 PM 4,599 Views 22 Comments

Jan O’Sullivan says over 2,000 properties have been appraised for their suitability – and only half are fit for use as social housing.

# banama-republic - Thursday 15 December, 2011

NAMA to hire private detectives to hunt down hidden riches
# BaNAMA Republic
# BaNAMA Republic

NAMA to hire private detectives to hunt down hidden riches

Dec 15th 2011, 10:46 AM 2,607 Views 37 Comments

The agency has advertised looking for staff to help “verify the accuracy” of financial statements submitted by its debtors.

# banama-republic - Wednesday 16 November, 2011

NAMA turns €118m profit in second quarter of 2011
# NAMA
# NAMA

NAMA turns €118m profit in second quarter of 2011

Nov 16th 2011, 4:04 PM 2,377 Views 19 Comments

The State’s ‘bad bank’ increases profits, making €118m in three months, generating over €800m in cash in the three months.

# banama-republic - Wednesday 26 October, 2011

NAMA is paying €200,000 salaries to two indebted developers
# BaNAMA Republic
# BaNAMA Republic

NAMA is paying €200,000 salaries to two indebted developers

Oct 26th 2011, 6:24 PM 1,466 Views 46 Comments

Two of the ‘major’ developers who owe millions to the bad bank are being paid €200k salaries – and all can be paid commission.

# banama-republic - Monday 3 October, 2011

NAMA confirms pursuit of major developers' pensions
# BaNAMA Republic
# BaNAMA Republic

NAMA confirms pursuit of major developers' pensions

Oct 3rd 2011, 1:36 PM 685 Views 6 Comments

The State’s ‘bad bank’ says it wants to get its hands on the pension pots of indebted developers – some of them worth millions.

# banama-republic - Friday 9 September, 2011

NAMA chairman defends paying six-figure salaries to developers
# BaNAMA Republic
# BaNAMA Republic

NAMA chairman defends paying six-figure salaries to developers

Sep 9th 2011, 12:14 PM 741 Views 18 Comments

Frank Daly tells an Oireachtas committee that hiring a developer on a big salary is often cheaper than appointing a receiver.

# banama-republic - Thursday 28 July, 2011

NAMA posts €305m operating profit for 2010 - but loses €1.18bn overall
# NAMA
# NAMA

NAMA posts €305m operating profit for 2010 - but loses €1.18bn overall

Jul 28th 2011, 11:39 AM 300 Views 4 Comments

The bad bank’s annual report gives some insight into how the country’s indebted developers are performing.

# banama-republic - Saturday 16 July, 2011

NAMA to invest €3m in 'urgent' ghost estate work
# Ghost Estates
# Ghost Estates

NAMA to invest €3m in 'urgent' ghost estate work

Jul 16th 2011, 1:01 PM 848 Views 5 Comments

The national bad bank says it’s funding ‘urgent construction’ in ghost estates linked to the loans it holds.

# banama-republic - Tuesday 14 June, 2011

NAMA chairman denies builders can buy back their properties cheaply
# BaNAMA Republic
# BaNAMA Republic

NAMA chairman denies builders can buy back their properties cheaply

Jun 14th 2011, 5:30 PM 1,487 Views 33 Comments

It had been claimed that developers whose properties were taken over by NAMA were looking to buy them back at huge discounts.

# banama-republic - Thursday 9 June, 2011

We'll find out ‘within weeks’ exactly what property NAMA controls
# BaNAMA Republic
# BaNAMA Republic

We'll find out ‘within weeks’ exactly what property NAMA controls

Jun 9th 2011, 4:29 PM 946 Views 0 Comments

Finance minister Michael Noonan says the NAMA website will list the properties under the control of debtors’ receivers.

# banama-republic - Wednesday 20 April, 2011

Jim Mansfield's executive airport, apartments and golf club swallowed by NAMA
# NAMA
# NAMA

Jim Mansfield's executive airport, apartments and golf club swallowed by NAMA

Apr 20th 2011, 6:27 PM 2,212 Views 3 Comments

Agency appoints statutory receiver after former billionaire fails to agree how to pay down his debts.

# banama-republic - Tuesday 12 April, 2011

Supreme Court rejects McKillen claims of NAMA unconstitutionality
Live Apr 12th 2011, 12:28 PM

Supreme Court rejects McKillen claims of NAMA unconstitutionality

# banama-republic - Wednesday 23 March, 2011

NAMA chief: We're not to blame for cheap hotel rooms
# Hotels
# Hotels

NAMA chief: We're not to blame for cheap hotel rooms

Mar 23rd 2011, 10:31 AM 1,442 Views 0 Comments

NAMA’s chairman Frank Daly dismisses criticisms that NAMA’s hotel ownership was forcing down the market prices.

# banama-republic - Thursday 23 December, 2010

# banama-republic - Tuesday 21 December, 2010

Poll: Do you trust NAMA to force developers to pay their debts?
# Your Say
# Your Say

Poll: Do you trust NAMA to force developers to pay their debts?

Dec 21st 2010, 10:14 AM 783 Views 0 Comments

Last night’s Prime Time Investigates showed how developers who owe billions to NAMA are continuing to enjoy extravagant lifestyles involving helicopters, luxury cars – and expensive shopping trips. Do you trust the agency to protect the interests of taxpayers?

# banama-republic - Monday 20 December, 2010

# banama-republic - Thursday 9 December, 2010

Emigration draining GAA clubs of players
# Unemployment
From The42
# Unemployment

Emigration draining GAA clubs of players

Dec 9th 2010, 1:14 PM 1,108 Views 0 Comments

Gaelic games are thriving abroad as young men and women depart Ireland in search of work.

# banama-republic - Wednesday 1 December, 2010

Ireland and Manchester United: painful recent pasts and fuzzy futures
# Comment
From The42
# Comment

Ireland and Manchester United: painful recent pasts and fuzzy futures

Dec 1st 2010, 1:18 PM 261 Views 0 Comments

American blogger Elliott says there are real parallels between Ireland’s economic ‘situation’ and goings-on at Old Trafford. And it has nothing to do with the whole Wayne Rooney-Ivor Callely thing.

# banama-republic - Friday 12 November, 2010

NAMA's overall loan purchases will come at 58% 'haircut'
# Haircuts For All
# Haircuts For All

NAMA's overall loan purchases will come at 58% 'haircut'

Nov 12th 2010, 3:44 PM 494 Views 0 Comments

The state’s bad bank will pay little over two-fifths of the book value to buy the totality of Ireland’s impaired loans.

# banama-republic - Monday 8 November, 2010

# banama-republic - Friday 5 November, 2010

McKillen's NAMA appeal decision due on Monday
# BaNAMA Republic
# BaNAMA Republic

McKillen's NAMA appeal decision due on Monday

Nov 5th 2010, 2:36 PM 271 Views 0 Comments

The Commercial Court will decide on Monday whether there are grounds for Paddy McKillen to appeal his NAMA challenge.

# banama-republic - Tuesday 2 November, 2010

NAMA reports €6m profit between April and June
# BaNAMA Republic
# BaNAMA Republic

NAMA reports €6m profit between April and June

Nov 2nd 2010, 4:43 PM 139 Views 0 Comments

Brian Lenihan says NAMA is ‘functioning well’ as it reports a modest profit for the second quarter.

# banama-republic - Thursday 28 October, 2010

Alan Dukes: Ireland needs a second bad bank
# NAMA 2
# NAMA 2

Alan Dukes: Ireland needs a second bad bank

Oct 28th 2010, 6:54 PM 281 Views 0 Comments

The Anglo chairman and former FG leader tells a conference Ireland needs a second NAMA.

# banama-republic - Tuesday 26 October, 2010

NAMA denies capping developers salaries at €200k
# BaNAMA Republic
# BaNAMA Republic

NAMA denies capping developers salaries at €200k

Oct 26th 2010, 9:34 AM 265 Views 0 Comments

Indebted developers could be earning even more – but have to shoulder big budget cuts.

# banama-republic - Sunday 24 October, 2010

Developers score €200,000 salaries from NAMA
# BaNAMA Republic
# BaNAMA Republic

Developers score €200,000 salaries from NAMA

Oct 24th 2010, 11:15 AM 1,926 Views 4 Comments

NAMA agrees deals with the country’s most indebted developers to fund their new businesses – and pay enviable salaries.

# banama-republic - Wednesday 13 October, 2010

Housing agency calls for 'NAMA for the people'
# BaNAMA Republic
# BaNAMA Republic

Housing agency calls for 'NAMA for the people'

Oct 13th 2010, 11:32 AM 195 Views 0 Comments

Threshold urges government to take stake in bad mortgages while allowing tenants to retain a stake and stay in their home.

# banama-republic - Tuesday 12 October, 2010

Defiant Lenihan insists Ireland can avoid bailout
# BaNAMA Republic
# BaNAMA Republic

Defiant Lenihan insists Ireland can avoid bailout

Oct 12th 2010, 8:25 AM 322 Views 0 Comments

Ireland can “absolutely” dodge the need to go cap-in-hand to Europe – but pensions and welfare could be hit.

# banama-republic - Friday 8 October, 2010

New smartphone utility shows properties owned by NAMA
# BaNAMA Republic
# BaNAMA Republic

New smartphone utility shows properties owned by NAMA

Oct 8th 2010, 5:55 PM 976 Views 0 Comments

‘NAMAland’ uses your iPhone or Android’s camera and GPS to show you if nearby property is publicly owned.

# banama-republic - Wednesday 6 October, 2010

Anglo CEO: McKillen could help economic recovery
# Courts
# Courts

Anglo CEO: McKillen could help economic recovery

Oct 6th 2010, 6:22 PM 294 Views 0 Comments

The Commercial Court hears that Mike Aynsley objects to the transfer of Paddy McKillen’s loans to NAMA.

# banama-republic - Monday 4 October, 2010

Government insists Quinn must repay €2.8bn Anglo debt
# BaNAMA Republic
# BaNAMA Republic

Government insists Quinn must repay €2.8bn Anglo debt

Oct 4th 2010, 1:19 PM 404 Views 0 Comments

The troubled businessman owes the nationalised bank €2.8bn – and the government demands a taxpayer return.

# banama-republic - Thursday 30 September, 2010

NAMA backtracks on Bank of Ireland loan takeovers
# Bank Of Ireland
# Bank Of Ireland

NAMA backtracks on Bank of Ireland loan takeovers

Sep 30th 2010, 11:19 AM 532 Views 0 Comments

After consulting with NAMA and Brussels, the government decides only to take loans valued over €20m – up from €5m.

# banama-republic - Wednesday 29 September, 2010

NAMA to take on €2.4bn of undeveloped NI land
# BaNAMA Republic
# BaNAMA Republic

NAMA to take on €2.4bn of undeveloped NI land

Sep 29th 2010, 6:03 PM 120 Views 0 Comments

The state’s bad bank warns of “financial pain” for developers whose land will have to be sold off as mere farmland.

Ned O'Keeffe calls for cabinet reshuffle
# BaNAMA Republic
# BaNAMA Republic

Ned O'Keeffe calls for cabinet reshuffle

Sep 29th 2010, 4:58 PM 65 Views 0 Comments

# banama-republic - Friday 10 September, 2010

NAMA says it will move quickly against unpaid loans
# BaNAMA Republic
# BaNAMA Republic

NAMA says it will move quickly against unpaid loans

Sep 10th 2010, 12:34 PM 474 Views 0 Comments

But insists its business plan is on track.

# banama-republic - Wednesday 8 September, 2010

Anglo’s split: what the internet thought
# Anglo Irish Bank
# Anglo Irish Bank

Anglo’s split: what the internet thought

Sep 8th 2010, 8:39 PM 1,076 Views 0 Comments

Social media users react to the government’s latest proposal for Anglo.

In full: Brian Lenihan’s statement on future of Anglo Irish Bank
# Anglo Irish Bank
# Anglo Irish Bank

In full: Brian Lenihan’s statement on future of Anglo Irish Bank

Sep 8th 2010, 3:30 PM 1,051 Views 0 Comments

Brian Lenihan’s full public statement on the future of the nationalised Irish bank.

Man (literally) dances on Haughey’s grave to protest FF corruption
# BaNAMA Republic
# BaNAMA Republic

Man (literally) dances on Haughey’s grave to protest FF corruption

Sep 8th 2010, 1:58 PM 2,615 Views 0 Comments

Vincent Keaney’s YouTube video causes a storm after he films himself liberally dancing on the grave of the former Taoiseach.

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