IRELAND: Government sets up bad bank

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In this article

  • Real estate oversupply
  • NAMA's powers
  • Toxic assets
  • Market intervention
  • Valuation dilemma
  • Reasonable price
  • 33% write-down
  • Objections
  • Government and opposition
  • Taxpayers' risk
  • Heavy burden
  • Outside significance
  • Threat to Europe
  • United States
  • Germany
  • Euro-area
  • Foreign investment

What is this?

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