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Wed 08 Aug 2009Adviser criticises Nama 'guess'
A special economic adviser to Minster for Finance Brian Lenihan has said a call by 46 economists for the National Asset Management (Nama) project to be reconsidered was based on a "careless use of numbers".
Economist Alan Ahearne said a claim by 46 economists that the Government will pay significantly above market value for the bad loans advanced by the banks and would end up buying loans with a true value of €30 billion was a "terrible estimate, [a] guess".
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