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Thu 09 Sep 2009No realistic alternative to Nama, says Taoiseach

There is no realistic alternative to the Government’s National Asset Management Agency (Nama), Taoiseach Brian Cowen said during a resumed debate today on the proposed legislation in the Dáil.

Shares in AIB and Bank of Ireland made strong gains today, with both finishing up at close of trading. Bank of Ireland finished 18 per cent higher at €3.38, while AIB at €3.37 a gain of 28 per cent.

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