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Sat 09 Sep 2009Nama scheme brings benefits to banks, Government and taxpayers

The agency provides a vehicle by which some €50 billion cash may be pumped into the Irish economy, write JOHN KELLYand EUNAN KING

UNDER THE Nama (National Asset Management Agency) arrangement most of the banks will remain as companies quoted on the stock market and therefore, at least ostensibly, run by the dictates of the private sector.

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