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Thu 04 Apr 2009Nama is a blank cheque which could work well or end in disaster
ANALYSIS:If there is even the slightest hint of cronyism or political interference in Nama, it could end up a disaster, writes MICHAEL CASEY.
IT IS well known that uncertainty undermines decisions to spend and invest, and is generally inimical to economic activity. Despite the recent supplementary budget and the decision to set up a National Asset Management Agency (Nama), there remains a good deal of uncertainty – as well as pain.
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