Advertisement

NAMA Chief Executive Brendan McDonagh

NAMA, the national asset management agency, was set up in the middle of one of the biggest economic crises in the history of the state.  Its job was simple but very controversial:  buy distressed assets from failed or failing property developers and nurse those assets back to some sort of value and sell them off. In the process it was supposed to save the then banks from an even worse fate.  NAMA will be wound down next year but before that it has returned €4.25 billion to Irish taxpayers and delivered 34,000 housing units.  Joe was joined on the show by the Chief Executive of NAMA Brendan McDonagh.

Share this article

06.45 5 Jan 2024


NAMA Chief Executive Brendan McDonagh



Share this article

06.45 5 Jan 2024


NAMA, the national asset management agency, was set up in the middle of one of the biggest economic crises in the history of the state.  Its job was simple but very controversial:  buy distressed assets from failed or failing property developers and nurse those assets back to some sort of value and sell them off. In the process it was supposed to save the then banks from an even worse fate. 

NAMA will be wound down next year but before that it has returned €4.25 billion to Irish taxpayers and delivered 34,000 housing units.  Joe was joined on the show by the Chief Executive of NAMA Brendan McDonagh.


Read more about

Breakfast Business

Related Episodes

The expanding role and resourc...

00:04:55

The expanding role and resources of Ireland's libraries today

Newstalk Breakfast Highlights

00:04:55


Schools’ admission policies pl...

00:07:13

Schools’ admission policies placing barriers to children with autism

Newstalk Breakfast Highlights

00:07:13


Conclave the world awaits whit...

00:05:02

Conclave the world awaits white smoke!

Newstalk Breakfast Highlights

00:05:02


215. The Science Of Lab Grown...

00:12:30

215. The Science Of Lab Grown Meat

Show Me The Science With Luke O'Neill

00:12:30