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Emmet Oliver: We'll wait years to see if NAMA was right choice

ACCUSTOMED as we are to instant reactions these days, many commentators get deeply frustrated when it comes to NAMA, the €72bn loan agency set up in 2009 by the last Government.

The modern media demands a type of black-and-white morality, where every government initiative is either greeted with unreserved delight or with outright hostility. Something is either a good idea or a bad idea, no ambiguity can be tolerated.

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