NAMA has been one of those interesting bodies in my lifetime. It came in during a significant economic crash and was seen almost a set-up of last resort. I wondered about the impact it would have. As we look back now we can see it has had a positive legacy. It has turned out positively for the Government, notwithstanding what has happened over the past few years and that is worth reflecting on. How do we take the learnings, and not just from NAMA itself? If something like this happens again, how do we ensure the knowledge we built up and the success, ultimately, of NAMA is replicated? It was one of the great benefits of the last 15 years considering the crash we had, to be able to put together a body like NAMA. The Opposition probably ultimately considered it would have been the worst thing in the world but it has worked out successfully. So much money has been repaid to the Exchequer, even though we took such a risk. How do we take the learnings from that and how does the Tánaiste see we will be able to put that in place for future generations?

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