Un cartellone pubblicitario che paragona la National Asset Management Agency (Nama) al gioco per computer Grand Theft Auto sul lato di un edificio a Dublino nel novembre 2009.

As it turned out it returned about €5bn to the exchequer and worked to stabilise the market.

Spain and Germany also instituted a “bad bank” and neither ended up being profitable. In fact Spain’s lost about €10bn and wasn’t nearly as stabilising as NAMA.

Ultimately NAMA as a policy worked. Our economy recovered and we’re one of the world’s richest countries with amongst the best quality of life and HDI scores.

It’ll be amusing to see how many people are angry about that.