NAMA developers named on new site.(Bono, Edge, McCreevy, Gaybo..!)

Backard_Pell · 13-10-2010 06:24AM #1

ok guys, here is a link to a site which names each and every developer whos liabilities, projects, and loans NAMA has had to take over.... and the taxpayer foots the bill!! :pac: A few surprises in there!

http://namawinelake.wordpress.com/the-developers/

namawinelake · 13-10-2010 07:15AM

Sadly there is no public list of NAMA developers or property. NAMA says it provides the same level of confidentiality to developers as would a bank. What we do have is newspaper reporting speculating about NAMA-bound developers - the reporting is informed in my view but NAMA has never confirmed or denied the reporting, as far as I know. The spreadsheet contains property developers and owners that are NAMA-bound and also, and this is very important to note, property owners that are not NAMA-bound. Before accessing the spreadsheet I stringly advise you to read the notes. "Associations" can be any association and you will establish the association by reading the link in the comments box (normally a newspaper article).

If you don't read the notes then you might well end up feeling a little bit disappointed at what you find in the spreadsheet. And for the reputation of boards.ie, I would ask that you be very careful in what you say about individuals and companies.

ei.sdraob · 13-10-2010 08:00AM

Thats actually one very good site, the creator regularly posts on other sites like irisheconomy.ie and has some very insightful comments, fairplay to him lets hope now the powers to be dont try to close his site down...
save the regularly updated spreadsheet locally

anyways remember this

post...

ei.sdraob wrote: »

After reading few posts a disturbing thought crossed my mind

what is there to stop "anyone" from posting to a site like wikileaks with alleged NAMA documents revealing locations and names just plucked out of air or deliberately targeting competitors and then contacting the media and pointing the fake "leak" out

since NAMA is secret and cant confirm/deny anything, the media could have a frenzy on people who could be entirely innocent in the process damaging reputations.

just thinking out loud now, if anyone wants to get at few top developers ...

Justin Collery · 13-10-2010 09:12AM

Who has anything to loose from knowing which properties are in NAMA land?

For anybody under the age of 40, NAMA is a zero sum game. If NAMA works, and artificially props up land prices we all get screwed through higher house prices. If NAMA doesn't work we all get screwed through higher taxes.

Why not just be open about it. Publish a list of properties every 3 months with a scheduled auction date. Continue this process for 10 years and we're all done.

hotel worker · 13-10-2010 08:34PM

So, What about the new app for mobile phones. I believe you can point the phone at any building and it will know if the property is Namaed.

namawinelake wrote: »

Sadly there is no public list of NAMA developers or property. NAMA says it provides the same level of confidentiality to developers as would a bank. What we do have is newspaper reporting speculating about NAMA-bound developers - the reporting is informed in my view but NAMA has never confirmed or denied the reporting, as far as I know. The spreadsheet contains property developers and owners that are NAMA-bound and also, and this is very important to note, property owners that are not NAMA-bound. Before accessing the spreadsheet I stringly advise you to read the notes. "Associations" can be any association and you will establish the association by reading the link in the comments box (normally a newspaper article).

If you don't read the notes then you might well end up feeling a little bit disappointed at what you find in the spreadsheet. And for the reputation of boards.ie, I would ask that you be very careful in what you say about individuals and companies.[/QUOTE

Scarab80 · 13-10-2010 08:44PM

hotel worker wrote: »

So, What about the new app for mobile phones. I believe you can point the phone at any building and it will know if the property is Namaed.

It's based on the list produced by NAMAwinelake.

http://namawinelake.wordpress.com/2010/10/12/namaland-the-application/

Nijmegen · 13-10-2010 08:49PM

There's a rumour doing the rounds - unconfirmed because they're so secretive - that a member of the board of NAMA has an interest in loans NAMA has taken on.

To be honest, it sounds like par for the course.

Also, look at how many TD's are named. I don't recall anyone declaring their interests in this when voting on the matter.

Any TD with ties to business that could have got mixed up with NAMA should have declared and abstained.

Sponge Bob · 13-10-2010 09:42PM

The list is in a Google Spreadsheet linked below

https://spreadsheets.google.com/ccc?key=0AlV6jFjykyK6dHdKR0kwY2FkcEtQT19NQ2p6NkwwRkE&hl=en#gid=0

Their 'assets' are strewn all over this website, http://www.ghostestates.com/

Shane732 · 13-10-2010 10:07PM

There are a number of smaller entities that are NAMA bound that are not mentioned on the list. Having said that fair play to the author a good few of the developers are covered in it.

One name I came across was Mohammed Al Fayed. Is Mohammed Al Fayed actually NAMA bound? I thought that the whole situation with Irish Nationwide had been sorted out and that the debt had been satisfied and transferred to a foreign bank?

Jesus Wept · 13-10-2010 10:16PM

Jim Corr. It all makes sense now.

donkey balls · 13-10-2010 10:58PM

i only counted three FF heads (that is if you include Ivor )in the list did not notice any FG/Labour people either that or i need to go to spec savers:eek:

Dob74 · 13-10-2010 11:09PM

jcollery wrote: »

Who has anything to loose from knowing which properties are in NAMA land?

For anybody under the age of 40, NAMA is a zero sum game. If NAMA works, and artificially props up land prices we all get screwed through higher house prices. If NAMA doesn't work we all get screwed through higher taxes.

Why not just be open about it. Publish a list of properties every 3 months with a scheduled auction date. Continue this process for 10 years and we're all done.

+1

That way wont work. It would be a fair way of doing it and it would get the property market moving again.
Better off the way things where working out before, let the young people on the bottom of the pyrimad pay for those on top.

NAMA developers named on new site.(Bono, Edge, McCreevy, Gaybo..!)

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