Nama’s Kind Of Town

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Property developer Garrett Kelleher (right) at the launch of the Chicago Spire development unveiled by Liam Neeson and his wife Natasha Richardson in Dublin on January 23, 2008.

Last month in Chicago, a judge dismissed a lawsuit that Mr Kelleher filed against the National Asset Management Agency (Nama), which took over debt on the aborted 150-storey skyscraper in 2010, seeking $1.2 billion. Mr Kelleher intends to appeal.

Via economist Constantin Gurdiev:

Rollingnews

2 thoughts on “Nama’s Kind Of Town

  1. Owen C

    Gurdgiev originally estimated NAMA would lose between €15-20bn. It’ll actually make €4-5bn. Fantastic insight from him.

    Reply

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