tag:blogger.com,1999:blog-22490286.post6399441414990703883..comments2009-10-07T23:43:44.890+01:00Comments on booming back: Greens and NAMA, part IIUnkie Davehttp://www.blogger.com/profile/11814294366274836021noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-22490286.post-29198674644337058252009-10-07T21:57:21.982+01:002009-10-07T21:57:21.982+01:00"There is no justifiable reason to pay above marke...<i>"There is no justifiable reason to pay above market rates for toxic assets when using public money to do so."</i><br /><br />I don't think you can go so far as to say there is no possible justification. For example if not paying above market value in the form of bonds required you to pay out a lot more in the form of cash for either recapitalisation or deposit guarantees. Even if you don't agree with such a proposition, I think it's at least an arguable point.ryanohttp://www.blogger.com/profile/12155915437917113189noreply@blogger.com