Surprised by Nama

Madam, – Nama’s chairman and chief executive are quoted as being “extremely disappointed and disturbed”, “taken aback” and “…

Madam, – Nama’s chairman and chief executive are quoted as being “extremely disappointed and disturbed”, “taken aback” and “extraordinarily” surprised (Business Agenda, July 9th) following their analysis of the quality and performance of the loans they bought from the banking sector last October.

Having wondered why this analysis wasn’t performed prior to paying €15.3 billion for the loans, I know how they feel. – Yours, etc,

Dr MARK PERRY,

Seafield Road,

Clontarf,

Dublin 3.