in your post you state the following-
"I would assume that any corporation can request, from NAMA, the ability to buy assets which are for sale, right? I would hope NAMA would support FGBF if FGBF said they had $5 BILLION to spend on real estate"
yes, any corporation can request to purchase assets from nama. However, what gives me confidence in this deal is that Nama have chosen to respond to 1st global’s approach and have agreed to sell assets to the corporation. Being well acquainted with the operations of Nama, I know that it would not risk the reputation of the agency by dealing with corporations which are incapable of funding acquisitions. This is specifically so in this instance, as 1st global seem to be the first entity which has successfully negotiated with Nama, and as such would have been subject to rigorous scrutiny.
Secondly, I have done my dd on the people involved in Ireland, and these are the people who have negotiated the options with Nama and with other entities. I would have no fears that these people would have identified the best opportunities.
You have serious issues with the principals involved from the American side. Perhaps your fears are well grounded, or perhaps are just of a personal nature. You seem to be repeating the same point over and over, and you along with others are probably succeeding in keeping the share price down for the moment. Take a bow. Other than owning shares, I have no interest in the corporation, indeed I had concerns about a legal challenge to Nama which has now diminished, but for me this will be a winner
