Has Queen Elizabeth II been NAMAed?
By namawinelake
Probably not, but a development on her property apparently is subject to a NAMA loan It seems that Ascot Racecourse in England had obtained a GBP 200m (€230m) loan from Allied Irish Banks (AIB) to develop a grandstand at the world-famous horse-racing venue. The grandstand is a major building development which incorporates shops and restaurants and its development in 2004-2006 is outlined here. Britain’s Independent todayreports that the loan was “among all the dreadful dross that has been dumped on to NAMA” but also claims that it is being paid off early – a winner for NAMA.
full article at source: http://namawinelake.wordpress.com/2011/09/27/has-queen-elizabeth-ii-been-namaed/
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