Ahmed Fahour on Friday finally left National Australia Bank and a loosely defined job on its board of directors. The bank's management had shifted Fahour out of his job as Australian regional chief executive two months ago.As was rumoured, Fahour will run the proposed Australian Business Investment Partnership, a scheme so far ill-defined by the government and its bank proponents, though now about to be managed by its most effective bank proponent; that is, Fahour.In announcing ABIP a month ago the government said it should be operational by March, so Treasury may have to get cracking, including reaching a firm view over what the point of the fund will be.The Australian on Saturday reported that Fahour said in an interview: "It will not lend to companies with bad assets, it won't refinance any loans from the big four banks, and it will only extend a loan when the big four agree. "And it's not going to stop real estate prices falling. Its job is to ensure viable firms don't have to do fire sales of good assets."The Treasury's view, or perhaps it is the Treasurer's office's version of this (taken from their media release on Fahour's appointment) is that "ABIP is the government's partnership with the financial sector to provide liquidity support for viable commercial property assets in Australia. "ABIP will support the assets of viable Australian businesses which, without financing, would be forced to retrench thousands of employees."