Oireachtas Joint and Select Committees

Wednesday, 4 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Bank of Ireland

12:45 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I am running out of time and I am in the position of being Acting Chairman also. Does Mr. Boucher think it is appropriate that people of my generation are left here, first, paying an increased mortgage for themselves, second, picking up the developers' haircut write-down of 55% and then picking up the debts of those who are defaulting strategically on loans, and yet shareholders have seen an increase in the value of their Bank of Ireland shares of 150%?

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