Oireachtas Joint and Select Committees
Wednesday, 4 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Ulster Bank
3:25 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
What it is doing is giving people an incentive to throw the keys back at the bank. Why does it not give them an incentive to stay in their homes and give them a write-down? Why would Ulster Bank not extend that logic to keep people in their homes? I do not understand. The bank is going to take the hit.
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