Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
3:40 pm
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
The way liquidation works in this State, and often the way liquidators act, often constitutes the most ugly face of capitalism. I understand the liquidators are operating for a political boss or master in the form of the Minister for Finance but I am not surprised they are therefore throwing vulnerable home owners to the wolves. That is often done with workers, for example, when companies are liquidated as workers are often the last to be looked after. Who are the current bidders in the process for the approximately 13,000 mortgages?
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