Oireachtas Joint and Select Committees
Tuesday, 21 February 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Discussion (Resumed)
4:00 pm
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
The vulture funds concern all of us - at least, those of us in this committee. Regarding those who have their loans or debts transferred from a bank without notice to one of these vulture funds, is there room for a benevolent fund or friendly vulture fund that would begin to relieve the banks of their debts and give the opportunity to customers to work out their debts on the basis of this same discount as a vulture fund?
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