Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

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4:20 pm

Mr. Ray MacSharry:

In general, the beneficiary of the tracker mortgage is the borrower. I think it was Deputy Pearse Doherty who said he pitied anybody on a standard variable rate. No doubt, there is a huge difference.

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