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
4:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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It does not add up but I have made my point. I seek clarification on the issue of the mortgage holders being allowed to buy back their own mortgages in or around the same sort of discount the vulture capitalists will get when they purchase the mortgage books. Mr. Wallace has said it would have been too costly, taken too much time and so on to do it that way. Is that correct?