Dáil debates

Tuesday, 22 May 2012

4:00 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)

During his meeting with the banks on 21 February, did the Taoiseach raise the issue of mortgage distress and how did they respond? Did he discuss the personal insolvency Bill and did they express a view on it - supportive or otherwise? Was the proposal to move loss-making tracker mortgages from Permanent TSB and other banks into the IBRC, formerly Anglo Irish Bank, discussed by the banks and the Economic Management Council? Were the 2,500 redundancies at Allied Irish Banks discussed with the banks? I understand the IBOA is involved in talks with AIB management today, but I would like to know whether the matter was discussed. What did the Taoiseach have to say and what did representatives of the banks have to say? Was he in any way shocked by or condemnatory of anything members of the banking fraternity may have said to him in the course of his meetings?

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