Results 2,041-2,060 of 4,414 for speaker:Sean Barrett

Seanad: Health Services: Statements (4 Nov 2014)

Sean Barrett: There are many ways to become healthier. Let us not stick with this current model, because it is not working and is too expensive.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Thank you, Chairman.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: I again welcome our visitors. Let us look at the document which states: There were problems of credit quality, sustainable lending practices and adequacy of internal procedures ... Auditors, therefore, did not feel that commenting on the implications of such business model problems fell within their proper remit.Do we have better auditing of Irish banks than when Mr. Nyberg wrote this...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Did the bank keep the same auditor or get a new one?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Has the level of property lending, as a percentage of total lending, decreased since the crisis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: That is essential. Mr. Boucher has mentioned that there is a need to ensure it will never happen again and that Irish banking must lose its fixation with property.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Senator Thomas Byrne mentioned the 20% deposit to loan value proposal by the Central Bank. Does Mr. Boucher have a response to it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: It is important. Mr. Nyberg reckoned that if we had had a 20% figure, Irish banks would have been €62 billion better off. The bailout amounted to €64 billion. The bulk of the problem stems from the deposit to loan ratio.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Is it not important that banks participate in this debate, as Mr. Boucher said, to ensure this will never happen again? Mr. Nyberg has provided an exact replica. He has said €62 billion of the €64 billion would not have arisen if we had a 20% deposit ratio.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Director compliance statements were considered to be necessary in 2006, but I think they were opposed by the Department of Finance. Did the Bank of Ireland oppose requiring such statements?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: As Mr. Boucher said, we need far better management in the Central Bank and the Department of Finance but also in banks. The position would be much better if there had been no opposition to director compliance statements in 2006. Does the bank have a higher standard for directors now than duing the crisis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Sean Barrett: Has Bank of Ireland shifted the deposit base because that was the other ingredient? Banks were borrowing far too much in the wholesale market and not enough in------

Joint Oireachtas Committee on Transport and Communications: National Postcode System: Freight Transport Association Ireland (5 Nov 2014)

Sean Barrett: I welcome our visitors and thank them for the publication, which is most useful. I have a couple of perspectives. The university constituencies operate on both sides of the Border and I find it is far easier for me to send a message to a constituent in Clones than it is in Newtownbutler. It is only eight or nine miles away but one must remember all the details. There is, therefore, a cost...

Seanad: Order of Business (6 Nov 2014)

Sean Barrett: Senator Bacik mentioned we might debate Irish Water again and I agree with what she said about the Minister, Deputy Kelly. If the approach he took had been the one adopted when this debate commenced, we would not be in the situation we are in now. When he introduced the Taxi Regulation Bill, he accepted many amendments and also tabled many amendments. Amendments to the water services...

Seanad: Health (Miscellaneous Provisions) Bill 2014: Second Stage (6 Nov 2014)

Sean Barrett: I welcome the Minister of State. We had the Minister for Health, Deputy Varadkar, in the House earlier in the week and he had many interesting thoughts, including his views on the ambulance service and how it might be adapted to treating people in their homes or in the ambulance, rather than being - without wishing to be derogatory - a taxi service to an already overcrowded accident and...

Seanad: Order of Business (11 Nov 2014)

Sean Barrett: I join with Senator Bacik in paying tribute to Brian Farrell. He brought the broadcasting of political events in this country to new heights. He will be missed but will live on through some splendid books. I welcome the proposals from the governor of the Bank of England and the chairman of the UK Financial Stability Board for a common international standard for the loss-absorbing capacity...

Seanad: Order of Business (12 Nov 2014)

Sean Barrett: I refer to No. 2 on the Order of Business. The purpose of this legislation may be commendable and should be debated. It proposes to confer university status on the Royal College of Surgeons.

Seanad: Order of Business (12 Nov 2014)

Sean Barrett: I beg your pardon. I am speaking about the Education (Miscellaneous Provisions) Bill 2014.

Seanad: Order of Business (12 Nov 2014)

Sean Barrett: It pays to read the up-to-date version. This Bill refers to the Royal College of Surgeons and its being awarded university status outside of but not inside Ireland. However, the name of the Royal College of Surgeons is not mentioned anywhere in the Bill, and it was not mentioned in our previous debate. I realise that when we move to that business, those who are not particularly interested...

Seanad: Order of Business (12 Nov 2014)

Sean Barrett: I wish to draw this issue to the wider attention of Members who may not remain in the House for the debate. I believe it is wrong for the Bill to do this.