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Seanad: Killarney Jarveys (3 Nov 2009)

Paul Coghlan: I welcome the Minister of State and look forward to the good news, if that is what he has for me. This matter has gone on too long and it is time to lance the boil once and for all. Everyone realises it is only through dialogue that one makes headway. I tabled this Adjournment matter seeking an immediate, binding and independent mediation process for that reason. It is the only manner in...

Seanad: Killarney Jarveys (3 Nov 2009)

Paul Coghlan: I am not in a position to argue with the Minister of State on the facts. The Minister of State is correct in commenting that the park is beautiful and that we all want to keep it correctly but I see the courts as a last resort. I refer to the Muckross jarveys, not the town jarveys who initiated the judicial review process to which the Minister of State refers. They believe, rightly or...

Seanad: Killarney Jarveys (3 Nov 2009)

Paul Coghlan: Can the Minister give me a name of someone who will enter into genuine dialogue with the jarveys? I emphasise that I want to get the blockade lifted from the gates of the national park. That is the only issue I am dealing with. I appreciate what the Minister of State said and I am aware of the court action, which was initiated by the town jarveys. The Muckross jarveys have nothing to do...

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: Some women are very good.

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: The Cathaoirleach is correct.

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: I thought I did that yesterday. I thank the Cathaoirleach and it was very much appreciated. Like other Senators here this morning, I too am heartened by the voice of experience, namely, Senator O'Toole. He is talking with great experience. There is nothing which cannot be achieved through dialogue. If one gets people into one room, around one table and, if necessary, keep them there for a...

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: We will come to that anon. This morning two good voices were on the radio, namely, Deputies Richard Bruton and Billy Kelleher. There was a large measure of agreement. Senator O'Toole is correct. Everybody now knows we have to save €4 billion. Senator MacSharry mentioned it. I thought we already agreed that this House would play a useful part, even if it was a small part, and make a...

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: He was always a good man to recover from the rough.

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: Had we not agreed that already?

Seanad: Order of Business (4 Nov 2009)

Paul Coghlan: Immediately.

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Paul Coghlan: I remind Senators those people are not here to defend themselves.

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Paul Coghlan: I welcome my fellow county man, the Minister of State, Deputy Pat Carey. I am delighted to have an opportunity to say a few words on this most important subject. There is no doubt that banks and bankers bear a heavy responsibility, as they are primarily responsible for the State's financial woes. They fuelled the greed but worse than this many at the highest level participated in it....

Seanad: Order of Business (10 Nov 2009)

Paul Coghlan: What does the Leader now understand to be Government policy on appointments to boards and the senior management of the banks? Apart from the legal position, the Minister for Finance has enormous moral authority since both Houses of the Oireachtas approved the bank guarantee scheme, not to mention the partial recapitalisation of the major banks. Reference was made by Senator Ross yesterday to...

Seanad: Order of Business (11 Nov 2009)

Paul Coghlan: I wish to raise two matters. Senator Fitzgerald touched on the matter of improving liquidity. We all want to improve the flow of credit. As I stated yesterday at the committee to which she referred, and perhaps here too when we debated NAMA,-----

Seanad: Order of Business (11 Nov 2009)

Paul Coghlan: We all are vitally interested in the question Senator Fitzgerald raised. It will not happen until NAMA is in being. At this stage, the sooner NAMA is in being and up and running, the better for the sake of our economy. We want it to work properly and well.

Seanad: Order of Business (11 Nov 2009)

Paul Coghlan: Despite what doubts we may have had, we all must act in the national interest when NAMA is in place. We should not go hard on the Irish Banking Federation. We must remember it is merely a trade body, not the regulator. We must get matters right in this regard. The guidelines the Minister is introducing separate to the Bill will, in effect, be merely window-dressing because the banks will...

Seanad: Order of Business (11 Nov 2009)

Paul Coghlan: And varying levels of competence.

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (11 Nov 2009)

Paul Coghlan: On the qualifying eligible assets, there are some serious situations arising here and without naming it, I wish to come to one specific matter of which the Minister has been made personally aware. In the case of a company in the renewable energy field, probably employing in the region of 500 persons and which had, say, €100 million in security and maybe €50 million in loans, because of...

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (11 Nov 2009)

Paul Coghlan: They do.

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (11 Nov 2009)

Paul Coghlan: Clear as mud.

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