Results 3,701-3,720 of 19,173 for speaker:Shane Ross

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: What materials are relevant? What was kept and what has not been kept?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: However, it is Mr. Duffy's responsibility. The Minister's letter was quite specific and referred to all relevant documents. What I am seeking to establish is what are the relevant documents.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: What about conversations between key people at the time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: That is right. It is very broad. I want to know specifically what Mr. Duffy has kept. Has he kept the tapes of the conversations between key people at the time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Mr. Duffy is happy that has been done. How does he decide what is relevant and what is not?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: The tapes were kept for all the trading teams but what about the people who were not trading, such as the equivalents in the Anglo tapes? Were they kept as well? I refer to people in key executive roles.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Should we know?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Were any recordings not kept?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Every recording has been kept so nothing has been destroyed or discarded or shredded.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Okay, it is very reassuring if Mr. Duffy can give me that assurance. There must be some doubt that some documents were not kept but if they were and if Mr. Duffy can assure us that they were - even though he was not there at the time - because he has taken the measures to ensure that is okay, that is fine.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Was that done before the Minister wrote to Mr. Duffy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: Could Mr. Duffy explain something to me about mortgage arrears? He said that 20% of those in arrears were what he calls strategic defaulters. He went on to say that his definition of strategic defaulters – he can correct me if I am wrong – is people who do not prioritise their mortgages. Is that right?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: That is what I want to ask Mr. Duffy about. If a person is in excessive arrears then Mr. Duffy considers he or she to be a strategic defaulter, but if a person is below the arrears, does he consider him or her as a strategic defaulter?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: I presume Mr. Duffy understands that there are a lot of circumstances where people have made a conscious decision not to pay their mortgage arrears because, as several speakers have said, they cannot pay them. They have money for other things. They have to pay their property taxes and next year they will have to pay water tax. They have to pay for their own medical expenses. They say,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: A mortgage is a different type of debt.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: It is a different type of spending. It is a different type of discretionary expenditure. Where people are paying medical fees or for other necessities such as putting food on the table or petrol in the car, these are essentials. The debt they have got, their mortgage, is a two-way business. It is the borrower's fault as well as the lender's fault. Is there not a very good case,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: That is not the point I was making. The point I was making-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Shane Ross: The point I was making specifically is that the bank's guys lent recklessly to the guys it is now persecuting for the money. That is where Mr. Duffy should take the responsibility and not talk about prioritising the bank's particular debt above others. He should take some of the responsibility for it and accept the fact that the bank should be bottom of the queue and not top of the queue...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Shane Ross: I will be very quick.

Mortgage Arrears: Motion [Private Members] (18 Sep 2013)

Shane Ross: There is a gloomy sense of déjà vu about this motion because there is so little sign of a solution to the problem which has been haunting us for many years. Not only the previous Government but also this Government have been extraordinarily dilatory in attacking it when it was recognised a long time ago by virtually everybody. This is because those dictating the pace have...