Results 3,801-3,820 of 4,717 for speaker:Martin Mansergh
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: As Deputies will be aware, the House decided this morning that this would be a 50-minute debate. No amendments are contemplated. This was well signalled in advance and primary legislation was debated in June.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: The details were published on-line on 16 September.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: As Deputies will be aware, the Minister for Finance signalled in the supplementary budget last April the Government's intention to revisit and make technical adjustments to the bank guarantee in ways which would continue to underpin financial stability and also support banks in Ireland in accessing longer-term finance. In June this year, the House approved the Financial Measures...
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: I am something of an expert on French history and far from the Minister having learned nothing or forgotten nothing, he has had to do things which none of his predecessors has had to do. He has had to be enormously innovative. Respect for him has grown steadily during the period since he was appointed.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: I am disappointed with the very derogatory manner in which he has been spoken of, particularly by Deputy Burton.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: Deputies asked when the scheme will commence. It will be as soon as possible, most likely tomorrow. Given that the House will make a decision on this matter in about ten minutes, it is important to outline the consequences of not passing this order. They are that the banks would not be able to access longer term debt, which is vital to providing a balanced-----
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: I listened to the Deputy in total silence.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: I am answering questions.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: What about giving me a chance to do so?
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: I hope the Deputies opposite are interested in the answers.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: What are the consequences of not passing this order?
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: The banks will not be able to access-----
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: Your play-acting is contemptible. The banks will not be able to access longer-term debt, which is vital for providing a balanced funding profile for the banks.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: It would create uncertainty in the markets-----
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: On a point of order, is it possible for a Minister to reply to a debate without being constantly interrupted? I listened to ferocious attacks on the Government and I did not breathe a word. I ask for the same respect in return. If the Deputy does not like what is being said, she can vote against it.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: Yes, I will answer in the manner I choose.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: The Minister makes a wrap-up statement on the debate, which may include answering questions.
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: Does the Deputy think that if the Minister for Finance were here he would not read from a script?
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: The Deputy has no interest in listening to answers to questions. I will wrap up this debate in the way I choose and I will answer questions-----
- Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009: Motion (3 Dec 2009)
Martin Mansergh: The Deputy has decided to oppose this motion. I am simply spelling out the consequences of opposing the motion.