Results 39,081-39,100 of 40,550 for speaker:Joan Burton

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: Okay. Mr. Ryan referred, understandably, to the confidentiality agreements as the operational structure he is operating under, but he also placed considerable stress on the fact the Pepper is regulated. In terms of the references to the confidentiality agreement, therefore, has the regulator sight of those confidentiality agreements?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: Were the Central Bank of Ireland to require sight of the confidentiality agreements, would Mr. Ryan be agreeable or would the legal position of Pepper permit Mr. Ryan to disclose them to the regulators of the Central Bank of Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: May I raise another point? In the summary, the package of loans of PTSB was originally valued at par at about €1.3 billion.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: Could that be a laywoman's way of putting it that the value of the whole bundle in terms of the book debt was €1.3 billion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: The PTSB then passed it over to Glenbeigh and then to Pepper. The value then was €890 million. Will Mr. Masding explain this to me? One way of reading the figure is that there has been a transfer at a valuation or book loss - it is a while since I practised accountancy - or a discount of more than 30%. I think that is a very generous deal for Glenbeigh. Maybe that is the value of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: I understand the point about capital

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: I understand Mr. Masding's point about the NPL situation, but in the documentation from the European Central Bank, reference is made to setting up a platform to sell NPLs more easily. The aspect that interests me and that makes people who have contacted us afraid is that the loans will be traded on and flipped. It might not happen instantly but, given the long duration of many of the loans,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Joan Burton: I appreciate Pepper is a service agent, but does Mr. Ryan agree that the transfer was done on favourable terms to Glenbeigh, given that the value was €1.3 billion but it was transferred for €890 million? In the original documents, PTSB suggested it would receive a bit more, namely, €910 million. It is a sharp transaction-----

Ceisteanna - Questions: Taoiseach's Meetings and Engagements (11 Dec 2018)

Joan Burton: Will the Taoiseach clarify where his Government stands with regard to the National Maternity Hospital in Holles Street? It has a long tradition of care. As somebody who had a baby in Holles Street, I can personally testify to that. When we were in government, there was a strong understanding between the Labour Party and the Taoiseach's party, as the bigger party in that coalition, that...

Ceisteanna - Questions: Taoiseach's Meetings and Engagements (11 Dec 2018)

Joan Burton: The Taoiseach cited examples of women in either hospital and what might happen to them. If a pregnant woman in St. Vincent's Hospital is in danger of dying due to a heart attack, will she be moved to the maternity hospital for a termination if that is what will save her life or could staff with conscientious objections on the general hospital side simply not offer her what should be...

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: 8. To ask the Taoiseach when Cabinet committee A on the economy last met. [50552/18]

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: Does the Taoiseach agree that a lot of people who are in mortgage difficulties, including those people whose mortgages were sold over their heads from PTSB to an investment vehicle administered by Pepper Finance with the agreement of the Taoiseach's Minister for Finance, must feel sick at the derisory level of penalties levelled on a former banking executive in the Irish Nationwide Building...

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: He has a 75% shareholding.

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: He had approval so he had a role in it.

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: For the 25% who are on the higher rate.

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: For the top 25%.

Ceisteanna - Questions: Cabinet Committee Meetings (11 Dec 2018)

Joan Burton: Ryan Tubridy was a lot easier.

Irish Film Board (Amendment) Bill 2018: Committee and Remaining Stages (11 Dec 2018)

Joan Burton: I do not wish to obstruct in any way the passage of the Bill, but in the context of shortly proceeding to Report Stage, I demand the Minister consider the three amendments before her. Two of the amendments are related to reports, while mine proposes that a committee be established under the aegis of the board. The creation of a committee is in order because the Title of the legislation is...

Irish Film Board (Amendment) Bill 2018: Committee and Remaining Stages (11 Dec 2018)

Joan Burton: Yes, but the Ceann Comhairle will agree that in all the different boards which our State has established since its foundation many years ago, boards which are established have committees of the boards and they are recognised and acknowledged because our Constitution says workers have rights to organise and to be protected. When I was Tánaiste and Fine Gael was in government, it agreed...

Irish Film Board (Amendment) Bill 2018: Committee and Remaining Stages (11 Dec 2018)

Joan Burton: I thank the Minister of State. I can almost hear his sighs.Maybe he is just being a bit of an actor.