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Order of Business (30 Nov 2010)

Joan Burton: On the same matter of banking related legislation, will the Taoiseach confirm whether legislation will be required in respect of the National Pensions Reserve Fund making investments in banks like Anglo Irish Bank, the EBS and Irish Nationwide Building Society? When will the Minister for Finance introduce that legislation in the House? Yesterday, there was mention in The Irish Times that the...

Order of Business (30 Nov 2010)

Joan Burton: No.

Order of Business (30 Nov 2010)

Joan Burton: Directed investments.

Order of Business (30 Nov 2010)

Joan Burton: The Taoiseach has not answered the question, which was on the extension-----

Order of Business (30 Nov 2010)

Joan Burton: -----of a specific guarantee to Anglo Irish Bank. Will there be a statement in the House as to how that came about?

Order of Business (30 Nov 2010)

Joan Burton: More importantly, the investments in the Bank of Ireland and-----

Order of Business (30 Nov 2010)

Joan Burton: The investments in the Bank of Ireland and AIB were indirect investments because they were quoted companies at the time. Investments in Anglo Irish Bank, EBS and INBS are not directed investments.

Order of Business (30 Nov 2010)

Joan Burton: Has the Government received the advice of the Attorney General on this matter?

Order of Business (30 Nov 2010)

Joan Burton: Legislation might be required to direct the NPRF. I do not agree that the Minister for Finance has those powers.

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (30 Nov 2010)

Joan Burton: That is a sad case. We have a long detailed policy document on that. The Taoiseach might take time out of his busy schedule to read it.

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (30 Nov 2010)

Joan Burton: Why did he not try to negotiate one?

Stability and the Budgetary Process: Motion (30 Nov 2010)

Joan Burton: With the permission of the House, I wish to share time with the new Member, Deputy Doherty, to congratulate him on his election and to welcome him to the House.

Stability and the Budgetary Process: Motion (30 Nov 2010)

Joan Burton: When I worked as an accountant, there were a number of simple rules in respect of accounting and the concept of whether a firm, company or perhaps a country is a going concern, that is, can expect to continue in ordinary business for the foreseeable future. The test of being a going concern in accounting is whether one can meet one's debts as they fall due for payment. The difficulty for...

Stability and the Budgetary Process: Motion (30 Nov 2010)

Joan Burton: It emerged in subsequent days.

Stability and the Budgetary Process: Motion (30 Nov 2010)

Joan Burton: I am trying to recall what happened. If it happens again, we will need to think about how we approach it.

Stability and the Budgetary Process: Motion (30 Nov 2010)

Joan Burton: In the blanket bank guarantee, we essentially drew the losses of the banks onto the shoulders of the citizens. We had privatised bank profits up to that point, in effect, and from then on we socialised all bank losses onto the citizens of the country. To date, no one has been able to work out how to unravel what was created that night. There is a great deal of conversation about defaulting...

Written Answers — Disconnection of Utilities: Disconnection of Utilities (30 Nov 2010)

Joan Burton: Question 60: To ask the Minister for Communications, Energy and Natural Resources his views on the reconnection and disconnection fees imposed by the Commission for Energy Regulation; and if he will make a statement on the matter. [45005/10]

Written Answers — Fuel Poverty: Fuel Poverty (30 Nov 2010)

Joan Burton: Question 47: To ask the Minister for Communications, Energy and Natural Resources the numbers of persons living in fuel poverty; and if he will make a statement on the matter. [45006/10]

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Joan Burton: When the history books come to be written this rather modest, slim document will stand probably beside the treaty, the declaration of Irish neutrality in the Second World War, the decisions about joining the European Union, the issues dealing with the IRA and violence in this country, as probably one of the most important documents presented to the Dáil. It is presented on a snowy 1...

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Joan Burton: It ill becomes the Minister not to have given it to the Opposition parties and to have allowed time for an analysis. The document is not warm from the printer so it is clear it was printed some hours ago. The document will tie this country hand and foot to a bad deal that was negotiated on behalf of the Irish people at the weekend by a Minister who appointed as his plenipotentiaries rather...

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