Results 11,501-11,520 of 16,537 for speaker:Brian Lenihan Jnr
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: We are back on the merry-go-round of long-term economic value, which was discussed by an Oireachtas committee in late August and on Second Stage in this House. I do not believe this requires further grouping of amendments. This issue has been discussed endlessly. I have heard no new arguments so far on Report Stage.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: The Commission guidance note is clear on this subject, namely, it is an entirely legitimate procedure and there is nothing strange about it. There are many other provisions in the Bill that are more worthy of consideration. However, I am in the hands of the House. I will not object if the House agrees to group these amendments.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I accept that.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I will not object to the grouping of any amendments.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I had better recover my sense of humour.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: Yes.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I did.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I said I "will" issue guidelines. I said it was a threat and an exercise.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I answered the question.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: The Deputy is talking about a straight conversion of preference shares into ordinary shares.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: Yes, and the Labour Party did not want me to nationalise that.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: No, he has not acknowledged that.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I will not go back to square one.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: No.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I suppose the Deputy wants me to rezone Knock too.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I am offering to speak on the amendment.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: There are three minutes left. The debate on this amendment has ranged far and wide.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: This debate began last April when the Government published the initial proposal-----
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: -----and has progressed ever since. The question of credit is something that all of us are concerned about. Apart from that, the one aspect, on which the Opposition parties have repeatedly focused since the publication of the draft Bill last August, is the issue of long-term economic value.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: Clearly, in the guidance note by the Commission, and as acknowledged I am glad to say by Deputy George Lee at the conclusion of the debate, in asset relief schemes, one must give something to the banks in order to achieve their desired effect. While I am on this subject, I wish to say it is extraordinary that Opposition parties, who devote so much time to the exposure of the taxpayer and of...