Results 16,481-16,500 of 16,537 for speaker:Brian Lenihan Jnr

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: ——clearly represents a dramatic escalation of what was found by the Central Bank and the Financial Regulator this time last year.

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: It is something that for all our sakes I am anxious to ensure. I wish the Minister——

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: ——well in his job and I draw his attention to a difficulty created by the stress tests. It is worth looking at them and the type involved.

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: The stress test assumes that house prices will return to 2002 levels by 2040. It also assumes that marking to market should take place on all investment properties, irrespective of the reliability of the tenancies and their payments. I was delighted the Minister outlined that the stressed cases represent definitively a worst case scenario. I hope so because were those stresses to...

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: This Government has made a virtue of suggesting that it has some moral superiority in this area but on Saturday last we were informed in The Irish Times, clearly by Government sources, that this emergency €60 billion scheme for Irish banks would be introduced in parallel with today's announcement. There is no reference to it in today's announcement. I wish the Minister well and hope he,...

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: We all agree on that. The question of senior debt, even in Anglo Irish Bank and Irish Nationwide Building Society, is not raised. Perhaps the Minister has decided to be discreet about this and work in private about it. If that is the case, I would respect that because much of the talk about default on senior debt in Ireland has had an adverse effect on deposit taking in the Irish banking...

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: I did not say that in the House.

Banks Recapitalisation and Restructuring: Statements (31 Mar 2011)

Brian Lenihan Jnr: I did not. Let the Deputy check the record.

Bank Bailout and EU-IMF Arrangement: Motion (5 Apr 2011)

Brian Lenihan Jnr: One can adapt the law in an emergency.

Bank Bailout and EU-IMF Arrangement: Motion (5 Apr 2011)

Brian Lenihan Jnr: Imitation is the sincerest form of flattery.

Leaders' Questions (6 Apr 2011)

Brian Lenihan Jnr: In a press release yesterday on the legislative programme the Chief Whip indicated that tackling the jobs crisis was the top priority of the Government. If that is the case, is there an indicative figure in the jobs budget for the number of jobs that will be created? Does the Government have such an figure and what will the cost be? Why is there no indication of a supplementary budget in...

Leaders' Questions (6 Apr 2011)

Brian Lenihan Jnr: We all agree that the most fundamental issue is job creation. When will the jobs budget announcement or statement take place?

Order of Business (6 Apr 2011)

Brian Lenihan Jnr: It is not agreed in one respect. A question and answer session during which the Minister would be accountable to the House was mooted last week in respect of this subject. Serious issues arise regarding the bank reorganisation and the sustainability of the debts being undertaken and Deputies need to tease out the implications with the Minister. A pre-announcement briefing was not provided...

Order of Business (6 Apr 2011)

Brian Lenihan Jnr: There will, therefore, be a question and answer session.

Order of Business (6 Apr 2011)

Brian Lenihan Jnr: Something arose in the course of the Tánaiste's replies that I wished to probe further.

Order of Business (6 Apr 2011)

Brian Lenihan Jnr: On promised legislation, the Tánaiste indicated that it was not normal practice to include proposals to change the Constitution in the programme for Government. However, the Government has undertaken to establish a constitutional convention. Does this require legislation and, if not, will there be all-party consultations about the composition of this convention?

Oireachtas Reform Programme (6 Apr 2011)

Brian Lenihan Jnr: I welcome the fact the Chief Whip has indicated he would be open to a committee on Dáil reform as we need to examine our working methods. The multiplication of sessions and sitting days will not make the House work effectively unless we have real changes in working methods that allow Members to supervise the work of the Government. Nonetheless, I welcome the Chief Whip's commitment in that...

Oireachtas Reform Programme (6 Apr 2011)

Brian Lenihan Jnr: -----Fine Gael is taking a very cynical attitude whereby Seanad Éireann should exist as a subsidy for its political interests for the duration of this Dáil.

Oireachtas Reform Programme (6 Apr 2011)

Brian Lenihan Jnr: With regard to these endless sitting days, if Ministers are not present and we just have discussions about tsunamis or tribunal reports, that is not accountability by the Government. Will weeks be set aside for committee business in this proposed reform?

Bank Reorganisation: Statements (6 Apr 2011)

Brian Lenihan Jnr: I propose to share time with Deputy Willie O'Dea. This is an essential first step and a prerequisite to economic recovery. It has been a successful first step because the Minister has built on the policies of the previous Government. Leaving aside the rhetorical party flourishes about who might have been to blame and what steps should have been taken, the Minister has outlined that the...