Results 22,961-22,980 of 26,086 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)
Kieran O'Donnell: Can I come back to Professor Honohan on the mortgage situation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)
Kieran O'Donnell: I would take exception with him on that. I have read Ms Fiona Muldoon's comments and, as Professor Honohan said, she has a flowery way of expressing herself. She was extremely direct. She spoke about the banks' lip-service and said she saw too many loan extensions masquerading as solutions. She said that hope was not a strategy any more than anger. It is not good enough for the Central...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)
Kieran O'Donnell: Thank you, Chairman. What will Professor Honohan do to ensure that the banks will now come to arrangements with mortgage holders? He has stated repeatedly that the banks are adequately capitalised. What will he do to ensure that when people come to the banks they will hold reasonable discussions and negotiations with them instead of, as Ms Muldoon said, paying lip service? Professor...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)
Kieran O'Donnell: In the limited time I have, may I put it in context? I am worried that when the banks come out of this, which they will, they will undertake wholesale repossessions. Effectively, banks will be banks, so what changes are we going to see? What procedures will be put in place by the Central Bank to ensure that the banks will effectively deal with the mortgage crisis and allow people to remain...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)
Kieran O'Donnell: It might even be six.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)
Kieran O'Donnell: What are the Commissioner's plans for tax fraud as up to €1 trillion is leaked through it? CCCTB has been around for many years. Where does the Commissioner see the process going in this? What timeframe does he see for CCCTB and FTT to come into practical effect?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: What is the limit that comes before the board?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: In the short term Dr. Somers is saying loans of less than three-quarters of a billion never came before the board.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: Previously?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: Finally, what further measures will be taken? A total of €20 billion of taxpayers' money has been paid to AIB. This has not come up for discussion. It is an incredible sum of money. What more will the public interest directors do to restore AIB to health while taking into account their remit, to ensure it will not be done at the cost of mortgage holders and SMEs?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: I welcome Mr. Spring and Dr. Somers, with whom I would like to raise a couple of points. This is the third set of hearings on this matter. The context is simple - a general distrust of the public in the banking system and a lack of understanding or faith in the public interest directors. Section 48 of the Act has been quoted at length. There is clearly a need for the Minister to put in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: With respect, I have been very patient.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: The Chairman is eating into my time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: I have no issue with the Chairman intervening.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: I have no issue with the Chairman interjecting but I ask that the time used by him in doing so be added to my speaking time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: Perhaps the witnesses would respond to my opening questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: What was the position in respect of loans of less than €750 million?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: By whom were they assessed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: At what level of management were they considered?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Kieran O'Donnell: They never came before the board?