Results 24,161-24,180 of 27,945 for speaker:Michael McGrath
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Michael McGrath: What is Mr. MacSharry's vision for the bank? A restructuring is in place and there is the core business of providing mortgage lending. It is important that this business would be retained and developed, as well as providing more competition in the banking sector. Obviously, the bank is downsizing, has lost many staff and the directors are dealing with past mistakes. How does Mr. MacSharry...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Michael McGrath: What role does the board of directors have in dealing with mortgage arrears? How regularly does the board deal with this issue? What reports does it receive as to how the bank is dealing with mortgage arrears? Permanent TSB's arrears rate is higher than the average which is a concern as this is a core element of the bank's business. There is a frustration among borrowers that the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Michael McGrath: The directors touched on the interest rate issue in their opening statements. It is to be welcomed that the standard variable rate being charged has come down. The bank was once a significant outlier in this regard and was charging customers way in excess of what the other banks were charging. I feel very sorry for customers on a variable rate paying 4% to 4.5% when someone on a tracker is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Michael McGrath: Mr. MacSharry and Ms Hayes are both very welcome. Is there anything at all that differentiates what the public interest directors do compared to the other directors of the company? Is there anything that differentiates their role as public interest directors, or is it literally a title in name only?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Michael McGrath: My sense is that the appointment of public interest directors was a good idea. Citizens would expect, however, that such directors would be more visible and be seen to be openly defending the public interest. Mr. MacSharry hit the core point in his opening remarks - that he has the same legal and fiduciary responsibilities as the other directors. That is the position under company law....
- Written Answers — Department of Health: Hospital Services (19 Dec 2012)
Michael McGrath: To ask the Minister for Health the position regarding the reconfiguration of hospital services in the South East; his plans regarding same; and if he will make a statement on the matter. [57074/12]
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: Amendment No. 4 deals with negative equity, stamp duty and necessary adaptations to cater for people with disabilities and so forth. We tabled separate amendments, which will clearly not be reached, relating to negative equity in amendment No. 27 and stamp duty in amendment No. 26, so I will speak to amendment No. 4 on these issues. The first issue is negative equity. Many speakers on...
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: Irrespective of one's mortgage. That is the point.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: PRSI.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: Why did the Minister not tell people he was going to do this?
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: It is not linked to capacity to pay.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: The Minister did.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: The Minister just called it something else.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: Have been reneged upon.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael McGrath: The Minister does not want to hear it.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael McGrath: A farce.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael McGrath: Jackie Healy-Rae got plenty of tar.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael McGrath: Hear, hear.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael McGrath: It might tax Santa Claus.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael McGrath: It said to go back to council houses.