Results 24,201-24,220 of 26,148 for speaker:Kieran O'Donnell
- Personal Debt (28 Apr 2010)
Kieran O'Donnell: Does the Minister envisage that the proposals involving a resolution-type scheme, which would enable people to reduce their burden in terms of equity, will be accepted? Many young couples who bought houses at inflated prices during the Celtic tiger years are now in negative equity. Some of them, having lost their jobs, are losing the facility to make repayments through no fault of their...
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: The Minister is contradicting himself regarding the draft business plan. He said earlier that Ministers are there to make decisions on the basis of the advice provided. He took a plan that was provided and presented it as Government policy. That plan was based on figures that were provided by the banks but were not examined by the Department in any way. When will the business plan be...
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: Is the Minister referring to Anglo Irish Bank?
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: I just want the question answered.
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: June?
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: We were expecting it at the end of May.
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: The Minister referred to the haircut for Anglo Irish Bank.
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: What eventual haircut on the first tranche does the Minister expect? It still has not gone into NAMA.
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: The Minister obviously has more up-to-date information.
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: It is getting worse. It was 28%
- National Asset Management Agency. (28 Apr 2010)
Kieran O'Donnell: There are a lot of personal guarantees there.
- Fiscal Policy. (28 Apr 2010)
Kieran O'Donnell: Is the Minister aware that none of the three Mazars reports gives a breakdown? They are inadequate because they give no breakdown between new and existing lending, and between overdrafts and long-term loans. It is incredible that the banks are unable to provide that level of breakdown. It is clear there is a cover up because they are not willing to provide that level of breakdown.
- Strategic Investment Bank: Motion (Resumed). (28 Apr 2010)
Kieran O'Donnell: I am sharing my time with Deputy Neville. Credit is not flowing to the SME sector and the real economy. The Central Bank has indicated that private sector credit contracted by â¬12 billion in the 12 months to February 2010. The three Mazars reports have consistently revealed a contraction in the credit supply to the SME sector. Performing SME loans have contracted by 25%, which reveals...
- Strategic Investment Bank: Motion. (27 Apr 2010)
Kieran O'Donnell: I am delighted to contribute to this debate tonight. Everyone agrees there is a problem with credit flow in the SME sector. In July 2008, I asked that the chief executive officers of the main banks, Bank of Ireland, Allied Irish Bank and Anglo Irish Bank be called to appear before the Joint Oireachtas Committee on Finance and the Public Service, one of whom, Mr. Richie Boucher, is now chief...
- Written Answers — Social and Affordable Housing: Social and Affordable Housing (22 Apr 2010)
Kieran O'Donnell: Question 36: To ask the Minister for the Environment, Heritage and Local Government the number of applications received and the number of loans drawn down for the home choice loan scheme; and if he will make a statement on the matter. [16077/10]
- Urban Renewal Projects. (21 Apr 2010)
Kieran O'Donnell: I thank the Ceann Comhairle for allowing me to raise this matter on the Adjournment this evening. It is of critical importance to Limerick and in particular to the regeneration areas of Limerick, namely, Moyross, Southill, St. Mary's Park and Ballinacurra Weston, and to the people who reside therein. The original plan for Limerick's regeneration was drawn up by John Fitzgerald three years...
- Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)
Kieran O'Donnell: To take up from where I left off, I want to deal specifically with the issue of the â¬1.5 million which has been transferred into a pension fund for Mr. Richie Boucher of Bank of Ireland. I have no doubt the Minister of State, Deputy Martin Mansergh, is as disgusted as every other citizen at what has happened. There are two public interest directors on the board of Bank of Ireland, Mr. Joe...
- Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)
Kieran O'Donnell: Unique.
- Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)
Kieran O'Donnell: This is the Central Bank Reform Bill 2010, to which we in Fine Gael tabled a reasonable amendment in the name of Deputy Bruton. The problem is that, since September 2008, we have been through a most horrific time in terms of the financial landscape, particularly banking. A proper investigation is required. Preliminary investigations are under way, but they will turn into a statutory...
- Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)
Kieran O'Donnell: The facts bear out what I am saying.