Results 26,261-26,280 of 32,583 for speaker:Richard Bruton
- Banking System: Statements (1 Apr 2010)
Richard Bruton: I thank the Minister for coming into the House to take questions. The cost of Anglo Irish Bank continues to escalate. The Minister originally articulated the view that that bank should be kept as a going concern and the expectation was that it was to be given â¬4 billion by way of recapitalisation. This figure has now increased to â¬22 billion and is rising. The chairman has stated the...
- Banking System: Statements (1 Apr 2010)
Richard Bruton: This is a questions and answers session and if the Minister wants me to impart information I will, with the permission of the Ceann Comhairle.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Exactly.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: We have information from the European Union that it has given temporary approval to put in â¬8.3 billion and it may allow another â¬10 billion, but it said it is not accepting the restructuring plan for Anglo Irish Bank, it is demanding a fresh restructuring plan be presented to it in May and it is having an in-depth investigation of the Anglo Irish Bank situation. Within any reasonable...
- Banking System: Statements (1 Apr 2010)
Richard Bruton: I am not drawing any unwarranted inferences. I am simply saying the Anglo Irish Bank proposal has not been accepted, there is now an in-depth inquiry and the Government plan to support the Anglo Irish Bank approach has not been accepted. There is no inference and nothing is distorted in saying that. Perhaps the Minister would be better occupied by allowing me to ask the questions and using...
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Exactly. I wish to ask the Minister about his strategy regarding AIB. Why does he believe it is advantageous to wait for the submission of a plan and the recapitalisation proposals until the end of the year? Why does he feel that will support getting credit flowing from AIB? Would it not be better for him to assume control of the process at this stage in order to get a better outcome for...
- Banking System: Statements (1 Apr 2010)
Richard Bruton: I am asking the Minister a question; I am not asserting anything.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: The bank can only submit its plans through the Department of Finance.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: How come the Minister did not reveal on Tuesday that there was to be an in-depth inquiry?
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Why are you looking for submissions?
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Let us have your plan on the table and costed.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: You told us your plan for Anglo Irish Bank would cost â¬4 billion, then it was â¬10 billion and â¬18 billion. Now it is â¬22 billion.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: It is timeââ
- Banking System: Statements (1 Apr 2010)
Richard Bruton: The Minister has done nothing but pour scorn on anything else.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Let us see the options.
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Are you now willing to consider that some of the professional investors would share the cost?
- Banking System: Statements (1 Apr 2010)
Richard Bruton: That is not what I asked. I asked whether the Minister accepted that heââ
- Banking System: Statements (1 Apr 2010)
Richard Bruton: Professor Honohan has clearly givenââ
- Banking System: Statements (1 Apr 2010)
Richard Bruton: We need to ask the question. Professor Honohan said we should have a protection for the new money coming in and, therefore, only for deposits and new preference shares and bonds. That was the recommendation.
- Written Answers — Tax Code: Tax Code (31 Mar 2010)
Richard Bruton: Question 101: To ask the Minister for Finance if he will provide for a waiver of stamp duty in respect of a person who is not a first-time buyer, but is forced to move home in order to accommodate the disability of a family member; and if he will make a statement on the matter. [14056/10]