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Results 30,201-30,220 of 36,036 for speaker:Pearse Doherty

Written Answers — Department of Finance: IBRC Liquidation (4 Jul 2013)

Pearse Doherty: 106. To ask the Minister for Finance if he will confirm the special liquidator's assertion that due to the level of insolvency of Anglo Irish Bank there will be no distribution to any unsecured creditors. [32770/13]

Written Answers — Department of Finance: IBRC Liquidation (4 Jul 2013)

Pearse Doherty: 110. To ask the Minister for Finance his views on the solvency of the Anglo Irish Bank pension scheme at the date of the appointment of the special liquidator in February 2013. [32774/13]

Written Answers — Department of Finance: IBRC Liquidation (4 Jul 2013)

Pearse Doherty: 111. To ask the Minister for Finance the value of the Anglo Irish Bank pension fund at the date of the appointment of special liquidator in February 2013. [32775/13]

Written Answers — Department of Jobs, Enterprise and Innovation: IBRC Legal Cases (4 Jul 2013)

Pearse Doherty: 140. To ask the Minister for Jobs, Enterprise and Innovation if he will confirm if section 286 of the Companies Act 1963 in regard to legal rules pertaining to any payments made in favour of any creditor in the six months leading up to the appointment of the Special Liquidator were complied with by Anglo Irish bank. [32760/13]

Written Answers — Department of Health: Hospital Waiting Lists (4 Jul 2013)

Pearse Doherty: 263. To ask the Minister for Health if his attention has been drawn to the delays in outpatient waiting lists at Letterkenny General hospital; if his further attention has been drawn to the delays in a number of departments where significant numbers of patients are waiting in excess of one year; the actions he will take to reduce the waiting lists; and if he will make a statement on the...

Written Answers — Department of Health: Hospital Waiting Lists (4 Jul 2013)

Pearse Doherty: 268. To ask the Minister for Health if his attention has been drawn to the delays in outpatient waiting lists at Letterkenny General hospital; if his attention has been further drawn to the delays in a number of departments where significant numbers of patients are waiting in excess of one year: his plans to reduce the waiting lists; and if he will make a statement on the matter. [32746/13]

Equal Status (Amendment) Bill 2013: Second Stage (Resumed) [Private Members] (3 Jul 2013)

Pearse Doherty: Tá mé iontach sásta seasamh anseo anocht chun tacaíocht a thabhairt don Bhille um Stádas Comhionann (Leasú), 2013. Tá moladh mór tuillte ag an Teachta Mac Lochlainn, a tháinig chun tosaigh leis an mBille seo. Tá moladh le tabhairt fosta chuig na heagrais phobail uilig atá ar cúl an fheachtais mar cheannródaithe ar an iarracht...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: I noted the Minister's speech today about the lessons that have been learned, and I welcome the fact that the burning of bondholders is now accepted as the norm in the future. We are not suggesting at this point that the banks may need more capital, because we do not have the evidence, but there are stress tests and the troika are even insisting that we test this before they bid us farewell....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: I am happy with that. There is a bail-in procedure here. My understanding is that we could not go to the ESM without applying the bail-in procedure. Is it not the case that in a bail-in procedure, the first to take the hit are the shareholders, followed by junior bondholders?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: Is the Minister saying that in respect of the ESM direct bank recapitalisation instrument, we would not have to follow the bail-in procedure before we were able to get access to funding from the ESM?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: I am not envisaging a resolution issue either, but a recapitalisation issue. Under this instrument, the first people to take a hit before we could even get access to the ESM would be the shareholders. Is that not correct? Am I reading this wrong?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: Just to be clear, if one of our banks required additional capital after stress tests were carried out next year, and it could not raise it in the international markets, it would have access to the ESM and this bail-in procedure would not apply.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: I just-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: I have no evidence at this stage either, but I just want to know if I am hearing this correctly. If the banks needed additional capital, would they able to go to the ESM for that capital, and is it the case that the bail-in procedures would not apply?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: The Minister can clarify this. It may not happen and it hopefully will not happen, but if it did happen, could we get access to the ESM? We were sold this so strongly. There was no reluctance on the part of the Minister during the Lisbon treaty referendum to tell us that we had that lifeline in the ESM. If a bank needs further capital - I am not mixing this up - sometime next year, do we...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: Before or after we apply a bail-in?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: Jesus Christ, Minister - just answer the question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: The answer is a very simple "Yes" or "No".

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: Can a bank get capital through the ESM without the requirement for a bail-in, if it cannot raise money on the international markets and needs capital? I am wasting my time on this simple question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Review of ECOFIN Matters under Irish EU Presidency: Discussion (3 Jul 2013)

Pearse Doherty: It is one year last week since the major game changer, or the seismic shift, as it was called at the time. The Minister presided over five ECOFIN meetings during the Presidency. There is one important line at the end of the five-page statement on potential retroactive application of the instrument. It has to be by mutual agreement and it must be on a case-by-case basis. We know that this...

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