Results 32,541-32,560 of 40,550 for speaker:Joan Burton
- Banking System: Statements (1 Apr 2010)
Joan Burton: Why did the Minister not inform the House about this secret agreement some time ago with the Commission to pump â¬8.3 billion into Anglo Irish Bank? Taxpayers only heard the news when he had to come before the House the other day. The figures quoted by the Minister, which were given to us in supporting documentation, relate to the sectoral breakdown of tranche 1 in the transfer of loans to...
- Banking System: Statements (1 Apr 2010)
Joan Burton: Will the Minister explain the meaning of this because NAMA was set up to deal with bad assets and loans?
- Banking System: Statements (1 Apr 2010)
Joan Burton: I have asked the question. There is something seriously wrong with this documentation. Will the Minister make the figures available and provide for a detailed briefing of the Opposition on the figures and matters covered in the documentation? He referred to the future of Anglo Irish Bank.
- Banking System: Statements (1 Apr 2010)
Joan Burton: According to his statements and the supporting documentation for the debate on Tuesday, â¬8.51 billion in loans has been transferred to NAMA but more than 70% of those loans relate to completed properties, which are earning an income. That means the bad loans remain for the most part in Anglo Irish Bank and in all the other banks. It means that we have a NAMAââ
- Banking System: Statements (1 Apr 2010)
Joan Burton: Is the Minister giving us a NAMA bad bank, which will take the best income earning assets? Is he leaving bad banks in each of the other banks in order that we now have five bad banks.?
- Banking System: Statements (1 Apr 2010)
Joan Burton: That is the consequence of what the Minister is doing. Where has his proposal for a forced merger of INBS and the EBS gone? Has it vanished because of the level of debt in INBS and the fact that it is, to quote George Soros, "a zombie bank"?
- Banking System: Statements (1 Apr 2010)
Joan Burton: Where is the marriage he referred to as a key element of his banking strategy? It has vanished from view. A total of â¬675 million is going into the EBS and â¬2.7 billion is going into Irish Nationwide but the marriage is off.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Will the Minister comment on that? That is another colossal waste of taxpayers money for another dead zombie institution.
- Banking System: Statements (1 Apr 2010)
Joan Burton: The Minister did not tell the country.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Here it is.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Earlier this year.
- Banking System: Statements (1 Apr 2010)
Joan Burton: No, in due deference to the Minister, that is not what the Commission said.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Earlier this year Ireland notified a capital injection of â¬8.3 billion in favour of Angloââ
- Banking System: Statements (1 Apr 2010)
Joan Burton: Will I give the Minister the notice?
- Banking System: Statements (1 Apr 2010)
Joan Burton: I will give the Commission statement to the Minister to read. It might help.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Earlier. There is no possibility. The Minister is now addingââ
- Banking System: Statements (1 Apr 2010)
Joan Burton: Earlier this year.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Yes there is.
- Banking System: Statements (1 Apr 2010)
Joan Burton: Could the Minister answer any of the other questions?
- Banking System: Statements (1 Apr 2010)
Joan Burton: I am sorry. The Minister indicated that he notified the Commission of the capital injection of â¬8.3 billion but he did not tell the Dáil.