Results 34,341-34,360 of 40,550 for speaker:Joan Burton

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: The tables the Minister has laid out indicate that he is offering a premium by way of the long-term economic value of between 10% and 15%. We do not know the breakdown between the five institutions but that is how I have worked it out from what the Minister said in his speech and from the tables. Why do couples or businesses whose properties are being repossessed by the banks not receive a...

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: Can the Minister tell us why the Bill contains no specific requirement to charge interest to borrowers and developers? There is a provision in various sections of the Bill for the possibility of charging interest, but our legal advisers, who have read the Bill carefully, have pointed out to us that there is no requirement to charge interest. That is not written into the Bill; there is a...

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: The power and capacity to charge interest is included in the Bill but not the necessity to do so.

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: I thank the Minister.

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: In the figure of €77 billion referred to by the Minister, the rolled up interest amounts to €9 billion. Although the Minister has not clarified this, that rolled up interest is generally thought to have occurred in the last two or three years. If developers end up securing an interest holiday for some years under NAMA, that alone could be worth another substantial sum of several...

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: We have had senior counsel advise us on what is in the Bill.

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: One of the issues identified as entirely fanciful last week by Mr. Justice Clarke in his adjudication of the case put forward by the Zoe Group was that KMPG included provision for an interest holiday in its presentation. Where on God's earth did KMPG, a reputable firm of accountants, get this notion of a happy interest holiday or its equivalent for Mr. Liam Carroll? Did it pluck it out of...

Order of Business (16 Sep 2009)

Joan Burton: Can he have a preferendum and tell us the result?

Order of Business (10 Jul 2009)

Joan Burton: As a former secretary of the Irish Anti-Apartheid Movement in Ireland, we need to remember that Mandela moved from being a prisoner of conscience for more than 20 years to being a light to the world. The Labour Party is delighted to celebrate today and we recognise the presence of the South African Ambassador.

Order of Business (10 Jul 2009)

Joan Burton: Before the Dáil resumes on 16 September, will we get details of the valuation method for the impaired assets that will be taken over by NAMA? I asked the Minister for Finance if there would be an independent valuation board, as is done in most countries

Order of Business (10 Jul 2009)

Joan Burton: When we come back in September our national debt will have risen by €20 billion to €40 billion.

Order of Business (10 Jul 2009)

Joan Burton: I know €20 billion to €40 billion does not sound much in Kerry-----

Order of Business (10 Jul 2009)

Joan Burton: -----but in Dublin it sounds like a great deal.

Order of Business (10 Jul 2009)

Joan Burton: Will we get information-----

Order of Business (10 Jul 2009)

Joan Burton: -----about the valuation method of NAMA-----

Order of Business (10 Jul 2009)

Joan Burton: -----and the debt it implies for every taxpayer in this country?

Order of Business (10 Jul 2009)

Joan Burton: Will we get any information?

Order of Business (10 Jul 2009)

Joan Burton: Can I ask-----

Order of Business (10 Jul 2009)

Joan Burton: Can I ask about prices and the National Consumer Agency? What is the position on the legislation on the future of that agency, which apparently was meant to be merged with the Competition Authority? We also understand that part of the Financial Regulator is to be merged in a third merger. Could the Tánaiste tell us because prices continue to rise?

Oireachtas (Allowances to Members) and Ministerial and Parliamentary Offices Bill 2009 [Seanad]: Second Stage (9 Jul 2009)

Joan Burton: The Labour Party welcomes this Bill. In our submissions before the budget we called for clear reductions, particularly in the situation where former Ministers receive pensions while still Members of the Dáil. It is a pity the Minister had neither the political guts nor the capacity to introduce the reforms he promised with such grand rhetorical flourishes on budget day. On that day, he...