Results 3,821-3,840 of 4,928 for speaker:Peter Mathews
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Peter Mathews: It is almost like a frozen lump of asset.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Peter Mathews: Yes, but AIB has received ECB advances.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Peter Mathews: I would be using this in my discussion on the issue of creditor buy-in, albeit retrospective, and legacy buy-in. The ECB stuffed us.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Peter Mathews: No; that will do for the moment.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Peter Mathews: I thank the delegation for its presentation. We have heard much about pockets of the forest, but I want to look at the overview of it. The balance sheet of any business tells us an awful lot if we ask the right questions. In December 2007 Bank Zachodni-WBK, BZ-WBK, was consolidated into the balance sheet but not EBS. After the then Minister for Finance, the late Brian Lenihan, announced...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Peter Mathews: Too much.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: I will take up the point made by Senator Hayden. Huge stress is building up in respect of the buy-to-let mortgages and a problem will arise regarding the non-allowability of a certain portion of the interest on funding for portfolios that are in buy-to-lets. I ask the witnesses to make representations to the Minister for Finance and his departmental officials that this be reconsidered. A...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: My point is IBRC is looking after loan books that probably will creak even more.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: There probably will be some competition from Certus.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: This is very important because-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: I thank the Chairman for reminding me, but I am aware of that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: The witnesses are responding by nodding.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: If we exclude the Government's promissory notes, total assets amount to approximately €25 billion. I am down to the core of the engineering of this balance sheet and have a few quick questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: It is important that this financial arithmetic can be argued and agreed. That would save the taxpayer significant money. On the nuts and bolts issues, God help the IBRC on having to take Irish Nationwide Building Society under its wing, because it is a can of worms. Are any Garda inquiries taking place on that or is the Director of Corporate Enforcement investigating or inquiring into it?...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: Is there legal or solicitor advice?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: I was here first.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: It concerned wealth management. Are there claims by investors of mis-selling of investments in projects promoted or funded by Anglo Irish Bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: Would there be large contingent liabilities?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Peter Mathews: I hope it will be a conversation, with a mixture of speech and questions. I thank the witnesses for coming in. The story of how Anglo Irish Bank and the Irish Nationwide Building Society merged to become the IBRC is amazing. In 2006, in Davos, the world's richest, most powerful and so-called most intelligent people lauded Anglo Irish Bank as the best banking model in the world, with a...
- Other Questions: Children's Rights Referendum (25 Oct 2012)
Peter Mathews: Is the Minister happy to move to the next question?