Results 6,361-6,380 of 9,823 for speaker:Thomas Byrne
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: There would still be a liability in respect of the borrower. Perhaps some people are saying that mortgage indemnity insurance policies were there during the boom. I thought they disappeared some time around the late 1990s and early 2000s. Five years ago, a very senior bank official told me that had mortgage indemnity insurance policies been standard during the boom, the banks would not be...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: I got my mortgage in 2003 and I certainly did not pay for mortgage indemnity insurance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: AIB.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: I must go to the Seanad soon so I will probably have to leave before the witnesses conclude their replies. I was not expecting to hear what I am hearing on this issue. I thought this was a no-brainer, which is the impression given in the media. The thought occurred to me this is like a "Prime Time" or "Five Seven Live" Christmas special, with all of the top financial guests here today and...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: The people who may benefit from or who may be the targets of such a scheme may not have substantial pension funds to draw down.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: Would Mr. Burgess include those working in the public service, who do not have defined funds?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Thomas Byrne: Yes.
- Seanad: Flood Management: Statements (27 Nov 2014)
Thomas Byrne: Ba mhaith liom mo bhuíochas a chur in iúl don Aire Stáit as teacht go dtí an Teach arís agus as an obair chuiditheach atá ar siúl aige. The Minister is doing constructive work here on flooding. The OPW has always been a very constructive organisation and seems to operate well. Thinking back to former Ministers of State who have had responsibility for it,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: Would there not be a vote of the governing council as to whether they should attend?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: Will Professor Honohan table a motion before the governing council or do whatever is necessary to start the ball rolling?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: Yes, perhaps we should. There was a great deal going on at that time. Professor Honohan-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: -----telephoned "Morning Ireland" on the morning in question from Frankfurt. He was over there, as part of his role, representing the country. However, he had another role and a separate commitment to the European Central Bank. On the day following the "Morning Ireland" interview, it was widely perceived that we had entered a bailout and that everything was sorted. We were grateful to the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: Professor Honohan has said a number of different things. He first stated that his colleagues were not minded to attend the inquiry. Then he stated that he did not really know the position. How does he know that they are not minded to attend? Have they informed him that they are not going to come to Dublin and that he can forget about it? Has a discussion-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: More or less like that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: They stated that they could not be bothered coming to the inquiry.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: They are not minded to come. I would certainly urge Professor Honohan to approach his colleagues and ask them to attend. We want to know what happened. Apart from our own problems, we seem to have been part of a geopolitical event.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: I have no doubt that we will find out everything possible from the Professor Honohan and the Central Bank of Ireland. The committee has powers to obtain the necessary information. However, I am concerned about the European Central Bank - Professor Honohan is a member of its governing council - and what it was doing at the time of the bailout. Is Professor Honohan not of the view that he...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: Professor Honohan said there were no discussions-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: Why was it necessary for Professor Honohan to go on "Morning Ireland" on the day before Trichet threatened us with the removal of funding?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Thomas Byrne: However, Professor Honohan was in Frankfurt.