Results 721-740 of 4,928 for speaker:Peter Mathews
- Leaders' Questions (22 Apr 2015)
Peter Mathews: And the other banks. It was the whole sector.
- Order of Business (21 Apr 2015)
Peter Mathews: Bankruptcy is bankruptcy, just as when a person is dead, he is dead.
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: In case I was muddled in my initial contribution, I wish to clarify that AIB reported profits of €1.1 billion for last year, as against a loss of €1.7 billion for the previous year, a turnaround of €2.8 billion. Similarly, Bank of Ireland reported a profit of €920 million in 2014 and a loss of €500 million in 2013, representing a turnaround of €1.5...
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: The banks are selling loans, spanning 30 years, to financial funds in the American markets, denoted in dollars which is a strong currency, which are mopping them up. Those who will be paying monthly instalments for 35 years do not realise their payments are being channelled and funnelled through the financial markets to funds which have bought their loans.
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: I ask for the Acting Chairman's forbearance to make one final point. The loan my wife and I took out with one of the duopoly banks was securitised, without much notice. We received a little note on it in the post and, as I had a lot of experience of banking, I knew what it meant. When we paid off the loan in full, the bank was unable to find the title deeds to our house because as a result...
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: History shows that the rate should never exceed 1%.
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: Go for it.
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: I would instruct them, not discuss the matter with them.
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: I welcome the Minister for Finance, Deputy Michael Noonan, to the House and thank the Ceann Comhairle's office for selecting this Topical Issue for debate. It concerns a hugely pressing issue for hundreds of thousands of households in this country. As public representatives, we must always seek to convert statistics and figures to give us a sense of how they impact on people. The Minister...
- Topical Issue Debate: Mortgage Interest Rates (16 Apr 2015)
Peter Mathews: I understand the rules, Acting Chairman, but this is an issue of national importance. In the space of a year, the bank turned a loss of €1.7 billion in 2013 into a profit of €1.1 billion, a turnaround of €2.8 billion. The Minister knows well that this is all to do with the manipulation of provisions. It is not to do with the health of the bank or its normal operating...
- Fair Pay, Secure Jobs and Trade Union Recognition: Motion [Private Members] (15 Apr 2015)
Peter Mathews: Hear, hear.
- Leaders' Questions (15 Apr 2015)
Peter Mathews: Hear, hear.
- Leaders' Questions (15 Apr 2015)
Peter Mathews: If that is the case, the Government should do something about it.
- Written Answers — Department of Finance: Mortgage Interest Rates (15 Apr 2015)
Peter Mathews: 169. To ask the Minister for Finance if he will consider protecting the 300,000 variable rate mortgage holders by lowering the variable rate of interest to 2.5%, which is currently the average rate in the eurozone; and if he will make a statement on the matter. [14605/15]
- Order of Business (2 Apr 2015)
Peter Mathews: What I want to ask, and how I want to ask it, is in an omnibus sense, wide reaching across many areas of legislation. The collective bargaining legislation is coming soon. Three Private Members' Bills have been dismissed and watered down. Could I have the Tánaiste's attention? Our country is still burgeoning with distress over many areas. Some 300,000 variable rate mortgages-----
- Order of Business (2 Apr 2015)
Peter Mathews: It is a question on legislation. There is large-scale homelessness and there are deeply distressed mortgages leading to repossession.
- Order of Business (2 Apr 2015)
Peter Mathews: The Government has one year left out of a five-year term and the biggest majority ever in the history of the State.
- Order of Business (2 Apr 2015)
Peter Mathews: It is.
- Order of Business (2 Apr 2015)
Peter Mathews: I have a list of A, B and C legislation. I am asking the Tánaiste to turbo-charge and concentrate the effectiveness of what is on the tracks.
- Order of Business (2 Apr 2015)
Peter Mathews: The Government is going at the same pace as if nothing had changed seven years ago. The country is in the work-out stage, like a post-war stage of reconstruction and the methodology of dealing with it is ineffective.