Results 7,901-7,920 of 13,375 for speaker:Pat Rabbitte
- Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)
Pat Rabbitte: There is already.
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: He is worth every penny.
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: The word "historic" is overused but it is quite clear that what we are doing is historic, as is what is happening on Capitol Hill. Some things will never be the same again. What Deputy Burton's amendment and that of Deputy Bruton reflect is the concern across the world over the situation in which excessive greed on the part of the leadership of some financial institutions has landed the...
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: The first part of section 5 is effectively a sunset clause. Why is a timeframe of two years specified? Why is it not one year or three years? I especially ask this question in the context of the Minister's approach to Brussels. Is the intention to convey that the legislation is to deal with an emergency and is for an emergency period only? We have made several attempts to discover from...
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: Will the Minister be more clear with the House in terms of the admission of banks not headquartered in this jurisdiction? The statement he made in the first interview he gave on this yesterday morning made plain it was to refer to six institutions originating in this State. Now, he is stating that it will be wider than that, and it probably must be. How will the Minister ring-fence this?...
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: What is the criterion? Is it the depositor relationship or is it the origin of where they are headquartered?
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: The Minister said he may admit Ulster Bank. I am asking him what are the criteria for the non-six. For those outside the six, what criteria will be brought to bear when the Minister is deciding on the submission whether to accept them or not?
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: Will we receive a note indicating what the Whips have agreed in terms of the grouping of amendments?
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: The same Minister, former Deputy McDowell.
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: In what year was the Laurentiu case?
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)
Pat Rabbitte: I have heard of equity injections but this is a new approach.
- Written Answers — Greenhouse Gas Emissions: Greenhouse Gas Emissions (1 Oct 2008)
Pat Rabbitte: Question 51: To ask the Minister for Transport when he will publish the sustainable travel and transport plan; the measures he plans to include in the policy particularly in relation to addressing increasing transport greenhouse gas emissions; and if he will make a statement on the matter. [32525/08]
- Written Answers — Asylum Support Services: Asylum Support Services (1 Oct 2008)
Pat Rabbitte: Question 126: To ask the Minister for Justice, Equality and Law Reform the statutory body which has responsibility for providing accommodation to asylum seekers who have been evicted from direct provision facilities; and if he will make a statement on the matter. [32740/08]
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: There are people already in danger of losing their houses. We have been talking about this Bill as if it were imposed on us by global events and no other factors were at play. Reckless lending is also a factor. I had a case recently of a young couple who, when they signed for a 100% mortgage, were invited to subscribe for a loan for a car. My colleague, Deputy Jack Wall, instanced at a...
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: How could putting it in the legislation trammel the Minister in any way?
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: We could be here all day at this rate.
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: Amendment No. 19a.
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: I shall be very brief. One suspects that when this hurricane blows itself out the architecture of banking in Ireland and elsewhere will be very different from what we have known in the past. I want clarity from the Minister on this section, to which there are no amendments. It provides for the exceptional situation where the Minister considers it necessary to intervene and where, in such...
- Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)
Pat Rabbitte: With deference to colleagues, I shall finish now.
- Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)
Pat Rabbitte: Whatever the net value of the banks' assets at the end of the third quarter, there is no denying that we are providing an immensely valuable insurance policy for the liabilities of the named banks. There is no gainsaying that and whether it is â¬100 billion or â¬200 billion the provision being made in this Bill is immensely valuable. All Deputy Burton's amendment requires is that the...