Results 9,081-9,100 of 26,465 for speaker:John McGuinness

Financial Resolutions 2018 - Financial Resolution No. 4: General (Resumed) (19 Oct 2017)

John McGuinness: The Acting Chairman has a crystal ball.

Financial Resolutions 2018 - Financial Resolution No. 4: General (Resumed) (19 Oct 2017)

John McGuinness: I am not quite sure where the confidence and supply agreement begins and ends regarding a budget. I am no great fan of the arrangement, like many others around the country. If ever one needed evidence of lack of delivery on the part of a government, one need only look at this budget. One will hear the normal clichés trotted out - "missed opportunity" and so on - but it is clear...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: No. 5 on the agenda is engagement with the Central Bank of Ireland. Professor Philip Lane, Governor of the Central Bank, and his colleagues are very welcome. I wish to advise witnesses that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to the committee. If they are directed by it to cease giving evidence...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: To assist members with their questions, will Professor Lane respond generally to the various points in his opening statement regarding the limit of the Central Bank's powers? Does he identify this as an issue? Will he respond to the Taoiseach's comments yesterday on the possibility that further legislation may be required to improve and strengthen the hand of the Central Bank? Has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Deputy Doherty can come back in a second time. We must move on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: We will now take Senators Kieran O'Donnell, Colm Burke and Mulherin, in that order.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: What about the customer's position?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Does the Senator need a moment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: The Senator is thinking of constituents.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: It is amazing what comes first.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Time, Senator.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: If the Senator wishes, we can provide that information through the committee and will insist on getting a response.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Going back to Ms Rowland's remark that this is an opportunity for lenders to show they are different from what they were before, does she think they are showing signs of this?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: No, no. I am asking Ms Rowland, out of her experience in dealing with those banks, if she detects any difference in culture or attitude from them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: That is the problem. We can sit in these meetings for a long time and I feel we almost become conditioned again to the role of the Central Bank as it is. We are invited by the exchange almost to forget the human consequences that families have suffered. Following the long exchanges in today's meeting, I might forget the previous hearings we have had, but I will not do so. I will not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Under the ECB?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: But the Central Bank issues these banks with their licences.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: So it is the ECB, then, that we should be asking whether it is proud of these banks and the fact that they hold licences. Is that correct? Or is it the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Okay. If I go into a licensed premises and drink after hours, I will be in court and fined for breach of the licensing laws. If I go into a shop and steal a pair of socks, I probably will be in court the following Tuesday. I have the newspapers in front of me and can give the witnesses a sample of the headlines about the banks: "Tracker Scandal Litany of Shame", and "Why Nobody Will Stand...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

John McGuinness: Is that not what the banks did? They took people's money fraudulently. The banks made people pay back money to them for which they were not entitled to ask. On request, they did not return that money. After a number of years, we could describe it as the bank stealing the money from the people and not returning it. Is that not the basic position? It is not a question of legislation,...