Results 9,601-9,620 of 11,864 for speaker:Ivana Bacik

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: We were all disappointed - that is an extreme understatement - at the decision of AIB and Bank of Ireland not to pass on the rate cuts. Their decision has made the move towards legislation much more likely. The words of the Tánaiste on "Six One News" last night were clear.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: It is not a case of simply ringing the Financial Regulator for his view.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: If Senator O'Brien would let me speak on this-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: He is looking for some indication.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: Can I say-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: The Tánaiste made it clear yesterday that the Government has asked the Financial Regulator what further powers he needs. When he comes back and tells us what powers he needs-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: -----the Government will then be in a position to legislate to provide for those powers. The banks have made this necessary.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: As I said before, I am rather apprehensive about Fianna Fáil's rush to legislation on banks and financial services.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: It is very hard-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: I did not interrupt Senator O'Brien. It is outrageous that the banks are not passing on interest rate cuts to their customers.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: Many of us here are mortgage holders-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: -----and we appreciate, personally and on behalf of friends and family, the hardship people are facing.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: We want to do something about it.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: We have made very clear to the banks-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: -----what we will be doing.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: That has been set out very clearly.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: The Government's position-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: The Government's position is set out very clearly. The banks cannot be allowed to get away with this.

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: It is hard to take righteous indignation from the other side of the House on this issue-----

Seanad: Order of Business (10 Nov 2011)

Ivana Bacik: -----and it is hard for mortgage holders, who are pressed-----