Results 9,701-9,720 of 21,149 for speaker:Mary Lou McDonald

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Is there any chance that PIMCO or Brown Rudnick might have had, I do not know, a conduit or some additional debtor information from some source that might have informed their choice or shaped their take on this?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Did Mr. Collison believe them? Does he believe them now?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: But reverse inquiries of this type?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Can they cite another example where a reverse inquiry was premised in this way-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: -----in terms of bundling up debtors from a specific geographic location?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Had that ever happened before?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: No, I want to know did that ever happen before.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Right. Has it happened subsequently?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: I am looking at some of the information. I must ask who came up with Eagle. Who code names these?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: I was looking at other ones. They are fairly class names: Saturn, Quattro, Aspen, Chrome, Holly. Maybe the latter was around Christmas time, was it? No, it was quarter one of 2014.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: It was somebody with a good imaginative capacity.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: They cite all of these, and that is fine. Let us take Quattro. This particular transaction, with a par value of $200, was a collection of hotels located along the east coast of the United States. It is based on asset location. I understand investors moving, and a rationale for all of that, but it strikes me as singular of Brown Rudnick, not to make an approach to NAMA which is fair...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: No, it was more than that. It was not about where are the assets. If they were-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Hang on. If they were looking at the North and saying, "Well, this has bottomed out. They are in trouble there. They only way is up.", I can understand viewing the assets in that location, but that is not what happened. They were quite specific that it was about the debtors.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: Let me cut to the chase here because maybe Mr. Collison is politely side-stepping what I am thinking. It strikes me in this singular focus on the debtors in the North that it would have been in the interests of persons with connections with those debtors in the North perhaps to have had them bundled up and acquired by an appropriate entity. It strikes me as odd when one considers that Mr....

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: We may need their help.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: I am not disputing that but I am also thinking out loud. Somebody referred to that earlier, that it also would have been a neat vehicle for those debtors who wanted out from under NAMA. Would it not?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Mary Lou McDonald: I am merely highlighting that it strikes me so.

Questions on Proposed Legislation (20 Oct 2016)

Mary Lou McDonald: I ask about the help to buy scheme, which is part of the finance Bill to be published today. The scheme, which will provide a rebate of income tax over the four previous years up to 5% of the purchase price of new build homes, is a deeply flawed and dangerous scheme. Before the Government pressed ahead with the launch of this scheme last week, the overwhelming majority of expert opinion...

Leaders' Questions (20 Oct 2016)

Mary Lou McDonald: The Minister has not answered my question.