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Seanad: Order of Business (19 May 2009)

Paul Coghlan: I strongly support the remarks of Senators Fitzgerald and O'Toole regarding the role of this House and the scheduling of work and legislation. As the Leader is aware, there was a time when more than one third of legislation was initiated in this House. As speakers noted, NAMA is perhaps the most important subject matter with which we could and should deal at the moment. Very serious and...

Seanad: Order of Business (19 May 2009)

Paul Coghlan: Is there a turf war going on?

Seanad: Order of Business (19 May 2009)

Paul Coghlan: What about Mr. Boucher?

Seanad: Order of Business (19 May 2009)

Paul Coghlan: Absolutely.

Seanad: Order of Business (19 May 2009)

Paul Coghlan: The directors voted for them.

Seanad: Order of Business (19 May 2009)

Paul Coghlan: He is preparing the review.

Seanad: Order of Business (14 May 2009)

Paul Coghlan: Now that the recapitalisation of Allied Irish Banks is in place in addition to that of Bank of Ireland, we understand this is meant to improve the vital credit line to small and medium-sized businesses. What is the Government's response in this regard? As we know up to now approximately 60% of all such loan applications to banks are being refused. In line with what Senator Ó Murchú and...

Seanad: Order of Business (Resumed) (13 May 2009)

Paul Coghlan: I thought the Minister of State, Deputy Barry Andrews, explained why parts of the report have been blacked out.

Seanad: Order of Business (Resumed) (13 May 2009)

Paul Coghlan: Did he miss?

Seanad: Order of Business (Resumed) (13 May 2009)

Paul Coghlan: Hear, hear.

Seanad: Order of Business (13 May 2009)

Paul Coghlan: I support the proposed amendment to the Order of Business to discuss the Seanad's programme of work because Members' first duty is to the House to which they were elected. Sadly, what happened yesterday was disrespectful and, given the manner in which it has come across, it could be taken to be disgraceful. An apology should be issued because the Leader must work through consultation. It...

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: I welcome the Minister of State and wish him well with his new responsibilities. I have no doubt he will deal with all matters comprehensively and competently. I welcome the contents of this Bill but will comment on what it should also have contained. Like Senators Norris, Ryan and Cannon, everyone on this side of the House welcome this measure in light of recent developments. There have...

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: That is my intention. Page 18 of the document states: The Bill addresses a number of discrete issues relating to the effective enforcement of company legislation. It closes off the ability of banks to avoid reporting loans to directors made during the financial year, but otherwise cleared on reporting day. [That is very much to be welcomed]. The Bill will require all such transactions...

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: I join the Acting Chairman in extending that welcome.

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: I appreciate that.

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: It is not complete yet. Only one bank has been recapitalised.

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: The banks are not helping small businesses.

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: Hear, hear.

Seanad: Companies (Amendment) Bill 2009: Second Stage (Resumed) (7 May 2009)

Paul Coghlan: I had one only last week.

Seanad: Order of Business (7 May 2009)

Paul Coghlan: They would be better off playing the banjo than hurling.

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