Results 10,801-10,820 of 12,886 for speaker:Paul Coghlan

Seanad: Business of Seanad (1 Oct 2008)

Paul Coghlan: I support what has been said by my colleagues. I, too, respect the Leader on this matter. He has come here on instructions, but sadly he has come here without reasoning, as Senator Ross has explained. All of us, as practical parliamentarians, know the position, given that the other House is still dealing with amendment No. 1 of section 1 of the Bill, to which the Minister for Finance has...

Seanad: Business of Seanad (1 Oct 2008)

Paul Coghlan: With respect——

Seanad: Business of Seanad (1 Oct 2008)

Paul Coghlan: Yes.

Seanad: Business of Seanad (1 Oct 2008)

Paul Coghlan: There are 28 amendments to the Bill and the Dáil is still on amendment No. 1 to section 1 and the Minister has not yet responded. Unless, as Senator Ross said, the Leader knows something and an amendment to the Order of Business will be proposed in the Dáil at 8.30 p.m. to introduce a guillotine, I think what the Ceann Comhairle said on the national airwaves is right. We understand the...

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: Absolutely.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: If necessary. The Minister acted decisively. Perhaps he had little choice. Apparently, a gun was put to his head on Monday night when some of the leading executives of our top financial institutions invaded Government Buildings, and people had to burn the midnight oil. As has been stated, we are acting in the national interest to safeguard our economy, to which the banking system is...

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: We need an approach of due diligence. No doubt the Minister will talk about that. This is a very important point. Is the State guaranteeing the overseas operations of our banks? Do we have sufficient regulatory control in terms of guarding against any future rustling? I also mention the ring-fencing of foreign banks operating here. I understand the Minister is looking into banks, other...

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: It is a nonsense.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: It is very wide.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: Good on the Senator.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: The Minister still has that power.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paul Coghlan: I, too, welcome the Minister to the House.

Seanad: Order of Business (1 Oct 2008)

Paul Coghlan: Will the Leader provide an assurance that all banks licensed and regulated in this country will be brought within the scope of the legislation that is due to come before the House later? Members are concerned that Irish taxpayers who are dealing with the institutions which, at present, are definitely not covered by the terms of the Bill should benefit from the protection it is intended to...

Seanad: Order of Business (30 Sep 2008)

Paul Coghlan: We are certainly living in times that none of us would wish for. Everybody accepts we must safeguard the banking system and everybody is agreed that the limit for deposit protection needed to be raised, as Deputy Richard Bruton pointed out a considerable time ago. However, we are now talking about a guarantee involving lending by banks. I support, as have other speakers, the call of...

Seanad: Order of Business (30 Sep 2008)

Paul Coghlan: We must know what protection is available for the taxpayer. In addition, what sort of provisions are in place for scrutiny involving both the Financial Regulator and the Central Bank? This is very important. We also need to know what is being done collectively to strengthen the banking system, perhaps by way of encouraging necessary mergers. I hope the Leader will be able to provide a...

Seanad: Order of Business (3 Jul 2008)

Paul Coghlan: I wish to be associated with the remarks of all speakers regarding the release from captivity of Ingrid Betancourt. I agree with the sentiments expressed. This morning we learned of the European Court of Justice ruling on the Derrybrien incident of a few years ago. This concerned environmental impact assessments and the fact that one was not conducted in that instance. It seems that the...

Seanad: Order of Business (2 Jul 2008)

Paul Coghlan: I accept Senator Butler's bona fides with regard to his concerns about the contractions taking place in the construction industry. As the Senator said, something is wrong in this area and the managers are being strait-jacketed by the Department with regard to this, that and the other programme. I have seen major programmes cancelled and I know something is wrong. That is all I will say on...

Seanad: Order of Business (2 Jul 2008)

Paul Coghlan: Today, the good people of Valentia and Malin are before the Joint Committee on Transport and I have no doubt they will get a good hearing. We must remind ourselves that these people have a sterling record of first class service to this State. In these straitened times of sharp economic downturn, we need to conserve resources and not waste what is available. If further specialised equipment...

Seanad: Order of Business (2 Jul 2008)

Paul Coghlan: Finally, a very important subject with regard to the protection and rights of children has been touched on in the House. The law is lacking. It is a most serious issue when it is taken up by the Director of Public Prosecutions, Mr. James Hamilton, the most senior law officer in the State. Senator Fitzgerald referred to a report in The Irish Times which states: Prosecutors find themselves...

Seanad: Order of Business (2 Jul 2008)

Paul Coghlan: That is a very important point. I look forward to the Leader responding on it.