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Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: Please, Deputy Durkan. The Taoiseach answered and discussed Deputy Martin's questions, but in 47 words there is a short story which says-----

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: A Cheann Comhairle, 47 words-----

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: Am I the only person who is not allowed to introduce a question?

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: I want to ask the Taoiseach about the policy of Bank of Ireland that is the legacy----

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: A Cheann Comhairle, thank you again.

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: Maybe the Taoiseach will give me leave to ask the question.

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: Deputy Broughan was-----

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: Taoiseach-----

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: Taoiseach, please do not say anything, because I did not actually present-----

Ceisteanna - Questions (Resumed) (2 Dec 2014)

Peter Mathews: That is the longest sentence. But seriously, I have 47 words about the investment of Wilbur Ross, who made a half-billion euro profit in two years and ten months. He was the most influential director of the bank and has left for America-----

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (2 Dec 2014)

Peter Mathews: Wilbur Ross took half a billion euro back to America in his back pocket.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: In the overall parameters, the two big banks each have total loan books of about €95 billion net of provisions in their overall lending. I am not talking about mortgage lending, but about their overall group lending. They are restricted from doing any seriously big expansion of lending of any type because they are still trying to correct the financial engineering of their balance...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: It does not matter.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: No, it does not. That is a rental yield of 7%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: Okay. In Germany, the yields on residential property are approaching 10%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: The 80% development tax was also an impediment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: There is income protection. That is when one gets sick. That is different.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: The market says it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: Residential lending.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)

Peter Mathews: Regulators were just another form of banker who left banking to become regulators.

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