Results 1,101-1,120 of 23,109 for speaker:Paddy Burke
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: I asked a specific question as to whether anybody lost his or her job over this but nobody lost-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Professor Lane is not answering my question so I will move on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Professor Lane said that the number of customers affected by the tracker issue has risen to 37,100 and that the Central Bank is responsible for that. I would contend that this would not have happened at all were it not for the relentless pressure from this committee on the Central Bank and on the various banks that we hauled in here, month after month. Eventually, the Minister for Finance...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: When NAMA was being set up in 2010, the then Minister for Finance, the late Brian Lenihan, said that there would still be a need for 25,000 houses per annum. The Central Bank has all of the information at its disposal, in terms of the wages people are earning, rates of unemployment and so on. What recommendations did the Central Bank make to the Government? It has laid a lot of blame on...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Does the Governor think that the price of an average house is too expensive? Is there enough competition among banks to enable people to secure loans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: The normal pillar banks are AIB, the Bank of Ireland and Ulster Bank. The PTSB has told us that it cannot lend to developers to develop houses. If a person has two sites he or she cannot get funding from the PTSB to build two houses because of the regulations that the Central Bank has put in place. Basically, lending is limited. An ordinary person or small developer who wants a mortgage...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: The Governor has said that equity funding is a good idea. Does he not think it is also a bad idea because equity funds buy up all the sites and there is no competition?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Cairn Homes has between 12,000 and 15,000 sites in the city of Dublin and I cannot see how that can be positive.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Earlier today the Royal Bank of Scotland was fined $5 billion by the United States for selling some bad products. Did the RBS sell the same type of products in this country? If so, were fines imposed on the bank? Will Ireland have to pay a portion of the fine?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: We, as a committee, have tried on numerous occasions to get representatives of the vulture funds to come in here. Is there anything in the armoury of the Central Bank that can help us to bring the vulture funds before the committee? The vulture funds operate in the system and I am sure they are governed by some Central Bank regulations. Is there anything the Central Bank can do to help...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Correct, yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: The President of the High Court, Mr. Justice Peter Kelly, said that one had to be either very rich or very poor to get to the courts to get justice. This could apply to many people in the SME sector too. I am sure the Central Bank would agree that everybody should have a good and well-funded pension. Members of the Oireachtas recently received a lot of mail from staff of Irish Life, where...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)
Paddy Burke: Will Professor Lane come back to the committee with recommendations?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: I welcome the witnesses. Whose responsibility was it to have informed Vicky Phelan?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: So the responsibility lies with the HSE.?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: In all the other cases the State Claims Agency is dealing with, the HSE should have come back.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: To return to Deputy Michael McGrath's point, there is surely responsibility on the HSE to have put its hands up early on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: How does mediation work? When does the HSE notify the State Claims Agency that there is a case or that it might have a case in respect of which the agency might help with mediation? Does the client have to initiate legal proceedings against the HSE before the State Claims Agency is notified? How does the whole thing operate?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: Did Vicky Phelan issue proceedings against the HSE and the laboratory at the same time?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: State Claims Agency: Discussion (8 May 2018)
Paddy Burke: She did.