Results 1,221-1,240 of 4,928 for speaker:Peter Mathews

Written Answers — Department of Environment, Community and Local Government: Irish Water Remit (4 Nov 2014)

Peter Mathews: 1039. To ask the Minister for Environment, Community and Local Government regarding Irish Water, if he will confirm that citizens will be charged for a call out and leak fix should it be necessary; and if he will make a statement on the matter. [41627/14]

Written Answers — Department of Foreign Affairs and Trade: Overseas Development Aid (23 Oct 2014)

Peter Mathews: 154. To ask the Minister for Foreign Affairs and Trade if he will approach Irish third level institutions regarding the contribution they may make to the setting up of Gaza scholarships, especially in the fields of medicine and nursing, horticulture and engineering, as a serious means of aid to the rebuilding of Gaza; and if he will make a statement on the matter. [40778/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: Does Mr. McDonagh remember the question I asked about doing the ledger work for NAMA? Many of the banks were doing it, now Capita is doing it, and so on? Were the banks paid for doing that work?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: They should not have been because they are not carrying out proper commercial policy themselves in writing down their own loan masses to collectable receivable amounts. NAMA has disposed of approximately €17 billion worth, at cost, of assets out of the €32 billion, leaving approximately €14.5 billion or €15 billion at cost. Is the income off those remaining...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: It does not want to run out of fuel.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: It does not want to make the non-sales cash flow too thin.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: After four hours my head is hardly able to recognise anything.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: The question is this: when we are having these updates, can we please have a reminder of the big-picture engineering. Why is NAMA treating this as the dissolution and resolution of a financial problem of solvency for the banking system? That is why NAMA is on course to sell the assets. NAMA Wine Lake is brilliant stuff. I do not know how the author does it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: No; he has even got better.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: It is well worth it. It is only €25 for four issues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: If Mr. Daly gives me his e-mail address, I will forward it to him.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: Deputy Mulherin mentioned the John Flynn case, which is interesting because of the judgment of Brian Cregan. That is a final judgment. I do not know whether NAMA is thinking of appealing it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: I read it and it is a great judgment that is watertight. Lloyds sells 4,000 Irish non-performing mortgages. The Chairman will be interested in this.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: Can I have two seconds? Will Deputy Murphy give me some time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: This is the collegiality of the Independents.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: Lloyds sells 4,000 Irish non-performing loans. Lone Star controls mortgages representing 5% of all outstanding mortgages in Ireland. It got its first bite for €1.1 billion. These guys are unregulated and we want to know what is happening. Mr. Daly mentioned having sold 28 out of 137 hotels. Ten of them were in the Moran hotel group and Canyon Capital is flipping ten of them after...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: They are loans to Ulster Bank and AIB.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: What I am saying is that these investors are awash with dollars with which they buy euro because they are speculating that the dollar will fall. The dogs in the street in the financial markets know that the dollar is due for a fall. That is why there is an active market in the financial assets that NAMA is selling. If there were no American funds with dollars buying euro, there would not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: I know. It shows my generosity.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Peter Mathews: I am sure he will, to counterbalance his previous form. Let us go back to fundamentals. NAMA, at the beginning, was to be the way of harbouring the solvency dangers to six Irish-owned banks in order that liquidity could begin to flow by other methods. That means loans with a par value of €76 billion were parked in NAMA under this model, although Hank Paulson, Ben Bernanke and Tim...