Results 13,121-13,140 of 19,173 for speaker:Shane Ross
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: That it is a patsy in this particular game?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: That is what it looks like to me, I must say. It looks to me like there are so many coincidences happening here. Big players are withdrawing, another lot are coming in with a bid which they know will not succeed, and one group gets through the hoops by €1 million, a tiny amount. That is not competition. I still cannot understand how, when NAMA saw this, it could say there was...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Very familiar.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: That is what it looks like to me, and I think that theory should be entertained. After all this extraordinary fuss, an investment house from America, which is really a vulture fund, took the Project Eagle portfolio. Does NAMA not feel a bit uncomfortable that Cerberus is coming at it again for Project Arrow?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: They buy up distressed assets. That is what vulture funds do.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: That is what Cerberus does.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Does Mr. Daly believe that Cerberus is flipping NAMA's portfolio now? Mr. Daly said they were going to make a profit of 7% or 8%.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: That is what you say, but I am not sure whether Cerberus is saying that.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: I am just finishing up.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Unfortunately, considering its history, Cerberus is still going to raise its heads again in this bid. What about Goldman Sachs? Why did it pull out?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Yes.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Okay. I am finishing now. Having listened to Mr. Daly, I think I would stand by what I said earlier. Obviously, NAMA's integrity is not in question. Nobody questions that at all, but on this deal, NAMA has done the taxpayer absolutely no service at all and it should be making a victim impact statement here rather than appearing as a witnesses.
- Written Answers — Department of Justice and Equality: Garda Deployment (29 Sep 2015)
Shane Ross: 376. To ask the Minister for Justice and Equality her plans to provide a community garda in Sandyford village, County Dublin. [33120/15]
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: Why has it chosen not to do that?
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: Is that out of line with what the others do?
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: It is quite a difference, is it not?
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: Okay.
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: You describe these staff as "supernumerary". Is that a recognised category or a judgment which you have made?
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: They are doing nothing.
- Public Accounts Committee: Business of Committee (24 Sep 2015)
Shane Ross: Are they staying at home?