Results 1,541-1,560 of 1,760 for speaker:Aideen Hayden

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: What I am trying to get at-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Okay. Before I ask a further question about the MARS process, I would love to know how many write-downs have been given to high value or high profile borrowers. Perhaps the witnesses can tell us how many write-downs are given to them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Perhaps I should have referred to write-offs.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: I will go back to the MARS. I understand the bank is in the process of rolling out the strategy. Will the bank publish its MARS solutions on its website? One of the difficulties borrowers have is a lack of clarity on what they have, or will have, available to them. The witnesses have said the strategy will be rolled out in accordance with the timelines agreed by the Financial Regulator....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: I apologise.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: I would like answers to the two questions I have just asked.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: I also asked about the timeframe.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Page 5 of the IBRC document refers to the bank's dealings with high profile borrowers. It goes on to state that it is willing to discuss in detail its approach to managing both performing and non-performing borrowers, presumably high profile ones, and the multifaceted governance that applies to all decisions in this regard without exception and so forth. It refers to debt restructuring...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Impaired loans now account for approximately 66% of the total loan balance. I refer to the section of the document dealing with mortgage debt. According to page 9 of the document, which sets out the profile of residential mortgages, the bank increased its specific provisions for impairment on the owner-occupied section of its loan book from €206 million on 31 December 2011 to...

Seanad: Order of Business (25 Oct 2012)

Aideen Hayden: I agree with Senator Harte's comments on the report of the Ombudsman, Ms Emily O'Reilly, into what is nothing short of an appalling treatment of older people in our society. I support his call for a debate with the relevant Minister on this matter. Senators Harte and Brennan ensure that there is unceasing support for County Donegal in the House. Therefore, I must on occasion be moved to...

Seanad: Order of Business (25 Oct 2012)

Aideen Hayden: And Wexford.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: More than for the residential sector.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: What I am saying is it is more likely to be successful than the residential sector?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: I would make one slight correction, that reputational risk was the big issue after Mespil flats. On some of my other questions, who is managing NAMA's 10,000 rental units? Were those 10,000 evaluated as social housing options?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: This is my last question. What tax changes does NAMA believe to be necessary for REITs to become a viable structure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: I welcome Mr. Daly, Mr. McDonagh and Mr. Mulcahy back again before the joint committee. We have now met on a number of occasions. As I am sure the delegates are getting tired at this stage, consequently, I will pick on something that might be a little different. In his opening statement I note Mr. McDonagh points out that NAMA does not believe in a "one-size-fits-all panacea for the...

Seanad: Order of Business (24 Oct 2012)

Aideen Hayden: I support the call from the Free Legal Advice Centres, FLAC, for a root-and-branch review of the Department of Social Protection's appeals procedures. According to FLAC's survey, not only are there lengthy delays in appeals against decisions, but a perceived lack of independence. To be fair to the Department, there were 51,000 appeals last year, twice the 2007 figure. Clearly, the...

Seanad: Junior Certificate Reform and the Literacy and Numeracy Strategy: Statements (23 Oct 2012)

Aideen Hayden: I also welcome the Minister to the House. In the main, I agree with many of the comments of many of the previous speakers, particularly those of Senator Barrett. My own experience of teaching has been very limited and was limited to university teaching. However, many of the difficulties one encounters at university level are the same as those one encounters at second level or at primary...

Seanad: Social Protection: Statements (Resumed) (18 Oct 2012)

Aideen Hayden: I fully accept that the limits were cut further by this Government and I argued against those cuts last year and will continue to do so.

Seanad: Social Protection: Statements (Resumed) (18 Oct 2012)

Aideen Hayden: However, the real cuts to the rent supplement budget were made by Senator Byrne's party in government. That is the bottom line and there is no point in crying crocodile tears about it now. I congratulate this Government for agreeing to transfer the rent supplement payment to local authorities and I urge the Minister for Social Protection to ensure this is done as soon as possible. Rent...