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Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Shane Ross: I support this amendment, but I deeply regret that it is necessary. One of the problems is that it should not be necessary to have an investigator. However, it is necessary because we are not being told anything about what has been occurring. To a large extent, this debate is taking place in a vacuum. People are outraged at the result but they do not know why it has occurred. Today in...

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Shane Ross: It is far worse for me.

Seanad: Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)

Shane Ross: I wish to share my time equally with Senators Quinn and O'Toole.

Seanad: Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)

Shane Ross: I was unfortunate enough to attend the extraordinary general meeting of Anglo Irish Bank last Friday as a very small shareholder and wish to say something about it in the limited time available. It was Irish corporate life at its worst. I spent today in the City of London where some people were aware of what had happened. The message sent to the City of London from that meeting was...

Seanad: Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)

Shane Ross: I am just finishing. The new appointee is a man who sat as part of the old guard of Irish banking for many years. It is an extraordinarily bad appointment because the message is coming through that a former chief executive of Bank of Ireland who also is a director of DCC and stood foursquare behind someone who was found to have engaged in insider dealing has been rewarded by being put in a...

Seanad: Order of Business (19 Dec 2008)

Shane Ross: I wish to add a few words to concentrate the minds on what happened last night. I gather that the Labour Party spokesman on finance has asked for a meeting of the Oireachtas Joint Committee on Finance and the Public Service on Monday to question the Financial Regulator and maybe others. This House should support that call, even though it is for Monday. Senator Healy Eames touched upon this...

Seanad: Order of Business (19 Dec 2008)

Shane Ross: ——that those responsible for it took the rap. We have a very serious situation which many Members of this House are very happy to ignore because the appalling vista of removing the Financial Regulator, which is necessary, is one that people are not prepared to tackle in the present circumstances. It is essential and we should do it. We should debate it and support the Labour Party's...

Seanad: Banking Sector Regulation (18 Dec 2008)

Shane Ross: I thank the Cathaoirleach for allowing me to raise this important matter, namely, the need for the Minister for Finance to outline the plans he has, if any, to put pressure on banks to make more funds available to small businesses. I do not know whether the Minister of State is aware that the Joint Committee on Finance and the Public Service met representatives of the banks, the Small...

Seanad: Banking Sector Regulation (18 Dec 2008)

Shane Ross: I ask the following question in view of the fact that the Minister of State has said nothing and I will give evidence for that. Phrases such as "The Tánaiste has been in regular contact", "Institutions have been asked to consider", "They are in discussions", "The Government is well aware" and "focus", which appears twice, mean nothing. The Minister of State says the Government will...

Seanad: Banking Sector Regulation (18 Dec 2008)

Shane Ross: It is a question.

Seanad: Order of Business (17 Dec 2008)

Shane Ross: The previous speaker raised a good point. I would like the Leader to answer a question I asked yesterday, to which I got no answer. There have been some great contributions here today. Senators Donohoe, Hannigan and others said that we should get relevant and talk about last night's interest rate drop in America. Those contributions will be ignored. We will not be granted a debate on...

Seanad: Order of Business (17 Dec 2008)

Shane Ross: The social partners are deeply embedded in the institutions of the State. It is not just a matter of them meeting the Taoiseach and telling him what to do, which they do anyway. Let me quote the example that has come up recently. Who is on the board of FÁS? There are four members of social partnership from the one side and four members on the other side, indulged, allowed, ignorant,...

Seanad: Order of Business (17 Dec 2008)

Shane Ross: Senator Cassidy's friends in Ryanair are not even in IBEC.

Seanad: Order of Business (17 Dec 2008)

Shane Ross: And it is not in the social partnership.

Seanad: Order of Business (16 Dec 2008)

Shane Ross: In light of what has come from all sides of the House today, we should have a debate on social partnership and whether it has served its use and is relevant any more. Senator Alex White touched on the fact that the Taoiseach will meet the social partners apparently to reveal an economic plan before he reveals it to elected and appointed Members of the Dáil and Seanad. This leaves us...

Seanad: Order of Business (16 Dec 2008)

Shane Ross: If the Cathaoirleach will indulge me, I wish to comment on the request for a debate about the banking sector. I was not at this morning's meeting which Senators Quinn, Hanafin and MacSharry attended. However, I watched every moment of it on the monitor. My abiding impression is that the bank representatives have learned nothing.

Seanad: Order of Business (16 Dec 2008)

Shane Ross: They came in with an absolutely prepared script and told lie after lie about what is happening. The small business representatives said they are unable to get money from the banks, while the latter claimed they are doling it out. The two cannot be right.

Seanad: Order of Business (16 Dec 2008)

Shane Ross: I am about to finish. We must decide whether we, as Deputies and Senators, should be treated with that type of contempt by people outside the Houses.

Seanad: Order of Business (16 Dec 2008)

Shane Ross: Hear, hear.

Seanad: Health Bill 2008: Second Stage (12 Dec 2008)

Shane Ross: I welcome the Minister of State back to the House. I am delighted she is here to listen to what Opposition Members have to say in this important debate, which is not necessarily about cuts. Members on both sides of the House understand the need for cuts across the board in public expenditure. There is no problem about that. What amazes me about this particular measure, however, is the...

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