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- Engagement with Investment Funds: Motion [Private Members] (27 Sep 2018)
John McGuinness: ...not want to regulate vulture funds. In a visit by a committee delegation to the ECB over the past few weeks, we found that its officials never told the Irish banks to reduce their exposure to bad loans from 26%, and in some cases to 5%. They never instructed the banks in Ireland to sell to the vulture funds. They asked the banks to work out the loans with the individuals concerned but...