Results 1-7 of 7 for nama speaker:Frank Feighan

Seanad: Project 2040 and Transport Matters: Statements (20 Sep 2018)

Frank Feighan: ...of thousands of paying visitors every year, is two miles from Boyle but there is no hotel infrastructure in the town. The downturn following the boom has meant that nobody will build a hotel because one can buy one from NAMA for a fraction of the price. I am trying to get the local authority involved. I understand that funding cannot be given to a private developer but there must be...

Joint Oireachtas Committee on Transport, Tourism and Sport: Tourism and Competitiveness Strategy: Discussion (9 Nov 2016)

Frank Feighan: ...houses and hotels. Most of them did not make money and the banks have taken them over and sold them off cheaply. It has probably been a huge problem for hoteliers because it is a non-level playing field where NAMA or the banks are paying for these hotels. We are in a town now with no hotel. It is the same in Ballaghaderreen, Castlerea and other small towns. If we want to get tourists...

Loan Guarantee Scheme: Motion (Resumed). (20 Oct 2010)

Frank Feighan: ...the banks are controlling the Government's actions. The sooner the Government wakes up to this the better. Many people cannot sell their assets and release credit because they are competing with NAMA-held assets. I know one man who wanted to purchase a factory site near me. He was warned by his accountant not to buy it as there would be many more empty sites around the country for half...

Central Bank Reform Bill 2010: Second Stage (Resumed) (28 Apr 2010)

Frank Feighan: ...are over. The country cannot afford to pay it. We must now wear the green jersey and get ourselves out of this mess. We are where we are, as everyone says. AIB, Bank of Ireland and so on are in NAMA and we should support them. These banks need money and there is a lot of money out there. There are unions and industries that have money, and many people have deposit accounts. I am...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (7 Oct 2009)

Frank Feighan: I cannot support the Government's NAMA approach to resolving the banking crisis. It is very unfair to taxpayers and the public, who should not have to take responsibility for the reckless behaviour of developers, banks and even the Government. Unfortunately, for many reasons NAMA is not the solution to the banking crisis. First, NAMA remains a secretive tax-funded politically directed...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (7 Oct 2009)

Frank Feighan: .... This is wrong. People should be able to pay their way and should do so. Those who have lost should not be able to cop out or be bailed out. Billions of taxpayers' money will now be paid into NAMA to bail out the banks. One of NAMA's chief goals is to get money flowing to businesses again. However, I believe the terms of reference are being weighed in favour of the banks and the big...

Requests to move Adjournment of Dáil under Standing Order 32 (16 Jun 2009)

Frank Feighan: I seek the Adjournment of the Dáil to consider a mater of national importance, namely, the terms of the reference which NAMA has laid down to the banks in terms of making capital available to businesses. These terms of reference are weighed totally in favour of big builders and are excluding small and medium enterprises with the loss of thousands of jobs.