Results 81-100 of 260 for nama speaker:Joan Burton

Central Bank Reform Bill 2010: Report Stage (30 Jun 2010)

Joan Burton: ...view on it. The purpose of it is to ensure that the Freedom of Information Act will apply to the new legislation. There is no doubt that in Irish society, bodies such as the Central Bank and NAMA and people like bankers, developers and friends of Fianna Fáil - however they are cast - wish to operate behind closed doors and veil of secrecy.

European Financial Stability Facility Bill: Second Stage (24 Jun 2010)

Joan Burton: ...a blanket guarantee, including the guarantees to the failed Anglo Irish Bank and the even more failed but smaller Irish Nationwide Building Society. We also have a debt overhang in respect of NAMA. We have passed the middle part of June. In discussions on NAMA, we were promised the revised business plan of NAMA would be published and available. We are approaching the end of June but we...

Written Answers — National Assets Management Agency: National Assets Management Agency (15 Jun 2010)

Joan Burton: ...the National Assets Management Agency reportedly continue to engage in significant property deals in other jurisdictions without making any serious attempt to discharge debts owed to the banks and NAMA; if his attention has been drawn to reports of certain high profile developers successfully relocating to other jurisdictions; if his further attention has been drawn to comments made by the...

Written Answers — National Assets Management Agency: National Assets Management Agency (15 Jun 2010)

Joan Burton: ...of the first tranche of loans to the National Asset Management Agency has been fully completed for all participating institutions; if a significant amount of loans scheduled for transfer to NAMA in the first tranche were subject to very significant discounts of up to 100%, due to the deficiencies of legal title and documentation; if the discount was then challenged by the credit...

Written Answers — Departmental Expenditure: Departmental Expenditure (15 Jun 2010)

Joan Burton: ...developer (details supplied); if liabilities to the National Asset Management Agency will be offset against the rent payable by the museum or Department on the lease if the developer is in the NAMA process; and if he will make a statement on the matter. [25289/10]

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Joan Burton: ...debt crisis. Those countries in a weaker financial state before the crisis have been left most exposed. Ireland's saving grace has been its relatively low stock of national debt, although when NAMA and so on are priced into the balance sheet, that situation will change. We have only a window of opportunity in this particular game and the headroom on our national debt is one of the few...

National Asset Management Agency. (28 Apr 2010)

Joan Burton: The figure mentioned - €3.538 billion - is quite a small amount of transfers, in the context of the draft business plan the Minister presented to the Dáil at the time of the NAMA legislation. According to the Minister's plan, more than half of all the loans should have been dealt with by now, as we come into May. However, just a tiny proportion of them have been dealt with. What is the...

National Asset Management Agency. (28 Apr 2010)

Joan Burton: Is the Minister disowning NAMA now?

Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)

Joan Burton: ...the businesses in Grafton Street to have to pay, for example, €300,000 to €400,000 per year for leases before the first customer comes through the door. Landlords can describe rent yields for NAMA purposes any way they like but in terms of long-term viability of businesses in Grafton Street, this is not on. The same is true of a person who goes to acquire a mortgage through a bank...

Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)

Joan Burton: .... Could the Minister explain that to us? Fianna Fáil's irresponsibility in this matter is grotesque. Both in the legislation relating to the covered institutions, and the legislation relating to NAMA, the Minister has more powers than have ever been granted by Dáil Éireann to any Minister for Finance because of what is recognised as a national financial emergency. The deductions from...

Banking System: Statements (1 Apr 2010)

Joan Burton: ...before the House the other day. The figures quoted by the Minister, which were given to us in supporting documentation, relate to the sectoral breakdown of tranche 1 in the transfer of loans to NAMA and they are seriously suspicious. Will he make an arrangement to have the Opposition briefed? He promised the other day that NAMA officials would brief the Opposition. Why was nobody from...

Banking System: Statements (1 Apr 2010)

Joan Burton: Will the Minister explain the meaning of this because NAMA was set up to deal with bad assets and loans?

Banking System: Statements (1 Apr 2010)

Joan Burton: According to his statements and the supporting documentation for the debate on Tuesday, €8.51 billion in loans has been transferred to NAMA but more than 70% of those loans relate to completed properties, which are earning an income. That means the bad loans remain for the most part in Anglo Irish Bank and in all the other banks. It means that we have a NAMA——

Banking System: Statements (1 Apr 2010)

Joan Burton: Is the Minister giving us a NAMA bad bank, which will take the best income earning assets? Is he leaving bad banks in each of the other banks in order that we now have five bad banks.?

Banking System: Statements (1 Apr 2010)

Joan Burton: The Minister did not let us meet NAMA.

Banking System: Statements (1 Apr 2010)

Joan Burton: Is that for the future? He did not let us meet NAMA.

Banking System: Statements (1 Apr 2010)

Joan Burton: No, it is not. I was told by the Minister's senior civil servants that NAMA——

Banking System: Statements (1 Apr 2010)

Joan Burton: A request has already been made to the Minister's officials in this regard. The senior deputy secretary seems to be in charge of NAMA.

Banking System: Statements (1 Apr 2010)

Joan Burton: The Labour Party has no nominees on the board of NAMA.

Order of Business (31 Mar 2010)

Joan Burton: ...number of unresolved issues. The Labour Party was only given short briefings an hour or two before the announcements yesterday. During the Minister's speech we were given the blue book about NAMA, but there are very many unresolved issues in it, including the valuations attached to what are described as investments and hotels which were not dealt with in the statements yesterday. People...