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Seanad
‹ Order of Business

Banks and tracker mortgages

Summary

The Leader answered that the Government would hold the banks to account, but the exchange became heated over past political responsibility and communications spending. Despite interruptions, he insisted the banks must be treated as they have treated customers and that there can be no return to letting them act unchecked.

He ran out of the Department with his tail between his legs and consigned Mary Harney there for years.

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No new funds-----

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I will repeat it for the Senator again. Her great leader, her guru, spent €30 million on 115 reports and created the HSE, the bureaucratic quango that her people now have to say is in charge of the health system.

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Five million euro on PR.

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That is outrageous.

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Where we have agreement collectively-----

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There is no agreement on that.

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Gabh mo leithscéal-----

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Five million euro per year. It will probably be twice the amount next year.

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Denis O'Donovan An Cathaoirleach Fianna Fáil

The Leader should not engage in argy-bargy with Senators.

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I would remind Senator Wilson of his leader's famous list for the 2011 Seanad election before he comes back to me with anything.

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That is an outrageous comment. The Leader should withdraw it.

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I agree with all Members of the House that we must ensure-----

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Denis O'Donovan An Cathaoirleach Fianna Fáil

If there are any more interruptions, I will suspend the House for 15 minutes. We have a very busy meeting of the Seanad CPP this evening. This is outrageous. Sometimes the Leader actually draws fire from the other side because of his remarks. I ask him to continue and to try to direct his remarks through the Chair.

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I will. Senator Wilson knows I meant no ill-will towards him in my remarks. He knows well what the list was about, however.

On a serious note, we must ensure the banks are held to account and that there can be no return to them going native. They must recognise that they are dealing with customers, people, or citizens of our country. Their actions affect customers materially and in health-related, personal and social ways. They must be held to account.

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They could not care less.

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The point is that they have to care now, and they will be held to account.

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