S
SteveS
Guest
Did anybody else see leaders questions on the 17th of October were the personal insolvency bill bank veto was discussed. Enda Kenny stated that "there was no veto in there" when the bill becomes active on the first of march next year and also stated that the banks do not have a veto in another enagaement with the same minister Michael Martin.
I dont know if this is all just a play on words where everybody in the country calls the voting right of the banks and lenders both unsercured and sercured, a veto and the government being the only ones that dont define this facility as a veto but if it is true, it seemed to me that the banks were not getting to call all the shots and be in complete control in this bill as was orginally understood and transcibed when published. Based on Enda Kenny's Statement on the matter.
The above is probably just a desparate hope/observation of someone who will be availing of the bill regardless when it is available (dont have any choice)but I wanted to get the views of any interested parties.
For reference I new to the site so cant yet post urls but the above mentioned leaders questions can be found on the RTE player on the 17th of October and the piece I an refering to primarily between the 15 minute and 17 minute of the session.
I dont know if this is all just a play on words where everybody in the country calls the voting right of the banks and lenders both unsercured and sercured, a veto and the government being the only ones that dont define this facility as a veto but if it is true, it seemed to me that the banks were not getting to call all the shots and be in complete control in this bill as was orginally understood and transcibed when published. Based on Enda Kenny's Statement on the matter.
The above is probably just a desparate hope/observation of someone who will be availing of the bill regardless when it is available (dont have any choice)but I wanted to get the views of any interested parties.
For reference I new to the site so cant yet post urls but the above mentioned leaders questions can be found on the RTE player on the 17th of October and the piece I an refering to primarily between the 15 minute and 17 minute of the session.