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Mafia-style heists and darker downsides: The week in quotes

“Can you say that in English, please?”

By Nicky Ryan Sunday 12 Jan 2014, 7:00 PM
Jan 12th 2014, 7:00 PM 6,752 Views 4 Comments
https://jrnl.ie/1261017

IT WAS A week when Ireland made its first post-bailout return to the bond markets.

It was revealed that Irish Water spent €50 million on consultancy fees  last year, and the niece of fashion designer Ralph Lauren made a surprise visit to Ireland.

All that and more, it’s the week in quotes:

Mafia-style heists and darker downsides: The week in quotes
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  • The week in quotes

    "As you are aware, we have been concerned about the possibility that, under the terms of the enclosed Deed, we might become liable to the Minister for some economic consequences of the failure of another covered institution." — The concerns of former Chief Executive of Anglo Irish Bank, David Drumm, were revealed in newly released letters relating to the bank guarantee. Source: James Horan/Photocall Ireland

  • The week in quotes

    "[A] mafia-style heist of one of our most vital resources and pieces of infrastructure." — TD Richard Boyd Barrett of People Before Profit criticised Irish Water over the €50m it spent on consultants over the last year. Source: Laura Hutton/Photocall Ireland

  • The week in quotes

    "All departments are working closely to make sure we give assistance where it’s needed most." — Junior Minister Brian Hayes, who has responsibility for the Office of Public Works, said more funding will be provided to areas hit by severe floodinSource: Laura Hutton/Photocall Ireland

  • The week in quotes

    "In cushioning the impact of the loss of market confidence resulting from the crisis, the [bailout] programme did no more and no less than was promised on the tin." — In an address to a European Commission, Central Bank Governor Patrick Honohan said that while the bailout is effective, 'the rest is up to us'. Source: Mark Stedman/Photocall Ireland

  • The week in quotes

    “Can you say that in English, please?” — Jennifer Lauren, niece of fashion designer Ralph Lauren, didn't quite understand Gardaí when she was arrested over an incident on board a flight that was diverted to Shannon Airport. Source: Niall Carson/PA Wire

  • The week in quotes

    "There could be an even darker downside. Which is the fact we’ve seen issues around parades and flags lead to political and social unrest, and even violence in some cases. And a conditioned stagnation or stalemate on these issues could fuel more protests and could fuel rejectionists on both sides of the spectrum." — The Vice-Chair of recent flag and protest talks in Northern Ireland Meghan O’Sullivan warned of the effects of a continued stalemate on these issues. Source: Paul Faith/PA Wire

  • The week in quotes

    Our focus here is exports and jobs, clearly that is the focus.” — Minister Richard Bruton dismissed criticsm that human rights abuse in Gulf States should be raised during Ireland's trade mission to the region.Source: Laura Hutton/Photocall Ireland

  • The week in quotes

    “Not so much the elephant in the room but a herd of elephants.” — That's how former President Mary McAleese described the issue of homosexuality in the Catholic Church, sparking debate.Source: Photocall Ireland

  • The week in quotes

    "Today’s transaction is a real success that cements Ireland’s return to the international debt markets and provides a strong platform for bond auctions in 2014." — NTMA Chief Executive John Corrigan praised Ireland's return to the bond markets, which raised €3.75bn. Source: Sam Boal/Photocall Ireland

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Nicky Ryan
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nicky@thejournal.ie

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