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#sell off
# sell-off - Wednesday 3 April, 2019
'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill
Officials were quizzed about their assertions the Bill is unconstitutional and would result in higher mortgage interest rates.
# sell-off - Friday 28 December, 2018
Varadkar says he's reluctant to use the term 'vulture fund' to describe firms that have bought up Irish mortgages
Varadkar says he tried to remove split mortgage-holders from recent loan book sales but failed to do so.
# sell-off - Thursday 6 September, 2018
Finance Minister says it's up to PTSB if it wants to appear before the finance committee over loan sale
Last month, PTSB sold its controversial Project Glas loan portfolio to an affiliate of the so-called vulture fund Lone Star for around €1.3 billion.
# sell-off - Saturday 18 August, 2018
'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund
‘Mary’ has been out of work since her cancer diagnosis. She had no idea her mortgage was to be sold to a vulture fund.
# sell-off - Tuesday 14 August, 2018
'We own some of the banks, but we don't run the banks': Minister says government can't stop vulture fund sales
Questions have been mounting as to where Finance Minister Paschal Donohoe is in the midst of this summer’s vulture fund sell off.
# sell-off - Wednesday 8 August, 2018
'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed
The bank has confirmed that performing loans and customers who have engaged will also be sold off.
# sell-off - Wednesday 1 August, 2018
Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund
The bank sold its controversial Project Glas loan portfolio to a so-called vulture fund for around €1.3 billion.
# sell-off - Tuesday 31 July, 2018
PTSB sells thousands of home loan mortgages to vulture fund
A total of 7,400 are owner-occupier mortgages, while 3,300 are buy-to-let properties.
# sell-off - Thursday 10 May, 2018
A 'difficult decision': Ulster Bank confirms it will sell 6,500 mortgages in arrears
Around 3,600 of the mortgages are private dwellings that have fallen in arrears.
# sell-off - Saturday 28 May, 2016
'I feel like an idiot. I should have just stopped paying my Ulster Bank loan'
The bank said this week it was selling 900 family homes as part of a loan book worth €2.5 billion.
# sell-off - Wednesday 3 September, 2014
Ulster Bank is selling a massive €1.7 billion Irish loan book
The bank is hoping to sell its non-performing loans while interest in the Irish market is strong, experts said.
# sell-off - Thursday 26 June, 2014
The verdict on Bank of Ireland's €250 million mortgage book sale
The sale of the performing mortgages to domestic player Dilosk was confirmed this morning.
# sell-off - Wednesday 19 February, 2014
No policy decision made yet on NAMA speeding up sale of assets, says Noonan
He said he’s asked NAMA to explore what the implications would be of bringing forward the sale as he said the market would be able to carry a big sale.
# sell-off - Thursday 20 June, 2013
Howlin: Conditions are not right for selling our stake in Aer Lingus
Public Expenditure and Reform Minister Brendan Howlin told an Oireachtas committee that “optimal conditions do not exist” for disposing of the government’s 25 per cent stake.
British chancellor hints at Ulster Bank sell-off
George Osborne told bankers last night that a review is to be carried out into breaking up Royal Bank of Scotland, Ulster Bank’s parent company.
# sell-off - Friday 3 May, 2013
For sale: State asset sell-off begins as Bord Gáis Energy invites bids
The energy arm of Bord Gáis Éireann is one of a number of State-run companies the government intends to sell-off in the coming year.
# sell-off - Tuesday 17 January, 2012
Government urged to protect Coillte amid more talk of State asset sell-off
The government’s share in Aer Lingus, the forestry agency Coillte, Dublin Port, and Bord Gáis are all under consideration for being sold off.
# sell-off - Thursday 8 December, 2011
Banker who suggests future NAMA sell-off appointed as advisory group chair
Michael Geoghegan is the former CEO of HSBC and will be the chair of the NAMA advisory group set up by the Minister for Finance earlier this week.
# sell-off - Friday 18 November, 2011
Budget leaks disclose detail of 'tyrannical' government proposals - Ross
Independent TD Shane Ross is among those to heavily criticise the government after details of forthcoming budget proposals were disclosed by TheJournal.ie today.
Budget leaks: State asset sell-off may not yield money for job creation Exclusive
The government has said publicly it wants to use State asset sell-off revenue for job creation but confidential documents paint a different picture.
# sell-off - Monday 17 October, 2011
Etihad approaches government over stake in Aer Lingus - report
The Department of Transport declined to comment on a report in today’s Financial Times.
# sell-off - Thursday 15 September, 2011
UNITE official fully expects ESB workers to vote for industrial action
Jimmy Kelly says workers had already indicated their desire to strike if the government tried to dispose of it.
# sell-off - Wednesday 14 September, 2011
UNITE to ballot members on industrial action over ESB sell off
The decision follows an announcement by the government today that it would sell off a minority stake in the state-owned utility company.
# sell-off - Sunday 6 March, 2011
AIB proposes operations split as Central Bank reviews plans for bank restructuring
The proposals form part of final plans for financial restructuring of Irish banks that have been submitted to the Central Bank.
Your say
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Poll: Should single parent families have two sets of parental leave?
THERE HAS BEEN a mixed reaction to the government’s decision to extend paid parental leave by three weeks due to the Covid-19 pandemic.
The extension applies to both mothers and fathers but there has also been calls this morning for single parent families to benefit.
Social Democrats TD Gary Gannon has said that children in single parent families should also be considered and benefit from the same amount of leave.
Two-parent families can now avail of a combined 10 weeks leave and Gannon says that the children of single-parents should also benefit from the same amount of time with a parent.
Poll: Should single parent families have two sets of parental leave?
Poll Results:
No (1913)
Yes (1363)
Don't know (248)
Share your story: voices@thejournal.ie
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Larry Donnelly: America's problems go far deeper than Donald Trump
By Larry Donnelly - @LarryPDonnelly
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