75 Deputy Bernard J. Durkan asked the Minister for Finance the extent of change in banking structures and personnel in each of the banks or other financial institutions sought by him or brought about by circumstances arising from injudicious borrowing or lending which culminated in the National Asset Management Agency rescue plan; the job description, terms and conditions of employment in each case; if he is satisfied that the extent of administrative and personnel changes at top level is adequate to ensure a complete break in the culture that has existed which led to the ongoing banking crisis; if he has sought, taken or received advice from outside or internal sources in this regard; the steps he has taken or procedures put in place to ensure that properties disposed of now or in the future on the open market are not likely to be acquired directly or indirectly by persons, groups, bodies or agencies which may ultimately be the subject of the NAMA scheme or in any way qualify for a double rescue package; and if he will make a statement on the matter. [44905/09]

Summary

75 Deputy Bernard J. Durkan asked the Minister for Finance the extent of change in banking structures and personnel in each of the banks or other financial institutions sought by him or brought about by circumstances arising from injudicious borrowing or lending which culminated in the National Asset Management Agency rescue plan; the job description, terms and conditions of employment in each case; if he is satisfied that the extent of administrative and personnel changes at top level is adequate to ensure a complete break in the culture that has existed which led to the ongoing banking crisis; if he has sought, taken or received advice from outside or internal sources in this regard; the steps he has taken or procedures put in place to ensure that properties disposed of now or in the future on the open market are not likely to be acquired directly or indirectly by persons, groups, bodies or agencies which may ultimately be the subject of the NAMA scheme or in any way qualify for a double rescue package; and if he will make a statement on the matter. [44905/09]

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• Banking Sector Regulation.

  xml · EN · 3 December 2009

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