NAMA Board receive huge salary increases - PS workers get cuts

[MPB]

*shakes head* -there are 400,000 people unemployed here for starters - i think some of them have financial abilities. All are availalbe all the time.

Our complicated billion euro organisations have been led up to now by incompetent, greedy, possibly corrupt, certainly incapable individuals, but yet still remain on in their positions.

There are several billion people in the world. Many don't know about Fianna Fail. Of these several billion there are many who run complicated billion euro organisations FAR better than ANY, i repeat, ANY irish bank was EVER run in this state.

ABN AMRO, RABOBANK to name but 2 are run better than ANYTHING here. And that's only in Holland! Jesus, you are SO deluded by FF propaganda!

ABN & RABO don't play games that FF want. They run themselves properly, with rules, within the law. That's why they aren't being asked to provide staff to our NAMA.

How many times have we bailed out AIB again?? And this time they were joined by BOI, PTSB, and of course the most useless, most corrupt, most greedy, most incompetent of alll - Anglo.

+1.

[Sync]

I would chair NAMA for nothing.

We are supposed to be a major recession. Tens of thousands have lost their jobs and yet the eliotes refuse to bear the pain. Typical selfish crap.

Then you should have applied when the roles were available. I'm sure your financial experience stacks up well against an ex head of the Revenue Commison and chair of taxation. They'd have jumped at the chance.

[inthemire]

He doesn't have to resign anything. He just has to be available without restriction. Same as any other job, if I contract someone to be available 24/7 to me, I don't care if they're working 3 other jobs as long as they're available when I need them.

edit: Chairman is Frank Daly who headed up Revenue. Has a good reputation in the business, and I remember the OECD saying nice things about him at one point/

Without restriction - so when Anglo have a board meeting, and he doesn't show, because he's down working with NAMA, the public should still pay him twice - for his nonarrival at Anglo and his arrival at Anglo.

You can't have it both ways, oh sorry....you CAN!!! It's the FF way!

Social & Family Affairs staff are delighted by the Minister finally recognising increased workload as being a reason for pay increases - with another 80,000 or so to come onboard the Dole this year, they're considering making a pay claim based on a "per capita" basis - should be interesting.

Or will they have their pay cut - AGAIN???

[inthemire]

D4 FFers will be very very wealthy while small man will starve

THey're actually not D4!! Most FF supporters live OUTSIDE of the urban areas because
1. their father and grandfather voted FF
2. their FF TD "Gets them the pension"
3. their FF TD "got them the headage payments" - wonder how this will pan out now that farms are pretty much knackered thanks to FF FAILED agriculture policies.
4. FF Vote reduced in Dublin and other Urban areas - will be fascinating to see how their vote goes next time around
5. Bertie/Charlie ran Dublin North Central and their vote held up - ever met a PS Messenger/Dail Usher - how many are from Dublin North Central?
6. FF know how to use the "blueshirt" agenda outside of Dublin. Most people in Dublin have NEVER gone to a constituency clinic, nor "used" their TD to fix the hole in the road, get the pension, get the form, get the passport...etc..etc..

[Sync]

Without restriction - so when Anglo have a board meeting, and he doesn't show, because he's down working with NAMA, the public should still pay him twice - for his nonarrival at Anglo and his arrival at Anglo.

You can't have it both ways, oh sorry....you CAN!!! It's the FF way!

He's not on the Anglo Board any more as that would be an obvious conflict of interest, but yes if he was on say the board of BurgerKing and chose to go to their meeting instead of a Nama one, that would be breach his contract from what Lenihan has said.

It's worth keeping in mind that Daly was only brought into Anglo AFTER the collapse, to assist Dukes et al steady it's sinking carcass.

[athlonedub]

Without restriction - so when Anglo have a board meeting, and he doesn't show, because he's down working with NAMA, the public should still pay him twice - for his nonarrival at Anglo and his arrival at Anglo.

You can't have it both ways, oh sorry....you CAN!!! It's the FF way!

Eh fact check - he resigned from the board of Anglo on his appointment to NAMA

[MsAnneThrope]

Ah, the bold Willie Soffe, former Fingal County Manager, is getting a pay rise too?

The same Willie Soffe who, in December 2003, said:

HOUSEHOLDERS face a significant rise in charges next year as local authorities struggle to fund the 80 million benchmarking bill. Although an additional once-off Budget payment of 30m was yesterday added to the 38m already allocated to fund the pay hikes, local authorities are still facing a 12m shortfall next year.

City and county managers have warned that staff will be laid off and increased charges as a direct consequence.

City and County Managers Association (CCMA) chairman Willie Soffe said that while they welcomed the one-off 30m allocation it will not cover all their costs.

"We will have to cut back on staff and increase charges to pay the benchmarking bill, " Mr Soffe said.

Examiner, December 4th 2003: Local authority shortfall to increase household charges

Then, amazingly, just 6 months later:

COUNTY councillors and local authority managers yesterday defended the increase in expenses paid to them over the past decade, totalling €116 million. Official figures show the payments have quadrupled with councillors earning over €25m in allowances and expenses last year compared to €6m in 1994.

The cost of sending councillors to conferences abroad came to almost €1.2m last year three times as much as it cost in 1994. And expenses and allowances paid to councillors over the past decade have risen by 318% nearly six times the average industrial wage. [...]

But the City and County Managers Association chairman Willie Soffe defended the increased payments to councillors and said they earned every penny of it.

Examiner, June 11th 2004: Councillors defend €116m rise in expense payments

'Fair play to ya Willie!'

[Oldira1]

Then you should have applied when the roles were available. I'm sure your financial experience stacks up well against an ex head of the Revenue Commison and chair of taxation. They'd have jumped at the chance.

Well as someone who has won plenty of cases against said Revenue Commissioners I am sure they would.
Anyway is this Mr Daly on a state pension as well? Could it be a six figure one?

Is it not sheer greed to demand such a salary whilst on a pension? He is hardly stuck for a few bob.

[inthemire]

Eh fact check - he resigned from the board of Anglo on his appointment to NAMA

Sorry, thanks for that! Anyone know on what other boards he sits?

[Oldira1]

by D4 I am referring to the Cabal of Lawyers and Others of the professional classes that are aligned to FF and will over the course of the next few years bleed this taxpayer dry via NAMA fees and appointments to boards and quangos

D4 is very well populated by professional FF'ers

(and remember Dublin voters fell for Haughey, Ahern, Burke, Lawless.... shall I continue in checking your anti-bogman rant?)

Exactly. First NAMA contract awarded to PWC. Tax partner of said firm is a personal advisor to Brian Lenihan. PWC also acted as Bank of Ireland auditors!

This golden circle make a mafia family look positively benign.

Fine Gael are not much better hence their silence on the whole fee issue.