Bring vulture funds into line, Fianna Fáil says

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VULTURE funds – who have snapped up thousands of home, farm and business loans – will no longer be "untouchable" thanks to a Fianna Fail Bill that is to come into force. The Government has.

Finance Minister to bring Fianna Fil proposals to Cabinet on dealing with vulture funds.. Two people who jumped into the River Liffey in Dublin to save a dog have been rescued.

A vulture fund is a hedge fund, private equity fund or distressed debt fund, that invests in debt considered to be very weak or in default, known as distressed securities. Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to gain a larger amount than the purchasing price.

Vulture funds: can more be done to protect mortgage borrowers?. Fianna Fail finance spokesperson, Michael McGrath. Photograph: Alan Betson / The Irish Times. and the PTSB says that in some.

The latest Tweets from Michael McGrath (@mmcgrathtd). Fianna Fil Spokesperson on Finance. Representing the people of Cork South Central in Dil ireann since 2007. Cork South Central

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Fianna Fil has today defended its bid to ensure the full regulation of so-called ‘vulture funds’.. Fianna Fil Bill ‘would send out a message to vulture funds’. "What this says is.

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‘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.

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Over 21,000 acres of farmland is controlled by so-called vulture funds in Mayo, totalling 19 parcels.. A Fianna Fail TD says the row over fishing rights between the Irish and Scottish governments has shocked fishermen here and left them worried about what’s to come.. Officials say Simon.

Fianna Fil TD for Sligo-Leitrim Eamon Scanlon says his party is committed to tackling the threat posed by vulture funds buying Irish mortgages. Fianna Fil has introduced a new bill to ensure that vulture funds owning irish home loans are regulated by the Central Bank of Ireland. Speaking in the.