Results 23,021-23,040 of 35,959 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Why do you find it surprising?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: No, I understand that. I accept that Mr. Trichet-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Just finally ... just one-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Okay. One last question is, in relation to the Credit Institutions (Financial Support) Scheme, which the banks that were guaranteed signed up to and gave effect to the guarantee, there is ... one of the paragraphs there allows for the Minister to amend the terms and condition and also to discontinue the guarantee for any financial institution if it weren't keeping with the objectives of the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: No.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: No.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: No.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: But the Minister ... just to clarify there, it's article 8, which says:The Minister may review and vary the terms and conditions of this Scheme from time to time ... no later than six-month intervals, to ensure that it is achieving [its] purposes [under] the Act ... At such ... review, the Minister shall consider, inter alia, the continued requirement for the provision of financial support...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: That wasn't the question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: It wasn't the question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Go raibh maith agat agus fáilte. Can I ask you, Mr. Gray, in minutes you provided to the committee from the Central Bank board, and in your statement as well, we see that the issue of the six-bank guarantee was raised? And a copy of the same minutes that this committee has access to - the reference from the secretariat is core book, John Hurley, Vol. 3, it's on page 33 ... and we see...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Yes. You left that bit out from the minutes that you provided ... the bit that talked about the need for AIB and Bank of Ireland to get on board with this, and that they were opposed to this prior to this, to that point.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: If we have John Hurley's book please, Vol. 3. Can we get that, JH, Vol. 3, page 33? It's the next page ... and there it is. So, the minutes ... you've provided these minutes, but the last ... the second last bullet point there wasn't provided, which is, "There was a need to talk to the two banks which to date have been negative on such a proposal." The two banks ... we've seen these...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: -----minutes as well and this is a version for the public, but these two banks were, obviously, AIB and Bank of Ireland.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: The question is, Mr. Gray-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: You were informed at this meeting that you refer to in your statements that AIB and Bank of Ireland were not in support of a six-bank guarantee-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: -----and that they would need to be got on board with such an option.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: Well, the wording that we have, that's available to the public, is this third bullet point from the bottom is ... this is from the Governor ... "There would be a need to talk to the two banks which to date have been negative on such a proposal."
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)
Pearse Doherty: You don't include that part in the minute.