Results 25,501-25,520 of 36,054 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: The minutes that suggest that the draft guarantee was produced-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: Yes. Was produced for you, would've been approved by the members in attendance at that meeting at a later stage. Would that be correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: Was that minute approved by the committee at a later stage?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: Was that minute approved by the committee at a later stage?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: No, okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: My final question in this here is, you mentioned that you were informed around 2 o'clock by the Government - I think you mentioned the Taoiseach or the Minister of Finance - that all six institutions would be guaranteed. Can you inform the committee, was the AIB representatives at that meeting when that was said? And can you also inform the committee, why ... sorry, can you also inform the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: With the solvency, did you suggest that-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: Sorry, the view is ... did you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: But did you express the view that the two institutions that I mentioned, namely, Anglo and Nationwide, did not warrant the statement that they were solvent?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Pearse Doherty: Thank you.
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Pearse Doherty: Go raibh maith agat a chathaoirligh agus cuirim fáilte roimh iar-cheannaire an ECB chuig Baile Átha Cliath, an t-Uasal Trichet. Mr. Trichet, you said in your opening statement that the ECB had no responsibility at all for bank supervision or macro-prudential policies in member states, so, therefore, can you confirm that when the Irish financial stability reports were issued between...
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Pearse Doherty: Okay. Mr. Trichet, you make the point that ... you pointed the finger to try and point out some of these issues and it's clear that the record will show that you yourself, as President of the ECB, had been warning as far back as 2005 in relation to the real estate prices and also the lending into construction. I would ask for your views in relation to the actions that were taken at a...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: No, it's a briefing document.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: Go raibh maith agat, a Chathaoirligh, agus cuirim fáilte roimh an bheirt chuig an coiste fiosrúcháin. Can I just ask you, to start off with, Mr. Sheehy, to your knowledge, was there a practice of restructuring criticised loans, you know, for example, agreeing to moratoriums, interest-only, interest roll-up or extensions in the terms and conditions in the period of 2006 to 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: That's fair enough. In normal times it's standard practice in banking to do this. In relation to that period, 2006 and 2008, did you see an increase of the type of restructuring in the way that I've outlined for large property ... commercial property exposures?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: And would this ... by restructuring the loans, would this put these loans ... would they move them from a category of criticised to uncriticised loans?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: That's not the question. Which ... by doing this, by rolling up interest, by restructuring them, does it move it from a category of criticised loan to a performing loan?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: But it moves them-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Pearse Doherty: But it moves them out of criticised.