Results 16,061-16,080 of 26,081 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: When was that roughly?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: But why wasn't our bank resolution ... the question ... you're telling us that for nearly a year prior to the guarantee being put in place in September, there was effectively crisis management under way-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: -----in the Department of Finance. So why did we get to the night of the guarantee and there wasn't resolution legalisation in place in terms of dealing with various issues? Why was a decision taken incorporeally in terms of the Cabinet? Why wasn't it taken on the two days before and a full Cabinet meeting, the day before a full Cabinet meeting, on 28 September? Why do we get to a point...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: There are indeed. All interlinked.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Burden-sharing for subordinated debt holders?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Never put to you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: In the limited time I have, can you progress in terms of why we had this decision taken over six or eight ... on the night of the guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Separate from the Cabinet meeting.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: By the Governor?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Did you give any advice at the Cabinet meeting on 28 September in terms or around the financial situation?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Did you maintain any notes on the night of the guarantee-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: -----that didn't involve legal advice?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: In the limited time I have ... can I go back ... you referenced in your own statement on page 8 and 9, that the Government had a draft, a guarantee statement in place, which we ... William Beausang was in before us previously provided ... which provided for a six-month guarantee, which provided for just, in relation, purely deposits, not senior bondholders or dated subordinated debt. What was...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Did you see ... did you see-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Mr. Gallagher, just a quick question. You spoke about Ireland standing alone.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: And, two quick questions. Do you believe it's a good idea to make monumental decisions in the middle of the night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: If a decision had been taken ... I notice there was a meeting of the ECB the following day, on 1 October - in your statement, page 6 - if €10 billion was being provided by the banks effectively to fund a liquidity position of Anglo, if the decision had been taken to basically cover that liquidity position, and Governor Honohan had brought up the issue in the ECB meeting the following...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: Once the blanket guarantee was put in place on 30 September-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: -----by default, basically, the ECB were completely entirely left off the hook in terms of coming up with a solution. So the question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Kieran O'Donnell: In hindsight, if resolution legislation was available in terms of providing an orderly wind-down of an institution, would it have made a difference on the night?