Results 18,021-18,040 of 26,148 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Do you believe that it was ... what information should have been available on the night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: No, but as a professional in the area, what information would you have liked to have seen available to make a decision?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: I suppose if it had come on your desk would you have considered solvency on the night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And you were sceptical in terms of solvency?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Thanks, Chairman. Can I deal with NAMA? I suppose I want to put a question to both of you. If Anglo and Irish Nationwide were not involved would there have been any need for NAMA? I pose that question on the basis that of the par values, Anglo and Irish Nationwide make up 58%, of the discounted values they make up 53%, of the top 29 of the borrowers they account for ... the top 29 account...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: I'm dealing, Chairman, with NAMA C4, Vol. 2.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: It's ... there's only a handful of pages involved.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Really, what I'm referring to really is that it makes for very, very interesting reading that even on the security so ... when the security wasn't strong enough you took nearly €500 million back, and Anglo and Irish Nationwide made up 82% of that pull-back. So the question I'm asking really is, is that if Anglo and Irish Nationwide were not there, would there have been a need for NAMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: The point I'm making really ... that by NAMA being established, it crystallised losses of the order of 61% discounts in Anglo and Irish Nationwide at a time - and there is a direct correlation between our spiking of our sovereign debt cost and the establishment of NAMA - and the point I'm making really is if Irish Nationwide and Anglo Irish had been nationalised the night of the guarantee, is...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: What has been the level of debt write-off by NAMA since its establishment in terms of debts? Level of write-off?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: In total?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And the top 29 borrowers who made up 46% of the overall loans ... how many of those are still in NAMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: How many of those are being paid a salary by NAMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And, on average, what are they being paid?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And how many of those are on over €200,000 or over €100,000 a year at the moment?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: So roughly you're saying about 20% of all debtors are on salaries at the moment?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And can I, to follow on, in terms of the measurement of what NAMA is delivering to the Irish citizen and taxpayer, the whole issue of the rate of return metric ... that has come up, as you well know, and the C&AG has carried out a report on it. What's ye're view on that now in terms of providing, I suppose, an independent metric of how NAMA has performed on behalf of the taxpayer?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: What form will that take?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: It's not out of ... is it in your manual, is it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: The more things change, the more-----