Results 18,561-18,580 of 26,148 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: With due respect, the trial and error has resulted in a situation in Ireland-----

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: Mr. Nava speaks about trial and error-----

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: -----but there are consequences on the ground for the Irish public because up to €64 billion of bankers' debt, which is on the public record, has come about, potentially, because of these trials and errors. How does Mr. Nava respond to Professor Black's criticism this morning, which is in the public domain, that he regards Basel II, which falls under Mr. Nava's...

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: I need Mr. Nava to-----

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: I want-----

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: This allows the same level of leverage that applied when Lehman Brothers went bankrupt. How does Mr. Nava respond to that?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: Mr. Nava's submission states that “the Single Supervision Mechanism was created with a view to breaking the link between banks and sovereigns” so that effectively the taxpayer would not be on the hook. In what circumstances will the conditions be such - in an Irish context - that Europe can provide money to purchase shares in banks that the Irish Government has already...

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: In the limited time, I am aware-----

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: Please, Chairman; I want the questions I asked answered.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: No; I actually intervened because I want Mr. Nava to speak purely about the Irish context. In what circumstances could retrospective recapitalisation apply under the ESM?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: Thank you.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: Mr. Nava referred to the single supervisory authority and the Single Resolution Mechanism Fund as game changers. When will the fund become active? Mr. Nava referred to €55 billion. At what level does it become active? When will it reach the level of €55 billion? What is the timeframe?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: I would like an answer to those; I may have to ask a supplementary question.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: I just want full clarification.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: I know, but the point is that the fund has to be at €55 billion before it becomes active.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: That is the peak.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: When can a country actively apply to that fund?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Kieran O'Donnell: It is active, as of now.

Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Second Stage (Resumed) (4 Feb 2015)

Kieran O'Donnell: I welcome the Bill, which arose from discussions in the Joint Committee on Finance, Public Expenditure and Reform on IBRC loans being sold to unregulated entities. Borrowers are entitled to continue to enjoy the level of protection afforded to them when they took out a loan, regardless of which entity is holding their loan. People throughout the country, including small mortgage holders and...

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: I wish to speak on connectivity. Am I correct in saying that if IAG and Aer Lingus were to join up, combined they would have approximately 21 Heathrow slots out of Dublin, 13 of which would be with Aer Lingus at peak and eight of which would be with British Airways? This would give them a virtual monopoly on the Heathrow-Dublin route. What view do the delegates think the competition...