Results 2,041-2,060 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: -----doing really well-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: So would that not have rung an alarm bell in your head or indeed any of your fellow economists' heads?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Okay. You also say in page 3 of your statement, you say, I would've been treated as a contrarian if I had, you know, carried on in that vein. Are you suggesting that your own bank, your own employer, would've treated you as a contrarian?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: No, no, I'm not interested in everyone. I'm interested in your employer.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: So, therefore, an economist employed by a bank was there to uphold the status quo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: An economist, employed by a bank, is there to uphold the status quoof the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Well, you've just said you couldn't run away and be ... and have a contrarian view.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: I think you said they might frown upon it.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: No, you said you would've been treated as a contrarian-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: No, in fairness, Mr. McArdle, you did suggest that you would've been treated as a contrarian had you done so. That's the point that I'm making. It was not an appropriate thing to do.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: No.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Although you did say earlier that they're normally-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: -----nearly always wrong, but anyway.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Mr. McLaughlin, Exhibit B3, which was presented to us by Mr. Boucher, you may not have seen it, in fairness, it's not in the green book, and I'm not ... if you don't know the answer it's fine. It was financial market development and scenarios, strategic implications, September 2008. I'm just wondering whether it was a document in which you may have had a hand, act or part in the preparation...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: 2004, 2005, I have some of them.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Yes. How important for the bank was that, that you, if you like, had a public platform, that you were able to, you know, proclaim your views as an economist for the Bank of Ireland in the media?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Well, was it important to the bank that they had their chief economist writing in The Irish Times? Was it a good thing?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: Okay. Mr. Beggs, can I ask you, you make a reference in your statement to the OECD, and you had a substantial quote from their report, Ireland's Housing Boom: What Has Driven It and Have Prices Overshot?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: And I just wanted to draw your attention to two other quotes in that same report. It says in it, it talks about soft landings and that whole notion and it actually says: "If a soft landing is defined as something that is both mild and gradual, there has not been a single case out of the 49 boom-bust cycles." That's a fairly serious remark to make, and clearly you would have been familiar...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Susan O'Keeffe: So would that have informed your-----