Results 2,301-2,320 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Susan O'Keeffe: Just to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Susan O'Keeffe: Just to clarify, he ... Mr. Kelly does ask about how commercial lending fits into the ethos of the society.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Susan O'Keeffe: Is that not a direct question about management style or an approach or an adopting of a, you know, maybe concentrating more on commercial lending than had hitherto been the case?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Susan O'Keeffe: Thank you, Chair.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Mr. Hurley, in Professor John FitzGerald's evidence on pages 329 and 330 he said:Looking back on it, had I even looked at the data on the balance sheet of the banking system, I would have known there was a major problem. I would not have needed a lot of research to conclude it was not just fiscal policy ... I suppose a lot of people relied on the fact that the Central Bank had the biggest...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: So you disagree with that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Were you aware in early 2006 that the rating agency, Fitch, had placed Irish banks on a lower rated category for macro-prudential risk?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Were you aware that throughout 2006-2007, the Financial Regulator was in constant contact with banks, talking about their sectoral concentration, allowing leeway for them to be in breach of those sectoral concentration levels?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Well, I'm talking here about 2006 and '07, so just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: We were led to understand that there had been, if you like, informal meetings or informal contact between senior executives in the Financial Regulator's office and senior members of banks, you know, in an informal basis, perhaps having conversations outside of formal ... is that something you were aware of or do you know anything about that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: I'm talking here about informal-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: In response to Senator Barrett's query about the fact that there were three people in the Financial Regulator's office that were responsible for AIB and Bank of Ireland, you said that was a function of the sort of principles-based approach. Now, we've heard Bank of Ireland and AIB in here saying that they would have had roughly 200 people each involved in their audit teams, yet here we were...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: You didn't know?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Should you have known, Mr. Hurley?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Were you aware that as it came into 2008, and clearly things were beginning to really decline and there was major concern within the Central Bank, that when there was a query for further staffing to be given, because things were getting worse, that that ... that request for further staffing was declined?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: If I could go to Vol. 1; it's the OECD report entitled, Ireland's Housing Boom: What Has Driven it and Have Prices Overshot?. Is that a document that you have seen, Mr. Hurley? And would the OECD be an organisation that you would trust?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Page 60. They just ask one very simple question: how common are soft landings? And they say that they looked at a number of soft landings - I'm sure it'll come up on the screen for you, Mr. Hurley, on page 60 - they say they looked at 49 different ones and they say, "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...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: On page 121 of Vol. 1, Mr. Hurley's Vol. 1, page 121, you talk about making sure that, "...the tone and [the] comment in the Financial Stability Report will be of particular importance and sensitivity." And then there: ...was agreed that particular care should be taken to ensure that comments on risks are not liable to over-interpretation by the international and domestic media. In this...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Yes.