Results 2,341-2,360 of 4,168 for speaker:Susan O'Keeffe

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: But, Mr. Hurley, you were the Governor and you had your team and there was the Department of Finance ... lots of specialists ... you know, people with years of experience in banking ... years of experience in all kinds of ways and yet, for the first time ever, in your collective lifetime, all of these institutions were in trouble in parallel, simultaneously and no one said, ''Mmm, why don't...

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: But they were already deteriorating-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Sorry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Do you know, Mr. Hurley, why all the banks were not represented in Government Buildings that night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: You said to one of my colleagues that you knew you had to be in Government Buildings that night but ... but ... were ... did you know you had to be there because they had asked for the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Was the meeting organised by someone else?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: But these guys just pitched into-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Right. Do you know why the NTMA were excluded from the conversation that night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: I beg your pardon, they were not ... they didn't ... they were not asked to participate at all, even though they were in the building. Do you know why that might be?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: No, they didn't, according to the evidence that was given here. That didn't happen.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Okay, that's fine-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: I know, but you ... you had separately ... the Central Bank had separately been having meetings with the NTMA in September because they were part of the team in ... in this sort of emergency-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: So all of a sudden they were out the door.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Yes. But were they not called by the Central Bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Yes, I mean, I-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: If you had known that night ... the evidence that was given by the NMTA that there was €9 billion in rolled-up interest ... if you had known that at that time, would that have made a difference?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Okay, I'll leave it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: CCC00100 type: 1 --> It's fine. Do you think that all banks were systemically important?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Susan O'Keeffe: Even though they weren't before?