Results 2,441-2,460 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Michael D'Arcy: Yes. And it's also available to yourself, cc'd to yourself. And the question was in relation to the impact of a full guarantee, and this is dated 26 September 2008. So this is three days before the actual night of the guarantee. And Brendan McDonagh says:This is very difficult to answer as the potential real exposure to the Exchequer of writeoffs is not yet independently qualified. The...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Michael D'Arcy: Mr. Doyle, the Wright report, Nyberg report, public accounts committee report and Professor John FitzGerald were... none of whom were satisfied that the Department, the Department had neither ... the Wright report states:The Department had neither the time nor the resources to conduct in-depth investigation of issues. There was a shortage of skills in the requisite disciplines. Do you...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Mr. Cardiff, you are very welcome. In terms of liquidity, Mr. Cardiff, on page 9, you use a line: "A worrying situation had become a desperate situation in just a few short days." Could you explain the factors that led up to that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Page 9 of your opening statement.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Fourth paragraph, last sentence.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: In evidence from other people, other witnesses, Mr. Cardiff, we've been told that you can't bring down a bank overnight. Why did we allow the emergency start on Monday morning and we concluded on Monday evening? 29 September was a Monday. You had all day Saturday, all day Sunday knowing that Anglo Irish Bank were in a deep hole on the Tuesday.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Okay, please.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Okay. Well, can I just ask in relation to ... there was Merrill Lynch, the NTMA, the Minister for Finance-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: -----and yourself who were broadly in agreement that Anglo should have been nationalised. Is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: I'm talking about ... I'm talking about the night in question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: And the two banks?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Okay. They're on one side of the conversation; who was on the other side of the conversation that ... who was left in the room when the conversation was being held?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: No, I understand that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Those who were ... those who were objective, who-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: All right.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Would it be fair or unfair to say that you were the last man standing in relation to the nationalisation of Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Michael D'Arcy: Okay. And eventually when the decision ... when it came to a conclusion, were you overruled, or did you------