Results 2,701-2,720 of 4,414 for speaker:Sean Barrett

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: You mentioned to Deputy McGrath that the loan-to-deposits peaked at 176% in 2008 and it's 120% or so currently. Is that broadly -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: And the other index of that kind that's presented to the committee is concentration on two sectors. Now it seems from what you've been saying that you decided to concentrate on construction and they recommend 250%, isn't that right, for the concentration of the two sectors? What was the highest figure that Bank of Ireland went to, can you recall?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: As the banks in 1783 you were describing was going towards having to be rescued. Did your accountants, PwC have any observations in 2007 and 2008 that there was trouble imminent?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: And there was a 43% discount on your properties transferred to NAMA. Do you know now did you fund any ghost estates?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: Were there contrarians at all in Bank of Ireland when people like Morgan Kelly began to write about this and whenThe Economist house price index showed that Ireland was way out of line in house price inflation. you know, all through the period leading up to the rescue and the bailout?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: I will indeed. Thank you, Chairman.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: Did anybody table thatThe Economisthouse price index because it would have warned people that Ireland was way out of line in house price inflation?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Sean Barrett: Thank you very much, Chairman.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Sean Barrett: Thank you, Chairman. Were you personally aware of the deteriorating liquidity and solvency position in Irish banks in Ireland in 2008, in particular September 2008?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Sean Barrett: Did the Governor of the Central Bank of Ireland brief you or your officials in the ECB on the liquidity-solvency situation and the options being considered?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Sean Barrett: And did your officials give any advice to the Irish Government, or the Governor of the Central Bank on the decisions that had to be taken to deal with that situation in September 2008?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Sean Barrett: Thank you.

Seanad: Order of Business (5 May 2015)

Sean Barrett: I compliment the Tánaiste on her interview this morning on Newstalk. She very firmly put back in their places yet again rumours from the two airlines that Aer Lingus was about to be taken over by British Airways. It was announced in a Sunday newspaper that the Minister for Finance, Deputy Michael Noonan, and the Minister for Transport, Tourism and Sport, Deputy Paschal Donohoe, had...

Seanad: Report of the Working Group on Seanad Reform 2015: Statements (5 May 2015)

Sean Barrett: I thank our visitors for their work. In the United States former Senators hold on to the title of Senator. I propose we implement that reform in the case of former Senators Maurice Manning, Joe O'Toole and Pat Magner who is in the Visitors Gallery. In this country the Executive, the Government and the permanent government - senior civil servants - are far too powerful. Therefore, we need...

Seanad: Report of the Working Group on Seanad Reform 2015: Statements (5 May 2015)

Sean Barrett: In the Seanad 31 Members voted for its abolition, while 24 Members voted to retain it. In the Dáil 88 Members voted for abolition of the Seanad, while 33 Members voted to retain it. Sinn Féin changed sides. Therefore, not more than one quarter of the Members of the Oireachtas supported the retention of the Seanad, but the people did. In Croke Park it is the captain of the...

Seanad: Report of the Working Group on Seanad Reform 2015: Statements (5 May 2015)

Sean Barrett: Yes, it was stated on a poster that the Seanad cost €20 million. It never cost €330,000 per Senator per annum. Parliament should be strengthened. The Seanad is an artificial construct, but so is the d'Hondt electoral system in Northern Ireland, of which Sinn Féin has availed. As stated on page 17 of the report, we were asked ensure the incorporation within the State of...

Seanad: Spring Economic Statement: Statements (6 May 2015)

Sean Barrett: As always, I welcome the Minister of State to the House. Dr. Stephen Kinsella of the University of Limerick wrote about the spring exercise: "This balancing act deserves applause". What the Ministers, Deputies Noonan and Howlin, are trying to do is commendable, namely, that we not revert to a boom-and-bust cycle. Where I have just come from, the banking inquiry, will have a role to play in...

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Sean Barrett: Thank you, Chairman, and welcome to Mr. Boucher. When you were answering my colleague, Deputy Phelan, on the exceptions for owner-occupier mortgages, 24,000 of them ... on page 55 of B2 ... you said that there were within the bank ... contesting and debate on these issues. But the then governor for most of that period, Mr. Crowley, said, "In particular, I do not recall any issues of...

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Sean Barrett: Are there other major changes that you've introduced to change the bank from the one you inherited, because the committee has to come up with recommendations for the future conduct of banking in Ireland?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Sean Barrett: And you mentioned the €6 billion that you've repaid. What's the loss of shareholder value from peak to trough for holders of Bank of Ireland shares?