Results 2,861-2,880 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Would it be normal to have a ... given that ... given that this meeting was supposed to be a meeting, we understood, to make a decision about whether to nationalise or rescue or bail out or a guarantee-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: -----why was there a ... why was the only draft that existed a draft that secured a guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Yes, but where there several other draft press releases for other outcomes then, is that what you're saying? Or was there just the one - for the guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: So there was one draft press release, which was for the guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: It is.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Sorry, I have a document here called the "Government Decision to Safeguard Irish Banking System". I'm sorry, it's come out of its original placing, but it's the one that was given to us as the press release that was given, in which he talks about, "The guarantee will cover all existing aforementioned facilities with these institutions and any new such facilities issued from midnight on 29...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Well, TAB AN and TAB AM are the two drafts that Mr. Beausang refers to. Unfortunately, this must have ...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Sorry, this one has appeared in a million different books.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: It doesn't have one, I don't have it, I'm sorry. But the substantial difference seems to me that in your draft there was a six-month recommendation for the guarantee, and by the time it got to the final document it was two years.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: That's the only substantial difference, everything else is the same.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Okay, well we'll have to agree to differ. Anyway, there is only one draft, that's clear; there wasn't----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Right, okay. I've one last thing if I may put to you there, please. Mr. Daly, when he was giving information to the Wright report, Frank Daly, and this reference is the review of the Department, the Wright document. He said: With regard to the Department's response to the crisis, there was quite late engagement. The Department relied on the Financial Regulator and the Central Bank and...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: And the solvency question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Chairman, can I clarify?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: On page 10 of your own statement you say, "In September 2007 I initiated work on a detailed scoping paper on financial stability which was formally furnished ... in February 2008" and you say "[TAB Z]" and that is TAB Z.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: That's what he's talking about.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Yes, that's what he's talking about. So, you initiated it.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: 2008.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Thanks, Chair. Mr. Honohan, when you became the Governor, NAMA was already in train. In your view, was NAMA an optimal solution for the financial institutions, for the borrowers and for the State?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Do you think or have you considered that you might've proposed an alternative solution or alternative solutions if you'd been in a position to do so at the time?