Results 2,921-2,940 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Okay, so given in that year they did take a stake in Bank of Ireland, at 3%, would you now-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: I was actually going to ask whether or not in future, one might write the contract differently?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: If I could go ... if I might go back please to the RTE radio interview. Just to check, on Tuesday, 16 November, Wolfgang Schäuble it is understood and reported that he has asked Mr. Lenihan to announce his application for aid after the meeting that had taken place that day and that Mr. Lenihan had said no, that he didn't want to be put ... he said "I wouldn't participate on that basis;...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: So Mr. Schäuble had asked him to announce, you asked him to announce, and he said "No"?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Okay, so when ... when you went on the radio - I have the transcript here: Rachael English: And you can confirm that they will be giving us a loan? Patrick Honohan (Governor of the Central Bank): Well if it's agreed. If it's agreed of course yes. Rachael English: And when you say if it's agreed, I mean why else would they be here? [And then you go on and say there's an expectation and...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: But, do you accept finally-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Finally, Mr. Honohan, do you accept though that really on that morning, you did pretty much copper-fasten the fact that there was going to be-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: Thank you, Chair ... sorry, Ms Nolan. From 2009 to May 2010, what was the Department of Finance doing to ascertain the true state of the banks?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: Even, even though, even though, arguably, the Financial Regulator's due diligence had not been, if you like, as complete as it might have been, that was clear already in 2008, so why would you still have taken that position in 2009?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: But does due diligence in that sense in the state that we were then in ... does due diligence fall under regulation at that point when in fact what you want is information and knowledge so that you can make further decisions?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: Okay. So, so the regulator was doing that, so what else were you then doing in the Department?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: Would you agree with Professor Honohan's evidence when he was here last week, its on page 29 of his evidence. He says:when I came in 2009, I realised that nobody was particularly concerned about Ireland [and I'm editing slightly] there was a sense that we were okay. ... But it was really the change in attitude in August of 2010 ... and, in September [that] we were absolutely in the centre of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: Of course.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: He's talking here in the European context-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: -----that, if you like, in Europe, that nobody was really looking at Ireland. They weren't worried.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: In Vol. 1 of your book, its on page 28, "The PwC report ...look[s] at the trends in these capital ratios for the next two years, starting with forecasts provided by the institutions, and show that the institutions are currently forecasting operating profits well in excess of loan impairment levels."
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: That was dated November 2008. So, was that a valid observation there? Operating profits well in excess?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: So what does that tell us, about, I mean this is in-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Susan O'Keeffe: But, but if you looked at the, at the forecasts for ... even for tax revenues in Ireland between June 2008 and October 2008, that was just going one way, it was going from €3 billion to €5 billion to €6 billion. That's true isn't it, I mean we have the documentation that shows that?