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Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: On what section of society would default by Ireland have impacted most?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: His statement contains extensive quotations about economics.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: My question is what section of society would have been impacted most?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: Is Dr. Mercille an economist?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: Has Dr. Mercille any qualification in economics besides political economy?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: I welcome Mr. Browne. I have a couple of questions. On page 5, Mr. Browne briefly refers to ownership issues in the media in general and media outlets, and he has referred to the fact that he did not go into any detail on it, but does he believe that ownership factors had an impact on the coverage or lack of coverage of the issues that were prominent before the housing bubble came to its...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: I was going to ask Mr. Browne about property porn, that quote as well from page 5. Is Mr. Browne stating there that RTE had a particular agenda in running those particular programmes that he referenced or that they were just reflecting the kind of wider view of the public at the time of interest in property-related matters?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: My final question again relates to page 5 and I want to put a quote which Mr. Browne partially referenced earlier in another answer. He notes that PR officers have, "The capacity to give and withhold the information that hard-pressed journalists require in order to do their work gives them an inevitable influence over content, to the benefit of their state and corporate clients." Does Mr....

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: Is there not an overlap, or a huge overlap, anecdotally at least, between the PR-type role and the media-type role-----

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: -----in terms of a movement of people back and forth?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: I thank Mr. Vaughan and Mr. Murphy for their attendance and statements. With the exception of the meeting mentioned earlier with the Irish Bankers' Federation, were there other meetings of a formal or informal nature in the reference period, 2002 to 2007, between property or banking interests and journalistic or editorial staff of the business, where the editorial line of the publication was...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: In relation to the lunch itself that Mr. Vaughan referred to, can he recall roughly when that happened?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: I want to put a couple of quotes to Mr. Vaughan from both of our witnesses from earlier today. Dr. Mercille expressed the view, which he had on the first page of his presentation, that "both private and State-owned media organisations largely convey corporate and political establishment views". With an eye to Mr. Vaughan's own publication, does he accept that particular opinion or what is...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: Dr. Mercille further went on, in answer, I think, to questions from Senator D'Arcy, to refer to the fact that newspapers do not produce supplements on homelessness or poverty. How does Mr. Vaughan ensure the Irish Examiner, as a publication, reflects wider societal views in terms of his publication? The Irish Examinerdoes not produce those publications either. Could Mr. Vaughan outline why...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

John Paul Phelan: On page 5 of Mr. Browne's presentation he spoke about the relationship between the PR industry or sector and journalism and he referenced research that had been done in the United States in the 1980s that the PR industry had expanded rapidly in contrast to the journalistic sector. Mr. Vaughan has expressed his view that it is not a homogenous sector but that employment levels are greatly...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

John Paul Phelan: I welcome the witnesses. I have just a couple of questions and will deal with them as quickly as I can. Yesterday I asked the representatives from the Irish Examinerthe question I will now put to Mr. O'Regan and Mr. Doorly. In their time as editor or director of their respective publications, did they ever have any formal or informal meetings with representatives of property or banking...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

John Paul Phelan: Yesterday we had a couple of academic witnesses before the committee who raised particular issues. I would like to put to Mr. O'Regan a comment made by Dr. Julien Mercille. He stated that, "news organisations largely conveyed the views of political and economic elites ... Thus, because the housing boom was beneficial to key sectors of Irish corporate and political establishment, it was...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

John Paul Phelan: Is Mr. O'Regan rejecting the assertion?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

John Paul Phelan: I also want to put to the witness a comment from Mr. Harry Browne yesterday. He stated journalists "were leaned on by their organisations not to talk down the banks". In regard to his time as editor, is Mr. O'Regan aware of any such leaning on journalists by the organisation?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

John Paul Phelan: No, by the newspaper's own organisation.

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