Results 3,121-3,140 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Was it an actual Cabinet meeting or was it a pre-Cabinet meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: As you recall, all right. Thank you, Chair.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Thank you. Document AIB 02291, I think I gave it ... this morning. This is evidence, Mr. Cowen, that Mr. Gleeson gave when he was here. He gave it as a contemporaneous note, but he also gave it in evidence, and he basically said that on the night the Governor of the Central Bank asked him and Bank of Ireland to assemble-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: No, because it's come up, well, let Mr. Cowen-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: I appreciate that, but in fairness, it's arisen based on what Mr. Cowen has said this morning. He has several times said that he took his advice from the Governor of the Central Bank, isn't that correct, this morning? That ultimately ... now, I'm asking why, on the night, Mr. Gleeson said that he, and the Bank of Ireland, were asked very clearly to assemble €5 billion each, I think,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Clearly.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: No, he says that an orderly dealing with Anglo would occur at the weekend, in other words, we're not going to make a decision about Anglo tonight, we'll wait 'til the weekend if you can give us the money.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: But, I think it's-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Because Mr. Gleeson says they withdrew to gather up the money because, his understanding was, it would be to tide Anglo over to the weekend, and-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Well, no, he says the Governor told him that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: No, he says it was on the clearest representation from the Central Bank Governor.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: The lack of stability at Anglo Irish Bank that resulted from the contracts for difference and the attached loans, did you take that into account yourself, when you were making the decision that the bank would not be nationalised, but would be guaranteed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: And Anglo's stability in that, given that it was unstable as a consequence of what had occurred, were you thinking, "well a nationalisation of the bank would be a less good outcome than if I-----"
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: And, you were happy that it had been resolved?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Fine, okay. Can I be clear, you're saying to us, over the course of today, that ... that over this period of time, in what was probably the worst crisis in the history of the State, that ... that no one, no bank, no individual, no company, no corporation, no politician, no consultant, no friend, no enemy lobbied you, or indeed any of your colleagues in Cabinet, or the Minister for Finance,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Do you find that surprising, given that it was the worst crisis in the State?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Finally, I have one last question on No. 88 in your own statement, Mr. Cowen. When you were talking to Mr. Lenihan, you say: "I explained my reservations about it [meaning nationalisation] explained my reservations about it and reassured him that nationalisation was something that we could not rule out in the future and would remain an option available to us." So if it was to remain an...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: But didn't you need the same information for a guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: So he was your key man?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Thank you.