Results 3,141-3,160 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Page 28.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Thanks Chair. Mr. Cowen ... it's ... DOF03558. There was a decision to proceed with an injection of €3.5 billion for Allied Irish Bank, given that it was clearly outlined that this amount was insufficient to meet their capital needs ... Allied Irish Bank ultimately required a total capital injection of €19.8 billion. Can you comment on the decision to proceed with that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: If I can, if you don't mind, if I can go back and ask you two short questions from this morning before I go on? Who appointed Alan Gray to the board of the Central Bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: And in relation to Eugene Sheehy, when he was talking about the night of the guarantee, he made a remark that the expression of putting into the final statement issued by Government the idea that all the banks were solvent, that he and others said that ... I think it was he and the other bankers disagreed with that, that they didn't think it was a good idea to say that. I'm just wondering do...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: When Professor Honohan was here with us he said there was a change in attitude in 2010. He said: when I came in [in] 2009, I realised that nobody was particularly concerned about Ireland. They were concerned about Greece and ... how they were going to manage [that]. And so, effectively, the change in attitude occurred in August 2010. Would you agree with that? Was there a kind of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Do you think it was true that no-one was particularly concerned about Ireland, nobody in Europe I mean?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: One of the officials at the ECB was ... told one of the newspapers in 2011, he said this kind of boldness that Ireland had achieved in 2009 was not repeated in 2010. On the contrary, the impression was that actions were delayed while uncertainties about what would be done increased. He said Jean-Claude Trichet made several attempts in private conversations on the margins of the European...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: In that same letter that Deputy Higgins referred to Vol. 5, pages 31-32, the letter from Mr. Trichet to Brian Lenihan in October 2010. It says, "I would like to re-emphasise that the current large provision of liquidity by the Eurosystem and the Central Bank of Ireland to entities such as Anglo Irish Bank should not be taken for granted as a long-term solution." Were you taking it for...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Again, when Mr. Honohan was here, he indicated that around Tuesday, 16 November, that Wolfgang Schäuble had asked Mr. Lenihan-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Sorry, Mr. Honohan said this here, that Wolfgang Schäuble had asked Mr. Lenihan to apply. He said that he'd had a conversation himself, Mr. Honohan had, with Mr. Lenihan and that Mr. Lenihan was cross and said "I don't understand, why are they trying to rush me?" Now, do you know anything about, you know, why ... what was going on there in terms of the dynamic, in terms of feeling...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: But why did they not understand that? I mean, they were negotiators.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: And did he communicate that frustration and that pressure and tension to you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Chair, is it possible to just ask for one clarification?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: To ask whether there were ... was there anybody else at all outside the room on that night? We know about the banks-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Other than the bankers and the NTMA, just in the interests of clarity?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Thank you, Chair, Ms Herbert in Mr. Cardiff's statement he said that there was ... that you were ... accompanied Minister Lenihan to a meeting in Brussels on 22 September 2010. Do you recall that meeting and, if so, can you tell us what the nature of the discussions were and what demands or what ... what was going on with the European Commission at that point in relation to Ireland?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: And was there any outcome after the meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: I appreciate you weren't present.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: And what was Mr. Lenihan's demeanour after that if, you know, if that was the start of that kind of rankle about figures?