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Results 3,181-3,200 of 14,090 for speaker:Marc MacSharry

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: I'm almost there, thank you. The ECB representatives at the troika negotiations or the bailout negotiations ... is it possible that they overruled attempts or approaches by Brian Lenihan or his officials in seeking to burn the bondholders?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: Okay, of course-----

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: Is it ... Would that be a yes or a no?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: Would the negotiators-----

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: Would the negotiators-----

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: I appreciate that. Very finally-----

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: Well other people have been 11 minutes, Chairman, if you wouldn't mind, I'm at eight minutes twenty seconds-----

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: I'm just finishing up if that would be okay. And we are timing it here. This is important. Would the officials negotiating for the ECB have had a mandate to tell the Irish negotiators, you cannot burn bondholders?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Marc MacSharry: '10.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: Thanks, and thanks, Mr. McCarthy, for coming in and being here. You said there were three legal entities here in Ireland and each with a board of directors; isn't that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: Okay. There are 27 registered companies for Ulster Bank between Dublin and Belfast. Why would that be necessary?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: Were you responsible for all of these 27?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: And would these 27 all have been in the group?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: And whether they were registered in Belfast or Dublin, would that have-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: They would be different, would they, the regulatory-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: Was entities on either side of the Border ever used to distribute concentration, to keep a lower level of, say, construction or-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: So is it fair to say then that the regulator endorsed, or not, that you would split the business, if you like, between one regulatory system and another in order to stay compliant?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: While I know you left in 2011, up to that date was there any difficulty, because of the number of entities, in retrieving assets?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: Not at that stage?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Marc MacSharry: Okay. In terms of targets within the company, you had mentioned - and Senator O'Keeffe had touched on it there - where there was, you know, a series of ... your colleagues from other banks had been in and there seems to have been a theme throughout that there were never any targets, that people just went to work and they did their job and loan book and credit card book and so on grew. So in...

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