Results 3,221-3,240 of 4,168 for speaker:Susan O'Keeffe

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: So how did you work out how to make-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: But, obviously, Mr. Quinlan, that kind of capability, I assume other sorts of arrangements that banks offered ... interest only, repayment free, rolling up the interest, I mean, how-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Now-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: The increased availability of access to cheap wholesale credit-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: -----has been identified as a cause of the explosion in borrowing.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: What would you ... would you agree with that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: And did it have an adverse effect, do you believe, or not on the degree of loan risk assessment carried out by banks in the years ... I'm talking here now of the 2000s, not the '90s?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Okay. But-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: In the years 2002-2008 ... I think is when you said you retired, is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: 2009, I beg your pardon. Did you observe any key differences in the way that loan applications were assessed by Irish banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Well, when you say very keen, I mean, did they show their keenness in a particular way?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Sure, but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: -----you can tell us what happened.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: You can tell us what-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: But ... okay ... we understand that and we know that but what I'm asking you is whether or not you can indicate to us how ... how they did that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Okay, if it's relevant.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Financial institutions themselves got involved in buying property, didn't they?