Results 3,381-3,400 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Susan O'Keeffe: Until you got there.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Susan O'Keeffe: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Thank you, Chair. Mr. Gallagher, the memorandum from Merrill Lynch dated Sunday, 28 September - was your office requested or asked to assess the options that were outlined in that in terms of legal impediments or was it a piece of paper that just appeared along with other ones?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Had you ever been asked in the period, say, from November 2007 right up to that time? Had you been asked for legal advice in relation to any banks seeking ELA in that time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Okay. So, you were asked that, I'm sorry, in November '07, is that what...?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: '07. And were you asked ever again or was it sufficient once you'd been asked, if you like?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Were they? That's fine.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: And did any banks ... were you aware of whether any bank actually saw it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: On page 8 of your statement you say, "The Financial Regulator confirmed that none of the Banks were insolvent but stated that Anglo was illiquid and if that illiquidity were not immediately addressed Anglo would fail." Is that a direct quote from the Financial Regulator or is that your recall or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Would that not suggest that the problem was more about insolvency than-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: You have said that you were not party to the conversation that took place between Mr. Cowen and Mr. Lenihan. At any time in the night, did Mr. Cowen seek any private advice from you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Were you party to the conversation that Mr. Cowen had with Mr. Gray on the telephone?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Did Mr. Cowen seek any advice having had that phone call? Did he come back and offer something that then required any legal assistance or discussion?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: No. Were you involved, or were you asked to look at the advice that Mr. Gray had given in writing prior to that night, where he recommended various ... he laid out certain-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: -----things? Was that ever brought to your attention?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Okay. At any point in the months leading up to September, was your advice sought in relation to the contracts for difference involving the Quinn Group and Anglo and, in particular, were you asked anything about the insurance component that had been taken from Quinn to pay-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Okay, so no one ever sought your advice-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: -----just being clear, thank you. On 13 September, Anglo was in touch with the Department for Finance looking for ... to do a deal with the INBS. It talked about having a private funding and liquidity comfort part to that. I'm just wondering and if you haven't seen it, that's fine but, were you ever aware of that? Was it ever brought to your attention for legal advice?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: Mr. Corrigan gave advice, sorry, gave in his statement to this inquiry that, in December 2008, he and others were in conversation in a meeting particularly with the Department of Finance in December 2008; trying to persuade the Department that the point had come to nationalise Anglo. So this was seven weeks or eight weeks after the guarantee. Were you aware, were you ... was your advice...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Susan O'Keeffe: And then lastly, there was in ... on 24 April there was an e-mail sent in which advice was being sought by the Department of Finance in relation to amending the State Guarantees Act 1954-----