Results 3,461-3,480 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: No, they intervened-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: To quote Professor Honohan-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Thanks Chairman, and welcome, Mr. Grimes, and thanks very much for being here. We were talking earlier on about the issue to do with contracts for difference with Deputy McGrath, and you were saying that it certainly was a highly unusual situation and that, really, you felt that it was in the regulator's domain to take appropriate action. Is that a fair representation of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Were you a director of the regulator, at any stage?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Is it correct that six members of both boards are members of each, so that there's dual membership for six?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay, so-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Just so I'm clear, and maybe I'm not, there are six of the regulatory authority-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: On the Central Bank.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Were you one of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Were you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. What I'm trying to just get around here is that ... and it's come up a couple of times that, look, that was an issue for the regulator, this is an issue for the Central Bank. Was there any dual membership, so that people-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Were you ever one of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. And during that period, is it reasonable that you would have known what was going on in the regulator and the Central Bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: I understand that. Is it that things are kept secret from members of the board?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: I see. So, before your appointment in this dual role, where you were available to both, and were knowledgeable to both, and their activities, to the extent that board members would be made available ... other people had that kind of a role, did they?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: You were the very first?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay, and what date did you assume that role?