Results 3,501-3,520 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: So despite, actually, what you agreed they never even got those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: So there was a cut off?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Okay, and why was that not then ... you couldn't pursue that any further as a board member-----?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Finally, Mr. Dunne, you say, yourself, that there was a lack of clarity over who was responsible for what, and you're talking here about the separation of the Central Bank and the Financial Regulator?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: So that's probably ... I mean, that's quite a serious allegation to make, so can you tell us about how that manifested itself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: So there wasn't a clear line of communication, are you saying, between the regulator and the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Thank you, Chair.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Thanks, Chair. I just have three or four questions, Chair. I know you weren't ... IBEC wasn't ... you were past ... but banks would have been members of IBEC, would they?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Yes, okay. Can I ask you, the National Treasury Management Agency made clear to us that they left nobody in any doubt but that they were not, if you like, happy with the state of Irish banks between 2007 and 2008 and didn't place deposits with those banks, unless directly instructed by the Minister. Was that a matter that came to the Central Bank or the Financial Regulator that the NTMA was...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: It was never raised at the ... at a board meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Mr. Begg?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: And you weren't aware yourselves that this was happening?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Now, Mr. McDonagh in his evidence said when the NTMA became involved in mid September 2008 as the crisis was now becoming a crisis, he said: [It was really] it really was a bit mind-boggling, certainly to me and I think certainly ... the same with my colleagues ... that there seemed to be no real knowledge of the banks. There's one or two people on each bank. [This goes back to the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Oh, I think it was, he was remarking, Mr. Dunne, that when you asked more questions, he was saying ... he says ... it's his evidence is that there were not sufficient answers. But you are saying that you had prudential reports every month, okay. In October 2008, the public fine of €3.4 million against Quinn Insurance emerged. Was that a matter that was discussed at the board; either...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: And was the matter of the contracts for difference and the difficulty that that ... that offered, if you like, Anglo Irish Bank ... was that something that was discussed at board level as a particular matter, Mr. Begg?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: But just to put it-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Yes, I just want to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: It's a clarification really, Chair. When you say, ''at that time'', Mr. Begg - I mean are you talking about the time prior to the fine being made public? I'm just wondering in-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: October 2008.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Susan O'Keeffe: Sorry, Chair, can I just ... I'm sorry-----