Results 3,501-3,520 of 4,414 for speaker:Sean Barrett
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Sean Barrett: Okay. Thanks. And, I recall ... I was present when you were chairman of the NESC, did ... the NESC reported, in 2004, on housing. Did it see the bubble happening? And did it see an excess concentration in the total economy on construction?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Sean Barrett: Okay, thank you. On the incorporeal Cabinet meeting, you've been with us it says here since 2.30 p.m., but I mean, I ... but, I mean, is ringing people, one after the other, at all a substitute for the, kind of, debate that you get around this table, and shouldn't we be careful about incorporeal Cabinet meetings?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Sean Barrett: In the ... Vol. 2, on page 131, notes prepared for the visit of the aforementioned Mr. Trichet, it's on page 131, and the briefing, I think that that was for the Taoiseach, it says, "The global financial crisis took hold in August 2007." From my reading of the material, wasn't there an amazing failure to respond between August 2007 and the collapse at the end of September 2008? Were our...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Sean Barrett: On the night of the guarantee, should we have combined it with some kind of due diligence, even that the banks which we were rescuing should have left the keys of those banks in the Taoiseach's office because Anglo went from, what, €1.5 billion to €30 billion eventually and wasn't nationalised until late January. NAMA found records ... were totally defective? Did some of them...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Sean Barrett: Should we drop the words "constructive ambiguity" and have "quantitative targets" for the efficiency of this sector so we'd know what was going on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Sean Barrett: Thank you very much. Thank you, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Thank you, Chairman. Welcome, Mr. Gallagher and you made the point very strongly about Europe leaving Ireland on its own and so on and, indeed, a currency that had been circulated since 1999, only in 2013 was Article 127 of the treaty implemented. Did that propose particular legal challenges for Ireland in ... it was a dangerous area, certainly and that ... did we discard the policies and...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: And we had representation on the board of the ECB and in ECOFIN, where we might have made some of those points that you were making.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Well, after the guarantee, did you get reactions from Europe?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: And can you tell us those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Of course, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Thank you, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: And did that delay the implementation of the legislation, those kind of representations coming from abroad?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: On the night of the guarantee were stronger measures thought of, or would we think of them in the event of any recurrence, such as going into the banks and not allowing the same boards and management to go back? After all, if they're presenting the State with this huge burden, could the State not take it on on its terms? And I'd be concerned about how much the cost escalated from what we...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Did the delay in any way result in the shortages of documentation which NAMA reported when they took over some of those loans? Were there never any documents or would they have been removed between the guarantee and the time that NAMA took them over?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Yes, indeed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Thank you very much, Mr. Gallagher.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Thank you, Chair.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: Thank you, Chairman, and welcome to our two visitors. Just taking up Senator O'Keeffe's point and it's covered in paragraph 9.8 of Mr. McCague's presentation and it says that "the Taoiseach asked Mr. Hurley on a number of occasions for his advice as to whether, in the Central Bank's view, Anglo was insolvent". Didn't the Taoiseach ask the wrong person? That was Mr. Neary's responsibility,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Sean Barrett: But he did ask Mr. Hurley first, isn't that-----