Results 3,581-3,600 of 7,082 for speaker:John Paul Phelan
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Do you think that ... to refer to Deputy Higgins' earlier point, that this social event on 26 November 2008, a month and a bit after the guarantee ... now, you've said, with the benefit of hindsight, it shouldn't have happened but is that an acceptable excuse? At the time, what was going through your mind when you were attending that particular gathering? I'm not entering any value...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: And I accept your apology in terms of it, with the benefit of hindsight, but I'm just saying at the time this was six weeks after the guarantee.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: All right, thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Thank you, Chair, Mr. Neary. Just a couple of quick ones at the end in relation to the fall in commercial property prices that took place from about September 2007 until September 2008 of 20% in value. In light of the fact most international bank crises have been caused by over-lending into commercial property in particular, was there any analysis carried out by you or people within the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: A 20% reduction in the previous-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: -----12 months
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: But-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: But there was-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: -----there was no analysis of, of that fall in commercial property values in the previous 12-month period. By the-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: -----by the regulator-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: -----that you're aware of?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Thank you. In relation to the Honohan report, page 16. There's a critique, if you like, by Professor Honohan of regulation in this country and I want to put the quote to you:a regulatory approach which was and was perceived to be excessively deferential and accommodating; insufficiently challenging and not persistent enough ... This was in an environment which placed undue emphasis on fears...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: That finding though specifically, how do you feel it applies to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: -----the Irish regulator of which you were chief CEO at the time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: I think he's saying even more than that in that comment. Finally, I just want to put it to you that ... or do you accept, I suppose that the question I'm asking, that there is a public perception that a combination of bankers, developers, politicians, regulators and others, have made decisions or not made decisions as the case may be, which have cost the taxpayers billions of euros, but that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
John Paul Phelan: Thank you.
- Written Answers — Department of Health: Alcohol Pricing (9 Jun 2015)
John Paul Phelan: 701. To ask the Minister for Health his plans to introduce a minimum unit pricing on alcohol, as a means to curb alcohol abuse; and if he will make a statement on the matter. [21631/15]