Results 3,621-3,640 of 4,414 for speaker:Sean Barrett
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: Did we build too many shops? I see your shopping centres are very successful but did we build too many?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: A global one on the two sectors we're examining; what measures should be taken to make sure the banking sector never goes through the same crisis again? And what measures, and you've outlined some, should be undertaken to ensure that the building sector never makes the same mistakes again? Can we take the banking one, perhaps, first?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: Indeed. No, you're right.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: Yes. So, less wholesale funding.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: And-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: Yes, okay. And in relation to the-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: Was there too much hype or euphoria in the, in the building sector?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: What's the-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: The final one from me. What was the biggest mistake, not you but Ireland, made, Ireland Inc. made in all of this crisis which had such dreadful effects right through the economy?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Sean Barrett: Thank you very much. Thanks, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Thank you, Chairman, and welcome to Ms Tinney. On page 47 in Vol. 1, there is the ... their attempt to assess you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: -----as a member of the board. What on earth was that process? Can you enlighten us?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Good.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: They didn't have a management guru of some type?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Thank you. Now, could I go to Vol. 2, page 139, the bonuses that were paid. Were they passed by the board?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: I think its Vol. 2, page 139.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Well, they were paid based on the previous year's performance. Was there any discussion in 2008 not to pay them because you had gone into the red at that stage, in 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: I see. Well, no, other people, though, were paid. There was €464,000 in bonuses paid in 2008 in a year in which the society had gone into the red.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Yes ... no, the other people like Mr. Merriman and Ms Finann and Mr. Keenan, I think, and Johnson and Healy. That there was still ... the Merriman one was the biggest, but it still came to €464,000 being paid in bonuses-----