Results 3,641-3,660 of 4,414 for speaker:Sean Barrett
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: By a society which was loss making at ... in that year.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: They were paid in 2008.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Was there any discussion about holding them back, as the society had gone into the red?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: And, the go for broke strategy that you described to Deputy Higgins, was there a certain irony intended given what happened the society? Obviously, it was very successful but I mean, what was the go for broke strategy?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: And a certain sense of irony, presumably, in the title of the strategy?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Yes. Well, I think they used that term also.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Yes. The auditors: did they express any disquiet at the way the society was going over the years in which you were director?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Was there ever any meetings of the non-executive directors held in the absence of management?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Because in your presentation you were hinting there was a very strong managerial dominance of the board. When the board escaped from that, could you tell us about those meetings?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Is there a way around that? Should there be a troika?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: And the conduct of the meeting where ... the AGM, where you're running for election and the other board members, I presume, employed a PR company against you. I think that was ... was that December 2007? The ... Q4 PR were used to assemble information against you. Could you describe that as an event for the committee, please?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Now ... the ... was there a sign in February 2009 - and this is book 1, pages 109-111 - of even at that late stage the board realising that things were going astray; that there seemed to be a wish at board to distance itself from the commercial exposures and non-member business?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Yes. But ... and, could you tell us about that? Because that was trying to get back to its roots almost in the society and I suppose the corollary is: was it too little too late at that stage?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: And you didn't agree with that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Could you tell us why?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Finally, the 2007 offer from AIB - can you remember what price they put on that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: That is my last one, thank you, Chairman.
- 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: Yes. But it was greater than €1, which was what they eventually got it for.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Sean Barrett: Yes, thank you.