Results 3,701-3,720 of 7,082 for speaker:John Paul Phelan
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
John Paul Phelan: -----€7 billion of a bill.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Thanks, Chair. Good afternoon, Mr. Considine. Continuing on from Deputy McGrath's questions, were you happy during your tenure as Secretary General of the Department of Finance that the revenue base of the Exchequer was sustainable into the future?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Did you conduct any in-depth analysis of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Did you or any of your senior officials raise with Minister Cowen - it would be by 2006 - a concern that almost a third of the tax base was from these cyclical sources?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Can I ask you, in terms of the relationship with ... your relationship with Mr. McCreevy and Mr. Cowen in their roles as Minister, was there a difference in how they approached dealing with officials, dealing with Secretaries General, dealing with the compilation of budgets?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: So there was no real difference between ... between either?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay, can I ask then in relation to the loss of competitiveness in the Irish economy? You mentioned that the EU Commission was praising Ireland in the 2006 ... aftermath of the 2006 budget. There was also in that budget an indication that, you know, competitiveness had dropped fairly significantly. Were you raising any concerns at that particular juncture with the Minister?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Did the Minister act on your concerns?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: What did he do? What did he ... can you point to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Can I ask did ... did the Department at that time conduct any in-depth analysis of house price growth particularly with reference to maybe other European economies or other economies ... advanced economies in general and as to how crashes had occurred in other economies?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: In hindsight, can I ask you what's your view with regard to ... and it was touched upon with one of the previous speakers, that during your tenure, public expenditure increased by almost 44% in the four years that you were Secretary General. I know you have stated clearly that politicians make policy decisions, but do you have any regrets about the fact that expenditure spiralled to such an...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay. Can I ask you, during your time, did the Department of Finance conduct any in-depth analysis of the banking sector, particularly with reference to the level of concentration of lending to such a small number of individuals, evidence of which we have heard from several witnesses?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay, can I ask you to outline maybe ... what is your pension as Secretary General of the Department or former Secretary General of the Department?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay, can ... can I ask you how ... how did you come to be appointed to the board of Bank of Ireland in 2009? How did that happen?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Do you believe you're ... have ... it has been a successful tenure as a director of Bank of Ireland ... that you've contributed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Can I ask you is it a remunerated position?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Are you at liberty to say what the level of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Yes, no, that's fair enough. Can I ask you then, in relation to your time on the board of the Central Bank and Financial Services Authority between 2003 and 2006, when property lending began to soar, did you at any opportunity during that juncture raise some of the concerns which your Department had, we'll say, with regard to increases in expenditure and maybe the cyclical nature of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Do you regret ... or do you think you should have, in hindsight?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay. Can I ask you, did the interaction between the Department's economic analysis function with the economic research section of the Central Bank change as a result of the 2003 restructuring of the Central Bank and Financial Regulator?