Results 3,741-3,760 of 4,414 for speaker:Sean Barrett

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: You said you ... You were commenting on the regulator, that you respected him, but I have to say what he said-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: -----in that letter-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Page 43.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: "The findings of this inspection of INBS calls into question the adequacy of controls and risk management in place in INBS for large commercial property loans and suggest[s] that a significant degree of approval authority rests with a single individual,-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: -----Mr. Fingleton, who ... appears to be the only source of information on some of the large clients."

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Well, this is not Mr. Neary. This was from ... the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Mary Burke.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: And have you formally replied?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Could I bring to the attention the resignation of Dr. Con Power? You said that the board discussed all major matters. Mr. Power resigned because the decision to take legal action against the financial ombudsman was not discussed at the board. You phoned him up from London to try to change his mind in 2006, but he did resign. Why was that decision not taken by the board?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: The question is: would it be normal to engage in that kind of legal activity without telling the board members?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: The society lost ... was it €243 million in 2008?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: The society lost-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: -----€243 million. Is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Yes, and what was the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Yes, and-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: No, you say that the society was solvent in September-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: -----2008, but Goldman Sachs advised that there was no hope of a sale.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Goldman Sachs said-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Well, one would imagine that it was saleable if it was ... and there was optimistic ... and Goldman Sachs told you it wasn't.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Sean Barrett: Well then it was not saleable.