Results 4,281-4,300 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Like plastic bag charge, for example, is that what you mean?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Who would have been looking for an increased charge for that, for example?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Who?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Oh, but sure, they're State, like. I'm mean I ... I mean I'm talking about inside ... outside the State.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: All right, okay. Very finally then, there was some allegations made by the senior economist of the Central Bank that he had difficulty in getting his points across from time to time, on the basis that he felt that there were political and property interests on the board of the Central Bank. In your entire career, can you outline for us if, at any time, you felt there was an undue political...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Great thanks very much , and finally can I just ask a couple of quick questions? In terms of the percentage rate, 5.8% not being reasonable it said in one of the core documents there rather than bring it back up, and there was a quote where it was estimated that the most comparable rate for eight-year money at the time was 6.02%. Do you believe that Ireland got a good deal?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Mr. Cardiff, when he was here, said it was explicit in the memorandum of understanding that the rate would be reduced if and when time allowed. Is that the case?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: You mentioned towards the end of your statement, when you were giving some views on, on those issues that have been addressed since and what things may or may not help and you mentioned the registration of lobbyists, and I had asked you earlier about did you ever feel, as a certain person in the Central Bank had, that their was an undue political or business interest leading Government or...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Okay. Just on the burning of bondholders, can you outline for us what was the difference in response from Europe, from, I presume it'd be, Trichet and the G20, or G8 or whatever it was ... that were influencing the fact that this wasn't going to be accepted? What changed between November and March, if anything, to the position of the EU and the troika and powers that be? Harden, weaken,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Okay. Did the efforts from the Governments of the day change or were they equally powerful and robust, or not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Finally, in the establishment ... and commentary on the establishment of the Dáil about this inquiry, the Taoiseach spoke of uncovering what he described as the "axis of collusion" between Fianna Fáil, the banks and developers. What's you're own view of a statement like that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: But in the context of the inquiry?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Would your knowledge - just, it's a very supplementary question - of your 11 years, obviously, in the Department, working under five taoisigh and, indeed, the benefit of hindsight lead you to believe that such commentary represents fair comment, or not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: But I've asked you about the comment, now, in fairness.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Yes, well I've often heard you direct witnesses to answer the question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Well, I think it's an important question. I think it's an important question and I would ask you to answer it to the fullest extent possible.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Great answer.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: No, I'm not particularly happy with it. But that's all I'm getting, isn't it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Marc MacSharry: Thanks very much, and welcome, Mr. Gallagher. Thank you. What was your legal advice to the Government in the event of the guarantee not being successful in stemming the outflow of funds in the event of the European Commission not agreeing that the provision of the guarantee was compatible with the EC treaty?