Results 4,361-4,380 of 7,082 for speaker:John Paul Phelan
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Yes ... well, I-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Briefly, also, I just wanted to ask you ... you weren't as forthcoming, at least in your original written statement, about the nature of relationships that existed from your time with the Department and the regulator. Can you elaborate and be as brief as you can? We're down under five minutes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: The ... that nature of that ... those relationships-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Can I ask you, then, in my last minute or two, how did your appointment come about initially as a public interest director in Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Okay. And then, also, subsequently, in terms of your appointment as chairman of the bank, how did that ... how did that happen?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Do you have any views as to ... if you had your time back again ... the initial conversation with Minister Lenihan ... or the decision to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Okay. Thank you both.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Always quick, Chairman. Briefly, Mr. Dukes, who told you from European level that Anglo had to be wound up as quickly as possible? Who was that conversation with, can you recall?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Outside of the ... your encounter with Minister Lenihan in Leinster House when you were asked initially to becoming a public interest director, were you giving any ... given any instructions or direction or riding orders as to what your role would be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: It was never really explained?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Okay. Simple-minded, I ... I ... I think others would dispute that assessment. Mr. Aynsley, Senator D'Arcy asked earlier - and I think Mr. Dukes answered - in relation to NAMA, had it done a good job. I don't recall if you had answered that question. If you did, feel free to say you did. But what's your view on NAMA, briefly?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Finally, do you think that your remuneration package, such as it was, which was significantly ahead of the cap that was proposed by the Government ... that it was a cause of the souring, or potentially partly at least, a cause of the souring of relations between the Department of Finance and management in Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
John Paul Phelan: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
John Paul Phelan: Thank you Chairman. Good morning, Mr. Fingleton. Firstly, can I ask you in relation to the Irish Nationwide annual report from 2007? It shows that in the period 2002 to 2007, profit before tax increased by 303% and total assets by 190%. It is document B02, IBRC00678-002. I don't think you are allowed to show. It is the annual report from 2007 of Nationwide, showing that tax ... profit...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
John Paul Phelan: Yes, and assets by 190%. This was at a time where you said in your opening statement that there was increased competition in the Irish lending market. Do you think ... the question really is: do you think that level of increase was sustainable in the context of that increasing level of competition in the Irish market at that period of time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
John Paul Phelan: And why wasn't there any action taken to ensure a more sustainable level of growth?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
John Paul Phelan: Okay. Can I ask, in your opinion did those levels of growth indicate that the pursuit of growth was affecting credit quality and lending standards within the institution in those years, 2002 to 2007?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
John Paul Phelan: Can I ask you, then, in relation to an article that was published inThe Sunday Business Post, 23 June 2013?