Results 4,721-4,740 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: -----there’s no need to fix anything?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Did you ever know about the existence of a No. 3 account that was specifically for-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: What was it for?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: And what was it for?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Political donations?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Was it ever ... on those 60 occasions ever to give anybody a dig out, for want of a better expression?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Okay. In a letter dated March 2008, regarding the inspection of commercial property lending exposures, the Financial Regulator states the following under the heading "Credit Risk Management": The Financial Regulator has raised issues relating to INBS' risk profile and credit risk management over a number of years. Our letter of 9 December 2004 set out our concerns regarding the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: So, to your mind, any issues raised were dealt with to the fullest extent. Is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Okay. Just two-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Just on that, and two very final questions, and we'll have covered all of that ground then, Chairman. You mentioned in your report, and I am conscious that I don't want to get into a particular area and the Chairman will stop me if I am going offside, you mentioned that your view as to why other financial institutions weren't the subject of investigations in the Central Bank. Can I ask how...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: And how would you be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: I know, but I mean you yourself weren't cognisant until 9 July or thereabouts so how would you be cognisant about other financial institutions?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Okay. So just to be clear, to the best of your knowledge but you don't know.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Okay. Very finally, do you feel, and I asked this of Mr. Walsh as well, do you feel that throughout your career in INBS that there has been an unfair focus by the regulator and Central Bank on the INBS and its activity?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: But you have said in your statement maybe you're less than enamoured with activities since.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Again, without getting into the specifics of Central Bank, regulator, Government, this inquiry or anybody else, do you have a sense or do you feel a sense, Mr. Fingleton said he felt wronged, do you feel that in some way INBS are the patsy, the fall guy for everybody else?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Do you see that as fair and accurate? I am finished then, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Marc MacSharry: Thank you.