Results 5,321-5,340 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Thank you, Chair. Did the Cabinet Ministers know, upon leaving that Sunday Cabinet meeting, that something would be happening the next day?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. Thank you for that. Let's go then to the meeting on the 29th. Did you know prior to going to the meeting that a decision on Anglo would be taken that night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: At what time did you reach the meeting and at what point in the discussions?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: At this point had the possibility of a system-wide guarantee been put on the table by anyone?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. Brian Cowen was chairing the meeting, we've heard in evidence. What was your role at the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Do you have an official minute or note of the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: We know that bankers who were in the building on the night drafted contemporaneous notes of their ... what they recall had happened either the next day or in the following days. Did you draft any such note?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: The meeting happened in the Department of the Taoiseach. Who's responsible for the meeting room, the papers left over on the table, drafts of press statements, drafts of guarantees that might have been present in the room?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Did you see any documents being destroyed after the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Do you feel, as the Secretary General to the Taoiseach and the Secretary to the Government, that the Taoiseach was lacking in advice from any quarter during the course of the evening?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Did you know that officials from the NTMA were outside of the meeting room?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: You said you thought you were attending a briefing ahead of a Cabinet meeting the next day, and Dr. Michael Somers, when he was before us ... gave the following evidence: I don't know why, if its true, that the two main Irish banks were prepared to pony up €5 billion each, for whatever period, provided they got a State guarantee, I don't know why that wasn't followed. If that is ......

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: You, you, you believe that there was only one shot, that you couldn't have just guaranteed the liquidity of Anglo to at least get you through to the next day?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: At any point did you advise against an incorporeal Cabinet meeting, and push for a full Cabinet decision in person?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. At any point did you advise against the decision itself?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. Are you satisfied now in hindsight that the expert opinion of the different State authorities was in the room at the time, given that we know that the NTMA was not present?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: But, then from your recollection-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: From your recollection, what were those views, as expressed by Mr. Cardiff, as to the view of the NTMA on the solvency of Anglo Irish Bank and on the knowledge of the Financial Regulator as to what was happening in the various financial institutions?