Results 5,481-5,500 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: Okay. But Jurys and Burlington?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: So, the bank approached you over the Burlington site?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: But, sorry, just a moment ago I thought you told me that the banks never approached you?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: I don't understand the distinction.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: This is a private bank or private-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: But part of the bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: I mean, can we not deduce from that that it is the bank then approaching you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: -----to go into a deal?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: It is?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: So, in relation to my earlier question when I asked you if any of the banks ever approached you about new lending, or about, you know, investing in a particular site-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: ----the answer to that question would be?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: Okay. And this suggestion was put to you by the private banking in-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: -----in one of the banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: And to just ... to go back to the earlier line of questioning then, did this happen often?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: That was the only time it happened?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: Okay. You knew at the time that the market was overheated and that there was too much debt in the real estate sector, but you still went and bid?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: Why?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: You weren't taking any financial risk?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Eoghan Murphy: So, how did that work?