Results 5,781-5,800 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Seán FitzPatrick informed him of the position. Brian Cowen got home, and the first thing he did was went to meet Bertie Ahern. And Brian Cowen told you about that meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Right. So why?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Just, "I met the Taoiseach"?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: So, well, why did he tell you then?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Yes, sorry, you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Just a final question then. At the point of your departure from the bank-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: -----were you aware of the serious problems it was-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: -----facing in relation to liquidity? No?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: In relation to liquidity?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: No concerns about the robustness of Anglo bank or it's model at that point, summer of 2008?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Thank you. Thank you, Chair.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Thank you, Chairman. Thank you to both the witnesses. Mr. Dukes, if I may, I want to go through your opening statement just to get clarifications on a couple of items in it. On page 3 of your opening statement, you talk about the actions that you had to take ... by the board immediately following the nationalisation in January '09 and the first thing is an immediate review of the bank's...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: But January to March ... that difference ... Finance has a figure of €1.5 billion it's estimating in January and in March you have it at €4.5 billion.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Am I right that Finance didn't believe your numbers? Did they have an external review done as well? Is that-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Okay, moving on then-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Okay, thank you. I just want to move on then to another thing that you had to do following nationalisation, which is the restructuring plan in September '09. You did two plans and you worked with them in conjunction with the Department of Finance, the Central Bank and the NTMA and both plans were rejected by the EC and you say "It subsequently emerged that the Department of Finance had not...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Why would the Department agree the plan with you - the second plan - and then not support it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Did you ask the Department? Did you go to the Department and say, "What's happening here?"

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Did you see it as a breach of good faith?