Results 6,321-6,340 of 7,975 for speaker:Joe Higgins

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

Joe Higgins: Mr. Daly, you put forward some points as to what you ... what a sustainable model might look like in regard to property and financing and development, going into the future, based on your experience. Can I ask you in that regard, is it ironic or not that, currently, I mean by common consent, speculation and profiteering in land caused a massive bubble which caused a disastrous crash which...

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

Joe Higgins: Okay. It's a French expression, Chairman.

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

Joe Higgins: Plus ça change, plus ça reste encore. The more things-----

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

Joe Higgins: It's a cynical-----

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

Joe Higgins: -----proposition that, the more things change, the more they remain the same.

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

Joe Higgins: Okay. I'm sure you knew that already.

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

Joe Higgins: But Mr. Daly-----

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

Joe Higgins: We have to be very serious. I mean, would your sustainable model not outlaw, or not, speculation and profiteering in building land and the implementation of something like the Judge Kenny report of 1974, which you may be familiar with, which recommended control of speculation in building land?

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

Joe Higgins: Data.

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

Joe Higgins: Finally, Mr. McDonagh to yourself, you are a veteran of the National Treasury Management Agency, so you have seen over a long period, if you like, how pitiless the financial markets are in the way they operate, these major banks and what they've done to people. In terms of a sustainable model going into the future, would you see any merit in a publicly-owned banking system devoted to the...

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

Joe Higgins: A new ethos.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: Mr. Gleeson, you tell us in your extended opening statement that after October 2002, when you became deputy chairman of Allied Irish Banks, you went on a series of upskilling, educational programmes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: You attended banking courses at University College Dublin, the London Stock Exchange, Harvard Business School, Stanford University and INSEAD Paris, which describes itself as the business school for the world. You attended educational events at the International Institute of Finance and the International Monetary Conference. No doubt in some circles these would be seen as very prestigious...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: Mr. Gleeson, arguably the first speculative bubble and crash was what became known as tulip mania in Holland in 1637. Jan Brueghel the Younger has a fascinating painting about it. The impression is being given that what happened in Ireland in the crash was, you said a 100 year event. But in 1999, three years before you became deputy governor, Oxford University Press published a paper by a...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: To be clear, I'm not asking Mr. Gleeson if he was aware of this-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: -----but aware-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: Why not?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: Yes, but I want to ... Why not?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: I really don't have time for this.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Joe Higgins: Yes, but Mr. Gleeson's proposed question earlier-----