Results 7,821-7,840 of 16,492 for speaker:Ciarán Lynch

Written Answers — Department of Environment, Community and Local Government: Tenant Purchase Scheme Administration (14 Jan 2015)

Ciarán Lynch: 878. To ask the Minister for Environment, Community and Local Government the progress to date regarding the sale of flats to local authority tenants; if details of the transfer orders and charging orders have been prescribed to local authorities; and if he will make a statement on the matter. [1494/15]

Written Answers — Department of Environment, Community and Local Government: Seniors Alert Scheme (14 Jan 2015)

Ciarán Lynch: 911. To ask the Minister for Environment, Community and Local Government the changes to the seniors alert scheme that are proposed; his views on whether sufficient consultation has been undertaken with interested parties; his further views on the points raised in a document (details supplied); and if he will make a statement on the matter. [1107/15]

Written Answers — Department of Environment, Community and Local Government: Homelessness Strategy (15 Jan 2015)

Ciarán Lynch: 226. To ask the Minister for Environment, Community and Local Government his views on correspondence (details supplied) regarding responses to the issues of homelessness; and if he will make a statement on the matter. [2005/15]

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: As we have a quorum, the Joint Committee of Inquiry into the Banking Crisis is now in public session. Today's agenda is item No.1, a discussion with Professor Patrick Honohan on the report for the Minister for Finance by the Governor of the Central Bank entitled The Irish Banking Crisis, Regulatory and Financial Stability Policy 2003 - 2008. I welcome everyone to the third public hearing of...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: I thank the Governor. Before I begin, I will go through the lead questioners, who are Deputies O'Donnell and Michael McGrath with 20 minutes each. They then will be followed in ten-minute slots by Senator Barrett, Deputies John Paul Phelan, Eoghan Murphy and Pearse Doherty, Senator Michael D'Arcy, Deputy Higgins and Senators O'Keeffe and MacSharry. To commence proceedings and before I...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: For the moment, can the Governor state how much it cost?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: I have just one further question before I bring in Deputy O'Donnell. On page 115 of Professor Honohan's report, in section 8.9, he refers to the crisis management manual. I understand it also was known colloquially as the Black Book.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Professor Honohan has stated it was not employed to any significant extent during the actual crisis. Can the Governor explain to the committee what the manual was, who prepared it, what agencies were involved in the preparation and what it included?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Professor, we are here in the public arena.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Can the Governor give members a brief summary as to what were the actions indicated in it and why it was not used?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Were they used?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: But the Black Book was in preparation to anticipate a crisis.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: I think it had simulated crises and other things coming down the track-----

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: -----whereas by 2007, the whole crisis actually was in full-blown swing at that stage.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: So in terms of the documentation preparation for a crisis, is the Governor confirming to the committee this morning that the aforementioned documentation, the Black Book, was not instigated? To use the Governor's own analogy with General Eisenhower, Jack Nicklaus once said that the more he practised, the luckier he got. While the Black Book was practised, was it actually used?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: I thank the Governor.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Was it a self-fulfilling prophecy that this would happen two years later, when the guarantee ran out?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: I will bring the Deputy back to Professor Honohan's report because we will deal with the bailout during a later module.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Will the Deputy put the question rather than make a statement?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Professor Honohan said that between 2004 and 2006 things were getting rocky. What happened in 2003?