Results 7,941-7,960 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I issued a warning before the meeting with regard to Mr. Regling and the remit of his appearance today. He was informed as to the content of this meeting and what he could prepare for. If he feels that a question is outside the realm of what he has prepared for, he is free not to answer.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Senator, I am going to make an intervention here and I will move onto the next question. Mr. Regling is here to deal with his report and matters relating to it. It is not the case that when we have a witness here we can talk to him or her about whatever we want. There are very clear rules. This committee has particular procedures to which it must adhere. My role as Chairman is to allow...

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Move on to the next question.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: You do, and those 15 minutes will be given in the questions. I will give you back the time taken by my intervention.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Yes, and the terms of reference of the inquiry.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: As long as they remain within the terms of reference of the inquiry.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I will give you the time.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Deputy O'Donnell is pushing a question that is leading towards subjective and hypothetical thinking. If the Deputy could move to the real substance of Mr. Regling's report I will give him another half a minute to ask a question to which he can get an answer.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Please ask a question, Senator. You have two minutes left.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: You are out of time, Senator.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: No, you are over time.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Deputy Doherty is well over time at this stage. He has had almost eight minutes.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Can I expand on what Deputy McGrath has raised with Mr. Regling? Was the bonus culture in the banks at the time, which existed both at senior management and middle management level, particularly targeted at the property sector and lending into the property sector?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Is it your judgment that the banks were incentivising growth in property and in property lending?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Third, and this is my last question before I move on to the next questioner, was middle management incentivisation through bonuses particularly unique to Ireland or was that a practice mirrored in other regions across the eurozone?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Thank you. The next questioner is Deputy John Paul Phelan and he has six minutes.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I call Deputy Eoghan Murphy who has six minutes.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I call Senator Barrett.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: ELA refers to emergency liquidity funding.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Sorry, Senator, can you ask a question please?