Results 8,221-8,240 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: We will move towards concluding. I invite Senators MacSharry and O'Keeffe to ask their final questions.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I thank Mr. Buti for his participation in the inquiry today and for his very informative and valuable contribution, which has added to our understanding of the factors leading up to the crisis. I wish to put on record once again that Mr. Buti's attendance at this inquiry in his capacity as someone involved with the Commission was voluntary. I thank him for the work and preparation he has...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Our next item is a discussion with Dr. Donal Donovan. I welcome Dr. Donovan to the meeting for a discussion on issues relating to the international, EU and domestic policy context for the banking crisis in Ireland. He is very welcome to the inquiry. Dr. Donovan holds a BA from Trinity College, Dublin and a PhD from the University of British Columbia. He is a former International Monetary...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Thank you, Dr. Donovan. Before I bring in the lead questioners, he might deal with two issues. First, he might briefly distinguish the IMF's role from those of other international economic organisations. He might tell us why and by whom the IMF was set up. What is its purpose and who funds it?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Just a summary, Dr. Donovan.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I wish to ask about two matters arising from Dr. Donovan's statement. This will probably arise in questions later and I would like to get some clarity around it. In the first paragraph on page 4 of Dr. Donovan's opening statement, he states: "However, in quite candid exchanges in 2004 and 2006, Irish officials referred to "political, likely insurmountable difficulties" associated with...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: In the last paragraph of page 8 of Dr. Donovan's opening statement he states: "However, no consultation took place in 2008." In the third line of that paragraph he went on to state: "The reasons underlying this hiatus are not in the public domain." He further went on to state: "This must be considered a significant flaw." Is Dr. Donovan coming before the inquiry this morning to put matters...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Thank you. The first questioner this morning is Deputy Joe Higgins.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will call Deputy Higgins again as we wrap up.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will let Dr. Donovan answer that.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Is it in the statement?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will give you sufficient time to answer that and then I will go on to the next question.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: If members store up questions at the end, I will move on to the next question.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will need you to wrap up because I will bring Deputy O'Donnell back in at the end of this session.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Can we deal with Anglo Irish Bank very quickly and then Deputy O'Donnell's last question?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Dr. Donovan is significantly over time. I want to bring Deputy O'Donnell back in to wrap up. I call Senator Marc MacSharry.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: A last question, Senator.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: You are way over time.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Okay. I will bring Senator MacSharry back in to add to that briefly. I will have to bring this to an end shortly.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: To be clear, the Senator is asking for Dr. Donovan's opinion.