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

Ciarán Lynch: I am clarifying that to assist the Senator.

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

Ciarán Lynch: The use of a term like "good deal" or "bad deal" implies a value judgment. The Senator is putting words into the mouth of the witness. We are looking for Dr. Donovan's own view of the deal. How does he see it?

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

Ciarán Lynch: I call Deputy Michael McGrath.

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

Ciarán Lynch: I need accuracy.

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

Ciarán Lynch: I will allow the witness to return to this in his concluding remarks because this will be a final issue in the discussion this afternoon. We will move on to Deputy Eoghan Murphy.

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

Ciarán Lynch: There is a level of repetition. I am moving on. We are way over time. I call Senator Michael D'Arcy.

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

Ciarán Lynch: Dr. Donovan should be somewhat authoritative because when names get thrown into the room here, they enter a legal process. We need Dr. Donovan to be authoritative.

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

Ciarán Lynch: If Dr. Donovan could deal with the institutions, such as the NTMA and the banks themselves, we can deal with the particular named personalities at a later time.

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

Ciarán Lynch: Briefly, the Senator is on six minutes.

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

Ciarán Lynch: On Senator D'Arcy's question, what period are we talking about here?

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

Ciarán Lynch: It is pre-guarantee.

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

Ciarán Lynch: Senator D'Arcy is over time. I call Deputy Phelan.

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

Ciarán Lynch: A last question, Deputy Phelan.

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

Ciarán Lynch: I am going to move on, because we are way over time.

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

Ciarán Lynch: I need to move things on, because this committee room is scheduled for use at 2.30 p.m. and we are way over time for both sessions today.

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

Ciarán Lynch: Senator O'Keeffe, you know the rules. You know from your own experience the problem with accusations of lying.

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

Ciarán Lynch: Please. Actually, I will ask you to withdraw the question and put it again.

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

Ciarán Lynch: Can you reformulate that question? I do not even want it on the record.

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

Ciarán Lynch: Thank you, Senator.

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

Ciarán Lynch: The Senator's seven minutes have just elapsed. I call Deputy Pearse Doherty.

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