Results 8,381-8,400 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: The best way to describe it is as assembling information.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: We do not need to know who was there, we just need to know what was said.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: Question the ability, not the inability.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: Next question.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: It will reflect that average, yes?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: I must advise the witness and the questioner that we are moving into generalities. We could have a conversation about how someone thinks something happens over a cup of tea. We must discuss specific matters.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: Mr. McWilliams should not stray into the area of identifying individuals. I already pulled him up in that regard.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: I need to move towards wrap up. This is way over time.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: I note to Deputy Phelan and Mr. McWilliams that the entry of late information into an inquiry towards the close of a session is not usually how we go about our business. We usually inform witnesses before coming in. I would not expect Mr. McWilliams to deal in detail with documentation presented at the end of a hearing.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: That needs to be supported.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: I return to the issue of the guarantee. In a newspaper article of 28 September 2008, entitled State guarantees can avert depression, Mr. McWilliams discussed the costs of various options that could be taken regarding nationalising banks and stated: There is another reason for not nationalising, and it is taxpayers' money. Once you start using taxpayers' money, you have to be careful. The...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: While I do not believe in pushing people to "Yes" or "No" answers, with the benefit of hindsight, do you think your comments underestimated the potential cost of the State guarantee?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: In your opening statement, you said you had published 2.5 million words.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: Excellent, because I have a question on them. Did you ever get it wrong?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: What did you get wrong?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: It is not.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: I had many professions before I came here and I have got things wrong in those professions. It is not just politics.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: Give us an example of something you got wrong in 1.2 million words.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: Give us an example. In the 1.2 million words you have written about the economic crisis in this country, did you get anything wrong?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)

Ciarán Lynch: In terms of getting things right for the future, what is your assessment of the Irish Government's level of preparation for the banking problems that emerged in September 2008? How well was the State prepared? Are Irish policy making authorities better prepared today, particularly regarding the regulation of the property and banking sectors?