Results 8,401-8,420 of 26,043 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: And in various ... we had Mr. Sheehy in, former CEO of AIB in here yesterday. He stated that on the night of the guarantee that yourselves and AIB had concerns about what was being drafted by Government in terms of the guarantee about the whole area of the Financial Regulator looking for a line in terms of the solvency of the banks. Did you object to that line being put in to the draft...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: So you would have had no difficulty with a draft being issued by Government on the night that the banks were solvent?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Why would you support that position when in essence, at that moment in time, you would have thought the guarantee purely related to the four institutions and not to Irish Nationwide and Anglo?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Can I just go back to ... you made reference there that Mr. Cowen was very much in charge of proceedings on the night of the guarantee and that Mr. Lenihan was interacting. Could you just put a bit of colour to that particular ... just describe on the night what was happening?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: When you say "fraught", what do you mean?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: When you say interaction, what do you mean by interaction?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Go on, sorry, please elaborate.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: And what guarantee was Bank of Ireland looking for from the Government on the night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Specifically for Bank of Ireland now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Deposits.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Correct, what were you looking for?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Had you bonds maturing? I know I am running out ... I just want you to give me a, flesh out what you wanted, deposits, senior bondholders, had you bonds maturing?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: One brief ... it is very short. So you looked for the lower tier two subordinated debt to be included?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Lower tier two?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Mr. Goggin, we had Mr. David Duffy, current CEO of AIB, in before us yesterday. He said that the bank had contacted former executives of the bank looking for a reduction in their pensions back in early 2014. Were you ever contacted by Bank of Ireland in a similar regard?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: So you've taken no reduction of any form in your pension? ... I'll take that as a "Yes", as a "No" ... fine.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Can I ask the ... when you ... why did you retire rather than resign from Bank of Ireland?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Were you ... As part of your contract of when you retired was there gardening leave included in terms of going to other similar type financial institutions?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: But you are now working with Apollo who are a company who are investing -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)

Kieran O'Donnell: Can I just go to ... on the night of the guarantee you stated that you left, as far as you were concerned that a blanket guarantee was being put in place for the six rather than the four institutions.