Results 8,421-8,440 of 26,043 for speaker:Kieran O'Donnell

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

Kieran O'Donnell: Now. AIB, Mr. Sheehy told us last night his understanding was it was just the four institutions.

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

Kieran O'Donnell: So can you tell me the circumstances and the meeting that took place, where your understanding was, who informed you that it would be a blanket guarantee involving all six of the institutions. What time was the meeting? Who was present at the meeting? Who directly informed you?

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

Kieran O'Donnell: Where all the banks there?

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

Kieran O'Donnell: There were only two banks there.

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

Kieran O'Donnell: What time was that roughly?

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

Kieran O'Donnell: Two o'clock in the morning, yes, came back into the room? Who was present in the room at that time?

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

Kieran O'Donnell: Who informed you? What was the circumstance ... how were you informed there would be a blanket guarantee of all six?

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

Kieran O'Donnell: And they said it was the six institutions.

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

Kieran O'Donnell: What response did the two banks give on the night?

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

Kieran O'Donnell: Did ye say ye agreed or disagreed with it?

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

Kieran O'Donnell: One final question, one final question. If you had it back again, taking all the factors into account ... you were a banker of 40 years experience, what would you have done differently with Bank of Ireland?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: We're all apologising today, Chairman.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: I want to welcome Mr. Trichet to Ireland and can I just ... a couple of points on the bailout. The letter that you sent to Minister Brian Lenihan on 19 October 2010, and then the follow-up letter that you sent subsequently on the ... sorry, 15 October was the first letter and the follow-up letter of 19 November 2010, where you effectively requested the Irish government to seek a bailout, is...

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: Mr. Trichet, did you envisage in your letter when you wrote on 15 October ... did you envisage that Ireland would be going into a bailout?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: When you wrote the letter to Minister Brian. Lenihan on 15 October, did you envisage that Ireland would be going into a bailout? Did you think Ireland would be going into a bailout?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: But you didn't request ... there was no request in the letter of 15 October?

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: Can I ask as well that ... there was a very dramatic moment in Ireland on 18 November, the day before you wrote the letter of 19 November were Governor of the Irish Central Bank, Professor Patrick Honohan, from Frankfurt rang our national broadcaster, RTE radio, to basically signal that Ireland would be going into a bailout. He was to attend a meeting of the governors, your ECB governors...

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: Correct.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: No, before the meeting. The meeting was at 8.50 ... He came onto national ... he rang national radio, "Morning Ireland", RTE - It's a very well known radio programme, well respected - and he effectively asked to go on the airwaves and he announced ... we would appear, unbeknownst to the Irish Government that Ireland would be going into a bailout. The two questions I have: did you, as ECB...

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015)

Kieran O'Donnell: Well. if you had ... You must have had a meeting very early in the. .. morning ... you must start very early in the morning in Frankfurt, Mr. Trichet.