Results 8,821-8,840 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Is there anything Mr. Browne would like to add before we wrap up matters?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Thank you very much for your participation in the inquiry today. The commentary has been very informative. It has been a valuable meeting that has added to our understanding of factors leading to the banking crisis in Ireland. With the permission of members, I propose to suspend the meeting until 2.45 p.m., at which time we will resume to speak with a delegation from the Irish Examiner....

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: We are in public session. We will proceed with session three of today's hearings, which is a discussion with two representatives from the Irish Examiner- Mr. Tom Murphy, CEO, and Mr. Tim Vaughan, editor - about the role of the media during the property boom in the lead up to the banking crisis in the period 2002-07 and any changes of approach after the crisis. Mr. Murphy and Mr. Vaughan...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Before I begin, I wish to advise that, by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to this committee. If they are directed by the Chairman to cease giving evidence on a particular matter and they continue to so do, they are entitled thereafter only to qualified privilege in respect of their evidence....

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I thank Mr. Vaughan. I now invite Mr. Murphy to make his opening statement.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I thank Mr. Murphy. Before I invite the lead questioners perhaps I can put a question to Mr. Vaughan and to Mr. Murphy on which both of you may wish to comment. In his opening statement, Mr. Vaughan refers to the preoccupation with property in a country experiencing an unprecedented boom and that we were proclaimed throughout the world by our political leaders as an...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Could Mr. Murphy outline to the committee the extent of the property related advertising function within the Irish Examiner during the peak period from 2002 to 2007, for example, the proportion of staff working in theIrish Examinersay in the print room in comparison to the journalism floor and the general size of the property supplement of that time?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: What was the revenue coming in from that on a weekly basis vis-à-visthe overall revenue intake for the paper in terms of sales circulation and advertising?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Revenues to advertising or overall?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Mr. Murphy referred to the movement of the Irish Examinergroup into Landmark Media holdings. He also explained the move from Academy Street over to Lapp's Quay. We will move to the end of the crisis period, or the expansionary period. How would he view the situation for the Irish Examiner? When the dust settled after the property collapse, was the Irish Examineras an entity a net...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: The corporate entity of which the Irish Examineris part.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Did the company need to be restructured?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: What Mr. Murphy is trying to clarify is whether the Deputy refers to overall advertising revenue or property-specific revenue.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: That is your last question, Deputy.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: One minute remains for the Deputy.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I will take a final question from the Deputy.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I thank Mr. Vaughan. Before we move on, I wish to put a question to both witnesses. During the expansionary period, or bubble period, between 2000 and 2007, did either of the witnesses ever sit down with their counterparts in any of the other major media, such as newspapers and radio and television broadcasters, to discuss the property market explicitly either in terms of advantages to be...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: That happens in politics as well.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Once you are within the terms of reference you may. If the witness is unsure he can just look to me. If the witness is prepared for the question and feels comfortable in that area, we can go ahead.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I understand that. So if you feel uncomfortable, just come back to the Chair and I will give direction.