Results 9,041-9,060 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: So the Senator is quoting from the minutes or the transcript of proceedings of that meeting.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: What date was that?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: The Senator should conclude.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: The Senator should put his questions because he is already over time.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: There is no "just" about it. If the delegate gives an answer, there is no "just" about it.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: As Deputy Michael McGrath noted, part of the committee's work is to look to the future, consider policy matters and make recommendations based on the evidence presented to us. Mr. Moran has referred to the current rental cost per square foot in Dublin. How does it compare with prices in other urban centres such as Cork and Limerick? How far ahead is the cost in Dublin?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: Is the issue at this time one of supply rather than demand or a mixture of both?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: At what point during what might be called the bubble years, 2002 to 2007, was the cost around €50 per square foot in Dublin?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: There was an escalation to the peak when the figure was at about €50?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: Would Mr. Moran say, therefore, that there is a warning signal flashing?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: I have another question which brings us back to the 2002 to 2007 period. From our testimony a witness came here and said red lights were flashing in other areas, such as if a bank's profitability was growing so fast, questions would need to be asked as to why that profit is growing so fast. The consumer price index between 2000 and 2007 was running at about 30%. Research...
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: We will split the difference.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: The consumer price index was at 30%. If one divides 30% into 240%, or into 120% by the witness's reckoning, one still comes out with percentages that do not really match. They are severalfold what they are.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: One of Professor Nyberg's reports talks about the bonus culture and incentivisation that took place in the financial and banking sector. Mr. Moran explained earlier how the valuation model works. Are fees for estate agents, valuers and agencies like Jones Lang LaSalle derived from a percentage of the overall sale?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: So, for example, if the site sells for €1,000 and the agency is on 1%, then the agency gets €10. Is it still a percentage driven industry?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: Are there bonuses on top of the fees?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: Senator D'Arcy mentioned the Irish Glass Bottle site earlier. Is there a bonus for sales people, if they were to "land a whale" like that, as they say in Las Vegas?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: I wish to ask the witness about the broader regulation of the industry. Is the regulatory structure representative of the regulator and the representative body - both sides of the house in the one organisation?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: That is okay. Who regulates or who gives oversight and monitoring to the industry?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Ciarán Lynch: Is there a potential for conflict of interest there or not?