Results 9,361-9,380 of 26,053 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: You took a proposal to the Minister which went to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: But I suppose, in the limited time, what I really want to know is how did that ... did you ... was your proposal that Anglo would be wound down earlier?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: What timeframe had you in mind that IBRC would be wound down?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Well, then just two quick things.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Did you ... like, the other banks you were looking to wind the assets down over a longer period of time and the troika wouldn't push you on that, whereas IBRC was quicker, and could you, in terms of the reorganisation of the pro note, did IBRC have to be liquidated for that to happen?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: And ... and-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: On the promissory note.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Okay. Can you comment on the quarterly review meeting held with the troika and work programmes up to the end of 2013? Can you comment on the key difference in the rationale, including certain Government Departments overspending certain years, and, in that, can you say were there missed opportunities during the troika programme in terms of reforms for Ireland and Europe in your view, or not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Comment on the------
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Comment on the key differences in rationale, including certain Government Departments overspending certain years. It's basically during the troika bailout programme.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: 2013. That's it really, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Missed opportunities.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Thank you, Chairman. Welcome, Mr. Moran. Sorry for detaining you. During his hearing in the context phase of this banking inquiry, the well known economist - we are talking about economists - Professor John FitzGerald said: There was a culture change in the Department of Finance in the last decade. It became more concerned about the politics of things and less interested in the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: He's talking over a ten-year period which really is from, I suppose, 2004-2005 on, which was the period in which you came back. You came back to the Department in 2003. We won't associate you with the change, right-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: -----but did you find when you did come back like, what's the ... like when your officials in the Department are ... in terms of their actual terms of reference and what they do, how much of a lead do they take from the Minister of the time and the political aspects that that brings as well, Mr. Moran?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: But I suppose in your time in the Departments in the last ten years, were there occasions where you felt that a certain course of action should have been proceeded, on a technical basis, and you were overruled on a political basis?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Can you remember any occasion where you disagreed with the contents of the pre-budget letter from, we'll say, the Governor of the Central Bank, that was sent to the Minister for Finance between '02 and '08? Obviously I'll make that '03 and '08. And were there challenges within the Department of Finance to these pre-budget letters that were received from the Government?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: You can't recall. You refer in the statement in the Wright report and its findings that the Department did warn against the adoption of inappropriate policies, although not as forceful as it should have been. During your tenure as assistant secretary from July 2003 up to the banking crisis, were any internal analyses undertaken on the growing dependency on property-related tax revenues?...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: We want to ... we want a practical input from you as well.