Results 9,441-9,460 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: But there was a roll-over at the review. There was a roll-over of this difficulty on an ongoing basis within ... and it was a significant issue between 2006 and 2008.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Alright, thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Deputy John Paul Phelan.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Do you have a comment or a view on that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: You ... okay, okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Okay. Deputy Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Final question Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: I...you're moving into value judgment, now ask the question, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Senator O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Deputy Doherty?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: We can talk through what Mr. Daly actually said yesterday because I wanted to wrap this up in ... because I had it in my notes. What NAMA, to my knowledge, and I can stand corrected in this, is the biggest national asset management agency in the world, or is a company that holds the biggest portfolio, so Mr. Daly comes with a certain authority, given the job that he has as the biggest of...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: He continues: Rarely, if ever, was it in the form of cash", "Rarely, if ever, was it in the form of cash. On the face of it therefore, developers had some skin in the game, but in reality that amounted to nothing more than unrealised equity positions levered by the developer to secure funding for new transactions. He then goes on to say, and what this means in summary: In effect,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: I wouldn't purport myself to have the same level of experience and knowledge that Mr. Daly would have, and in that ... I grew up in a council estate, my parents bought their home through a tenant purchase scheme, so I don't come with any big property background, but what I hear him saying here, very simply, is, there is an issue of acceleration and deceleration in the property market, and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: I'm going to move to the wrap-up. Senator MacSharry, five minutes, and then Deputy-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Okay, thank you very much. Deputy Murphy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: That was optics. In terms of optics ... that you were making a statement to the world market that you were sound.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Sorry, Deputy Murphy. Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Yes, a discrepancy is ... a judgment-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Thank you very much. I am now going to bring proceedings to an end, Mr. Forde. Is there anything further you would like to add by means of comment or suggestion or anything else?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Ciarán Lynch: Thank you. So, with that said, I'd like to thank Mr. Forde for his participation today and for his engagement with the inquiry, and as I'm excusing you ... just before I call an adjournment to the meeting, just to remind members that we're adjourned until 3.30 p.m. next Tuesday. The public hearing on Wednesday morning will commence at 9.30 a.m. On Thursday, to facilitate events in the...