Results 9,481-9,500 of 26,053 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: -----and you had another night of the guarantee, do you have the legislation or does the Government have the legislation, to remove CEOs of banks that might have to be bailed out by the Irish State?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Yes or no, I suppose.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Yes, but the High Court could take-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: So you would feel confident that if you needed-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: And you could remove them overnight?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Okay. Can I just specifically, in the report itself, on page 4 of the report, it states that, on the third paragraph ... the fourth paragraph down: "The revised Code of Conduct on Mortgage Arrears ... which was published in June 2013 provides a strong consumer protection framework in compliance with the [consumer code of conduct of mortgage arrears] will continue to be central to the Bank's...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Well, it's the same. It's within the report.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: And you published the report where you had carried out an inspection of seven financial institutions for ... in terms of the code of conduct on mortgage arrears, which is from this document here. Now, you found breaches of that. So the question I suppose I want to ask, do you have sufficient legislation to publish the names of those institutions that breach the code of conduct in respect of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Professor-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: How ... can I just ... in the context, they were set up to protect mortgage-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: -----but ... but if you're still finding breaches-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: And can I ... would you not get a more effective tool with the banks to make them fully compliant? To publish the names of the institutions that are breaching these-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: And why would you not do that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: You might publish them?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Can I ... can I go back to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: I'm concluding this point, Chairman, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Professor Honohan, John Moran, who was a former Secretary General of the Department, was in before us, and he was of the view that the cost of the bailout, the banks' guarantee, would purely boil down to Anglo - that the other banks will effectively fully repay the taxpayer or the investment in them. You've put in a figure of €40 billion. How would you view that pronouncement by John...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: What would be your professional opinion?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: Can I go to page 4 of your statement, and you speak about, that on 4 November, that the ten-year bond yields had gone up by 500 basis points.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Kieran O'Donnell: We're talking about effectively the-----