Results 10,281-10,300 of 26,053 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: So if you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: And-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Why? Why did you do that, and who did you do that with?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: And if ... yes, and if you felt you'd issues with corporate governance whereby you should not become chair of a company when you're CEO, why did you canvass soundings and why did you support Mr. FitzPatrick being appointed as chair?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Was he a bit of a sacred cow at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: But, in hindsight, was it the correct thing to do for the bank at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Can I just do a point of clarification?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: You speak about credibility and honesty and so forth through your statements today. And the question, I suppose, that, to an ordinary person looking in, is it credible that, in Druids Glen ... that the group are a monoline group, they were effectively four people, three people along with ... four people along with Mr. Cowen, four people had a commonality, they were a monoline group. They...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: The public looking in. The people that ended up paying?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: No, now it's ... Chairman, just a very kind of-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Chairman, can I put my ... I'll explain it to Mr. Drury.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: No, I'll explain it. Allow me to explain.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Anglo Irish Bank has cost the ordinary person, taxpayer out there €30 billion that they will never see again. So the question I'm asking is: is it credible ... Anglo was in survival mode at that time; share price was falling; two weeks before the unwinding of the contracts for difference had taken place; major liquidity problems. They were a monoline group. It wasn't a diverse...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: And, secondly, is it credible that you discussed the economy without discussing banking?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: But-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Well, in the limited time-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: But in-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: In real time, at the time, Mr. Drury-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: -----in real time at the time, at that particular point in time, and in real time, not in hindsight, in real time, Anglo was in trouble as a bank.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Share price was falling.