Results 10,581-10,600 of 26,053 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: You accepted it.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: And can you go on ... the direct criticism of Mr. Nyberg where he said that there is "little evidence that [the] directors at [this] time were active in challenging the bank's approach or its pace of lending growth", which was incredible over that period in which you would have been director of Anglo.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: But in quick time, did ye challenge the bank's approach of the management and the CEO in terms of the direction they were taking Anglo Irish Bank in terms of the massive growth in commercial lending?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Can I move on to the contracts for difference? You were reported in Anglo Republic, the book, where you brought to a head the contracts for difference in September 2007. Did you believe it to be a critical problem for the bank and what did you see as the consequences? Were the non-exec directors kept informed? Did ye ... did the non-exec directors seek independent legal advice? How...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: When did you first become aware of the contracts for difference?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: How do you believe it affected the bank? What was the impact it had on the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: So-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Was it a catalyst that brought about the demise of Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Can I move on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Can I move on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: The bonuses. I direct you to Vol. 2, page 77 to 95, and Vol. 2, page 97 to 99 - the Nyberg report. So can I ... and what I really want, I suppose, to ask is did you consider the level ... you were on the remuneration committee, is that correct, Mr. McGann?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: 2007. Do you feel the level of bonuses awarded to senior executives to be justified in approach during the period? In the period from, we'll say, the years you were there, in '07 and, we'll say, '08 ... in '07, the CEO at the time - and it is in the accounts - received €3.274 million of a salary. He got a basic salary of €956,000 and he had a bonus of ... of €2...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: But it's also ... it was the highest salary of any of the banks.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: A monoline bank.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: So you believe that his salary of €3.3 million in '07 and €2 million in '08, with a basic salary of €1.15 million ... you believe that was justified.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Do you think it was justified?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Mr. McGann, can I take you to ... there was a golf outing with the ... with Brian Cowen - he was Taoiseach at the time - on 28 July in Druids Glen. Were you present at that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Can you take us-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Can you walk us through the day? What time did you arrive to Druids Glen at?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Kieran O'Donnell: Who booked the room?