Results 11,041-11,060 of 36,274 for speaker:Pearse Doherty

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: I asked you the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Thanks a million, I think the same question that I've been given has been dealt with adequately, and if not, I'll take direction from the Chair. Can I ask you, Mr. Horan, in relation to a discussion we were having at this committee with another witness in relation to a letter that you signed in March 2008, to a financial institution, which talked about ... an institution having no access to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: And that fact that they would be shut out from ECB monetary operations and from the interbank market for a number of months, would that be more than just-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: -----you know, the liquidity pressures that were being felt across the financial sector at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Okay. Mr. Horan, I want to refer to the core document booklet, Vol. 2, page 134. It's a short reference anyway, but the document references the fact that towards the end of 2007, Irish banks had already lost between 30% and 50% of their value since the start of the year and that this was due to the exposure of Irish banks to the Irish property market. Would you agree or disagree with this...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Yes. Was the perception of the Irish financial sector's overexposure to commercial and residential property a correct or incorrect perception, in your view?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: And can we say or not that by the end of 2007, it was common knowledge in investor circles that the Irish financial sector was overexposed to commercial and residential property, and that this knowledge of the overexposure risk was being reflected in the share price?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Is it your view or not that, given that the share price had dropped significantly, as was said between 30% and 50% in the end of 2007, that the markets had already made up their minds in relation to certain financial institutions in this State?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Mr. Horan, finally, before I run out of time, you mentioned about being vilified in the media. You mention in your opening statement that you believe you are a contrarian voice, and you've added evidence to the committee in relation to back up those assertions. In relation to being vilified in the media, can I ask you, because the Irish public would be very aware of your involvement in the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: And-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Yes. The question I had to ask you was in relation to the sanctions, but it was being dealt with by Mr. MacSharry. But, the question then is if the Central Bank isn't given administrative sanctions - and I believe that the recording in the Anglo tapes was you suggesting to executives in Anglo, or senior bankers in Anglo, or a senior banker in Anglo, to act ethically, and to not kill the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Pearse Doherty: Okay.

Written Answers — Department of Finance: Mortgage Interest Rates (28 May 2015)

Pearse Doherty: 72. To ask the Minister for Finance if he will increase the bank levy on specific banks as opposed to a general increase; and if he will make a statement on the matter. [21091/15]

Written Answers — Department of Justice and Equality: Road Traffic Offences (28 May 2015)

Pearse Doherty: 103. To ask the Minister for Justice and Equality the amount of revenue that as been raised from speeding fines within a GoSafe safety camera location (details supplied) in County Donegal since January 2015; and if she will make a statement on the matter. [21163/15]

Written Answers — Department of Health: Health Services Staff (28 May 2015)

Pearse Doherty: 124. To ask the Minister for Health his plans to enhance the regulation of counselling and psychotherapy services; his further plans which would make it a requirement for practitioners to hold a minimum educational qualification in order to maintain industry standards; if consideration has been given to the benefit to the sector of introducing such regulation, particularly with regard to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Pearse Doherty: Go raibh maith agat, a Chathoirligh, agus fáilte roimh an tUasal Neary. I want to ask you in relation to ... just in relation to your actual principles-based approach and I put it to you and it could be suggested that not only did you implement and celebrate a principles-based approach but you went actually further than a principles-based approach because the rules that apply to that...

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Pearse Doherty: Was there any other ... you say that this was celebrated internationally and so on. Was there any other European jurisdiction that had a principles-based approach but that could not follow up on sanctions when the principles were breached?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Pearse Doherty: So, would you be ... do you still stand over the statement that the type of approach here, which included that the rules that were set out, could not be followed through were the similar practice ... practised throughout Europe and internationally?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Pearse Doherty: The point I'm making, Mr. Neary, is that a principles-based approach have principles of which you developed nine principles, which were followed up by codes and by conditions that had to be fulfilled by the banks but you did have ... you had no power, whatsoever, during your tenure as CEO to follow them up because of the staff resources that you have. I'm putting to you that: is it the case...