Results 11,561-11,580 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: Question made, Senator. Mr. Neary.

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

Ciarán Lynch: You're interrupting the man ... he's answering the question. Continue, please.

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

Ciarán Lynch: The man is answering the question. Will you let him continue, please, and we'll get him to conclude-----

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

Ciarán Lynch: Just finish the story please, Mr. Neary ... please, without interruption.

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

Ciarán Lynch: Thank you.

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

Ciarán Lynch: I'd maybe draw a line under it there because you're moving onto speculation rather than informed opinion. Deputy McGrath.

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

Ciarán Lynch: The legal advice I have is that you can't do that.

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

Ciarán Lynch: There are upcoming trials that may be related to the ruling and evidence presented at that trial.

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

Ciarán Lynch: Please mind now, Mr. Neary, and I will allow the question to continue but, with regard to the relevant section and specifics, to be maybe a bit more general than specific in some of your commentary, okay?

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

Ciarán Lynch: Thank you very much, Deputy. So it's now just gone 4.30 p.m. so I propose that we will break until 4.45 p.m. and, in doing so, just to remind the witness that once he has commenced giving evidence, he should not confer with any person other than his legal team in relation to the evidence and matters that are being discussed before the committee today, and with that in mind, I suspend the...

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

Ciarán Lynch: Okay, okay. As we are now back in quorum, I'll bring the meeting back into public session and in doing so if I could invite Deputy O'Donnell please. Deputy O'Donnell you've ten minutes.

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

Ciarán Lynch: Remember 33AK now as well, Mr. Neary, here. And I'm just trying to avoid repetition as well in that regard. So continue, please.

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

Ciarán Lynch: That's fine for now, Deputy. Just ask the question.

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

Ciarán Lynch: Final question.

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

Ciarán Lynch: Okay, thank you very much-----

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

Ciarán Lynch: Thank you very much. I just want to return to the guarantee for one moment and then take a series of questions with you, Mr. Neary. We know what the final decision of the guarantee was, which was that it was a blanket guarantee to cover six institutions, and we know, from your testimony and other testimony that we have actually had, that there was a series of discussions and that those...

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

Ciarán Lynch: And from those discussions maybe different people had different views over the course of the evening as to what the desired outcome would actually be. Was there anybody sitting around that table who presented the six banks blanket guarantee option right from the get-go?

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

Ciarán Lynch: After the final paragraph ... at the final section, it says, "Care should be taken to ensure that risks are set in the context of the strengths of Ireland's strong economic performance and prudential environment." So, you were talking about scaring the horses, is this kind of an overstatement to make ... a kind of show a strength, but there wasn't really a degree of strength behind the statement?

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

Ciarán Lynch: Sure.

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

Ciarán Lynch: Mr. Neary, in around September 2007, there was a lot of discussion with regard to the stamp duty and what would actually happen to it. That discussion was reflected in a very, very significant slowdown in house purchases, because people were going to wait until the next budget to get clarity on that. There was a massive significant slowdown in the construction sector. We know that the...