Results 1,141-1,160 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Was Mr. Nyberg's report reviewed or changed in any way by departmental officials or anybody else prior to this report?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Did any of the 140 people whom Mr. Nyberg interviewed or with whom he spoke or any of the reports and documents he saw give any indication there were private working accounts that were different from the audited accounts of any of the institutions that he looked at?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Mr. Nyberg did not find, but did anybody suggest it?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: On page 4 of Mr. Nyberg's statement this morning he says that he believes the excessive risks taken and the subsequent losses appear to have been the result of ignorance or a lack of understanding. There would be many people at this table and, indeed, outside of this building who would say that much of that was down to negligence, selfishness, people lining their own pockets and a lack of...
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Would negligence not be a fairer word than mistake? There was an air of negligence among some people, not everybody, but the word mistake implies I made a mistake, but to be negligent is a different thing.
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: So Mr. Nyberg would say that in the people he interviewed, in the documents that he read, he did not see any wilful behaviour?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: It was down to, as he says, ignorance or lack of standards.
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Mr. Nyberg and others have raised the issue of auditors. In terms of the conversations relating to what was reviewed, etc., did the issue of any auditors resigning ever arise? Mr. Nyberg refers to the fact that this was a possibility but noted that nobody did so. Did anyone ever consider resigning?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Does that mean that auditors are obliged to rework audits? How do they make audits clean if they are dirty?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Mr. Nyberg stated earlier that a small number of the contrarians in the public sector would have been sanctioned indirectly. How did he come to know that such contrarians might have been sanctioned?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Were the contrarians in question sanctioned? Did they tell Mr. Nyberg that they had been sanctioned?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: At the time of the bank guarantee, many commentators and many members of the public believed that the guarantee came about because of an unnatural closeness or an unhealthy closeness between some bankers and some politicians. Mr. Nyberg also spoke to some politicians and some bankers. I wonder what his view might be of that relationship.
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Perhaps nobody referred to it because they were not asked directly.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: I thank Mr. Wright. Were he and his team surprised that he received so few public submissions? He advertised in the newspapers but he got very few.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: How many people did Mr. Wright invite?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: In the order? Ten or 100?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright talks a lot about the importance of written documentation and so on. Was he made aware at any point by anybody that relevant documents might have been deleted or destroyed or removed from the Department?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright did not hear that.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright refers on page 21 of his report to the European Council's warning under Article 99.4 about the overheating. It is not clear from the way Mr. Wright phrased that whether we, as in Ireland, the Department of Finance, ignored that. That is what I understand but perhaps Mr. Wright might clarify. Was the warning ignored?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Sorry, just to clarify. Mr. Wright is saying that the warning that came was pushed back from here?