Results 11,861-11,880 of 36,274 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Well, just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Okay. Well, based on the four-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Based on the four points which you say you are being accused, your Government is being accused of doing nothing to deal with the risks, one we know is that the abolition of property tax reliefs were going to be abolished anyway in July 2006,-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: -----let me finish - and you extended them under transitional arrangements. The other one is that you did not spend the National Pensions Reserve Fund, which was the policy since 2000. The other one is that you did not reduce stamp duty, although you did reduce stamp duty for first-time buyers during that period.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: And the other one is that the regulator introduced something that your Government had no hand or part in, bar that you supported it. Can I ask you what did you personally do, as Minister for Finance, instead of, "We didn't do this", as in, "We didn't spend the national pension fund"? What did you personally do when you seen an explosion of credit in the financial markets and a massive...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Nobody asked you that question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: I'm asking a direct question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: No, I have not, with respect-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Well, answer that's fair enough .... no problem.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: No, no, the question is, as Minister for Finance, what did you do to stop an explosion of credit in the markets and an increase ... a rapid increase in house prices when you were Minister for Finance, as opposed to what you didn't do?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Listening to you, Mr. Cowen, and finally-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Listen, Mr. Cowen, I need to ask you this question: do you believe that your policies, as your time as Minister for Finance, helped to develop and sustain a property bubble in this country?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: But did your policies help develop it, that's the question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Did your policies help develop the property bubble?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Whether they were designed or not, did they?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: With respect, Mr. Cowen, you are not answering the question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: No you're not answering the question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: You've acknowledged a property bubble but you are not answering the question as to whether your policies contributed to it or not-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Go raibh maith agat agus go raibh maith agat arís. Can I ask you, in your opinion was the Central Bank or the Financial Regulator, sorry, was it the Central Bank or the Financial Regulator which was responsible for the systemic impacts caused by individual institutions during the period of 2003 to 2008? Which one was it in your opinion, the Central Bank or the Financial Regulator?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Which was responsible for the systemic impacts that caused ... that were caused by the-----