Results 12,041-12,060 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Okay. Thank you. With that said, I would like to thank you, Mr. Patterson, for your participation today with the inquiry and for your engagement, and now to formally excuse you, and to thank you once more. Before I go into an adjournment, just to let members know that there are documents in the room to be collected, and please ensure that they bring them away as they're leaving today. So...

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes (16 Jun 2015)

Ciarán Lynch: 315. To ask the Minister for Public Expenditure and Reform the relief available to businesses and residents who are unable to obtain flood insurance, pending the completion of the Douglas flood relief scheme in County Cork, which has been further delayed; and if he will make a statement on the matter. [23749/15]

Written Answers — Department of Health: Medical Card Administration (16 Jun 2015)

Ciarán Lynch: 541. To ask the Minister for Health when the introduction of the general practitioner visit card for over-70s will commence; if the card will be issued automatically, or if an application will be necessary; and if he will make a statement on the matter. [22993/15]

Written Answers — Department of Education and Skills: State Examinations (16 Jun 2015)

Ciarán Lynch: 739. To ask the Minister for Education and Skills if any adjustment in marking will be made as a result of the much criticised imbalance (details supplied) between the higher and ordinary level leaving certificate mathematics paper 1; and if she will make a statement on the matter. [23752/15]

Written Answers — Department of Communications, Energy and Natural Resources: Broadband Service Provision (16 Jun 2015)

Ciarán Lynch: 846. To ask the Minister for Communications, Energy and Natural Resources his plans regarding the provision of high-speed broadband in the Cork region; if he will address the concerns raised by an organisation (details supplied) in this regard; and if he will make a statement on the matter. [23745/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: All right, as we have a quorum, the Committee of Inquiry into the Banking Crisis is now in public session and can I ask members and those in the public Gallery to ensure that their mobile devices are switched off? In commencing session 1 today, we will be hearing from Mr. Tom Considine, former Secretary General, Department of Finance. I would like to welcome everybody to the public hearing...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: So, once again, welcome before the inquiry this morning, Mr. Considine, and if I can invite you to make your opening remarks, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Thank you very much for your opening comments, Mr. Considine. And if I can invite Deputy Joe Higgins to lead off in questions this morning. Deputy, you have 25 minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: If I can assist for a second here, Deputy Higgins. Mr. Considine, we can get a secondary opinion and subjective opinion from other witnesses in terms of ... you're in here this morning and we'd like to be talking to you about your contributions, what were your advices, what actions did you recommend and what actions did you personally take. So, if you could respond to Deputy Higgins in that...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: It's Vol. 1, Mr. Considine.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: 157, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: What is that Deputy, now-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: And that's 30 May 2003, that document. Just to ... just to give it a timeline, it's May 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Briefly now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay, thank you, Mr. Considine. Senator O'Keeffe please. Senator, you have 25 minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: I think it's actually on your screen there, Mr. Considine. It'll save you going looking for it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Thank you very much. I just want to deal with one or two matters then I'll bring in Deputy O'Donnell and we'll take a break at that time then, Mr. Considine. Mr. Considine, if ... just locate something for a moment and just familiarise myself. From the period of 2002 to 2006, you were both the Secretary General of the Department of Finance and you were also an ex officio member of the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: So those two roles are held concurrently, those two senior positions. Okay. Sorry, so after 2004, the IMF, the OECD and the ECOFIN all clearly recommended a tighter fiscal stance and a building up of a cushion for the time when income from property-related transactions would fall. That was a consistent message coming from those very, very senior observers. And, in fact, in the Regling and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay. So we'll go on a small bit more then. And its ... the next document is a pre letter in 2006 and there's a box here. If you look at the section ... the mid-section in the box it says, "Another indicator that house prices are becoming overvalued is that, based upon a debt service threshold of 40% of disposable income, an increase in proportion and potential buyers are being priced out...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: I'm not really interested in 2007-----