Results 13,341-13,360 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Ciarán Lynch: Thank you. I'm just going to bring Deputy McGrath and Deputy Phelan in to close matters and any final comments you wish to add yourself, Mr. Cowen. Deputy McGrath.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Ciarán Lynch: Deputy Phelan.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Ciarán Lynch: Thank you very much, Mr. Cowen. Thank you, Deputy Phelan. I'm now going to bring the matter to a close. I know you're back here with us next week, Mr. Cowen. If there's something you'd like to add now, I'll accommodate it, or if you wish to just recommence next Wednesday, that's okay with me too.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Ciarán Lynch: I'm glad you said that. Okay. So, with that said I'd like to thank Mr. Cowen for his participation here today, and for his engagement with the inquiry. The witness is now excused until Wednesday, 18 July when we will recommence our engagement with Mr. Cowen. So, I now propose the meeting is adjourned until 3.30 p.m. on Tuesday, 7 July 2015. Is that agreed? Agreed.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: As we have a quorum, the Committee of Inquiry into the Banking Crisis is now in public session, and can I advise members and those in the public Gallery to ensure that their mobile devices are switched off? Today's public hearing is a discussion with Mr. Brian Cowen, former Taoiseach and Minister for Finance. And, in commencing this morning's session, I would like to welcome everyone to the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Once again, thank you, Mr. Cowen, for being here this morning. I understand that you requested 45 minutes for your opening statement, so if I can please ask you to commence and to make your opening remarks, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you, Mr. Cowen, for your opening address this morning. Before I invite the lead questioners in, there's just one or two matters I would like to touch upon with you. One relates to an article in this morning's The Irish Timesby Sarah Bardon that relates to the Department of Finance discussing methods of addressing financial difficulties of Anglo Irish Bank on the same day in September...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: That's the e-mail that-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you, Mr. Cowen, and I am sure any other matters in this, you can provide for clarification if needs be. Can I just bring up one issue before I invite in Deputy Doherty, Mr. Cowen? That is, when you took over from Mr. Ahern as Taoiseach, did you believe that the fundamentals of the Irish economy were sound and did any discussions take place with Mr. Ahern at that time with regard to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: But other than matters relating to the St. Patrick's Day massacre, as it was referred to, was there any other further discourse or conversation in that transitionary period between yourself and Mr. Ahern with regard to concerns in the wider Irish banking market?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Okay, I thank you. Deputy Pearse Doherty?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Final question, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Just the date.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Mr. Cowen, can I just clarify one thing before I bring in Senator O'Keeffe. The timeline of a two-year guarantee, where did that originate from and whose idea was it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you, Mr. Cowen. Senator O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: If you're referring to core documents now, we'll need them to be referenced.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Senator O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Just deal with the document first now, Senator O'Keeffe, Mr. Cowen hasn't seen that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: If he's okay with dealing with it, that's fine. Senator O'Keeffe.