Results 13,581-13,600 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you. I just want to deal with just one other further line of evidence on that and coming back to the night of the guarantee and given your own presence at that meeting, if you could provide us any information as to whether the banks brought a document with a draft wording for a bank guarantee that night, and if they did, which bankers were it? And could you be able to describe the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: But a document being brought to the meeting - you have no visual evidence of that or recollection of that, or such?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you very much. Senator Sean Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you very much. Can I just deal with one matter that Senator Barrett was discussing with you, Ms Herbert, and that goes back to the situation in regard to ... in your own statement, you say, "It had also been made clear by the ECB that Ireland, and any other Eurozone country with banking difficulties, should do whatever was required to save their own banks." I just want to chase one...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I'll come to the bailout period in a moment-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: -----and the guarantee period first.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: But there seems to be a very high-frequency signal coming from Europe that no bank would fail.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: So, you know, so did you .... or to your knowledge, were you a part of a strategy to agree a communications line with the Department of Foreign Affairs to try and secure understanding from other European capitals on that position? And also, then, to put a position in place to communicate how the guarantee was going to be operated? We have reports that people like Gordon Brown, Christine...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: On the decision, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: And with our European partners, was there any engagement between the Department of Finance and the Department of Foreign Affairs to agree a joint strategy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I'm not talking about briefing, I'm talking about a communication strategy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay, thank you. Deputy Michael McGrath.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay. Thank you. Can I just remind members there with regard to phone distortion, because we have a tight, kind of, schedule today and questions have been allocated on a rotation of five, other members may not be asking questions in particular sessions, but there's a lot of phone distortion coming in. I'm asking members to turn off their phones. It's not acceptable to have your phone...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Bring it to closure and then I'm going to move on.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay. Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Final question now, Senator, okay?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Final question now, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I would say stop the clock but the clock is stopped.