Results 14,881-14,900 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you. Senator Marc MacSharry, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Final question now, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay. Deputy Eoghan Murphy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: I'll just allow you a supplementary there if you're not finished, Deputy. You've some ... on this same line of questioning - nothing new, now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Well, okay, there's gender parity here. I'll allow that but very, very briefly, okay. And not a whole new line of questioning.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay, thank you very much. I'm just going to take some questions myself and then maybe propose we might take a short break after that then, if that's agreeable. Mr. Gormley, just with regard to your own witness statement, you state that circa ... in and around quarter 1, 2009 ... this is on page 5 of your statement: An immediate nationalisation was ruled out as the state would not be able to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Yes, sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay, we can resume after the break on that. Just on other matters related to that. I think earlier you commented upon ... that there's nothing wrong with nationalised banks. That was a general sentiment you expressed earlier.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay, and if I can maybe just draw you back to your discourse and engagement with Mr. McWilliams in that regard. What is ... what was your view, or Mr. McWilliams' view, with regard to liquidated banks and was this issue discussed with Mr. McWilliams at all?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay. And maybe Ms Harney might come in on the next question as well. If you feel free to, just indicate to me. Just staying on that particular issue, Mr. Gormley, what options did you and Government colleagues and/or advisers discuss and what were the main influencing factors to nationalise Anglo and not to recapitalise in January 2009?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: What options did you and Government colleagues and/or advisers discuss and what were the main influencing factors to nationalise Anglo and not recapitalise in January 2009?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: We can return after the break ... sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: And sure-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: I can indeed and I'll bring you in in a second there, Ms. Harney. And I can certainly take that on board, that Mr. Ryan was far more intimate with these matters than you would have been. But the question would be to yourself, Mr. Gormley. To your information, what was being presented to you, what did you consider the options to be and what advices were you partaking in? I know Mr. Ryan...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: No, I'm talking about the issue to nationalise Anglo and not recapitalise it in January 2009.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Ms Harney?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay. And if I can maybe just come back to what I was speaking to yourself Ms Harney, just give me one moment there and I'll deal with it. It's in regard to, yes ... I'll just bring up some documentation ... this is just a reflection of a series of correspondence that took place between yourself and then Minister for Finance, Charlie McCreevy. And the question kind of relates to the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: The kind of a narrative I just want to establish around that because ... one of ... I'd be in the Parliament when you were there yourself, as a Minister, and the one thing I admired about you was you seem to almost have a photographic memory. I might be incorrect in that regard but the way that you can kind of quote back the figures-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: I ... I don't suffer from the same thing ... or I don't actually have it, I suffer from the quite the opposite because I'm misnaming members of this committee at times and all the rest of it. But I tend to recall that there was a ... maybe a conflict might be too strong a word, but there seemed to have been a strong position coming from your Department and a strong position coming from...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Well the broader matter.