Results 15,441-15,460 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: And that is December 2007.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Just about nine months later, the bank doesn't go beyond the point of rescue; it actually gets rescued-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: -----in September 2008 and in January 2009, the bank is nationalised. In the period leading up to the guarantee, were you aware of any discussions that might have been taking place in Anglo that the bank was seeking to be guaranteed or may be guaranteed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Were you surprised that your bank was guaranteed, or were you not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: And why were you not surprised?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: And from hindsight what is your understanding of the rationale as to why Anglo Irish Bank was guaranteed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Yes, as and from now.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: That it was systemic.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: The bank was subsequently nationalised in January '09 and this committee has heard evidence in regard to ... that even nationalisation of Anglo was considered on the night of the guarantee. When did you first become aware of any consideration that your bank might be nationalised?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: There was ... and was there any discussion or debate or consideration in the ether, to the best of your knowledge, through any period prior to that, either prior to the guarantee or prior to the nationalisation itself, that Anglo was going to be nationalised?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay, and no other indication to your knowledge?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay. Thank you. Deputy Kieran O'Donnell.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: I just need your attention there. I was just taking a note-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: What's the question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: I would err on the safest side, on the side of safety. The issue of Mr. Quinn's involvement with Anglo Irish Bank has been discussed at this committee before-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: -----so if your concern is in regard to just entering that into the debate at this committee, I wouldn't consider that a concern. But if you have material information that is related to a potential or pending matter that's under consideration by the DPP, I would ask you to take a more cautious approach.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: That is more than accommodating. What I propose is, if you need to speak to your own legal team there, I'll certainly accommodate that. I presume that you just need maybe about five minutes, Mr. Fitzgerald. If you need longer than that, just come back to me.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Just adjourn, and I'll just put the meeting into a very short suspension for a couple of minutes. Okay?