Results 1,661-1,680 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Michael D'Arcy: So, your No. 1 is irresponsible developer funding?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Thank you, Chairman. Mr. Gleeson, thank you for coming. In your opening statement, the comprehensive document, page 20, section 83 ... Mr. Gleeson?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: The initial portion of it is where you discuss the conversation that was being held between AIB and Bank and Ireland-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----and there was that there would be a guarantee for four and, in your own words, that the Anglo and Irish Nationwide there would be a taking down or taking into custody.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: You subsequently state, "At a meeting on a subsequent occasion, when I was alone with the Minister of Finance he indicated that that was the course which he had favoured on the 29th September, but that other views had prevailed."
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Could you expand upon that line in terms of the conversation you held with the Minister of Finance?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: In previous evidence, Governor Honohan, at a chapter he wrote in a book about in ... about Minister Lenihan, stated that Minister Lenihan told him he was overruled.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Thank you. In your, and I'm quoting core documents AIB C3b-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----page 33, the memorandum of ... C2b sorry.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: AIB core documents, C3b, Vol. 2.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Page 33 in a memorandum from yourself to Mr. Eugene Sheehy.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Point 1, you state, "Two institutions nearly brought down the system." Point 2, you state, "Their [.....] went unregulated, by a hopeless regulator." You-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: But this was written on 2 October-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----and at that stage-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: In the guarantee, going back to again, AIB C3b, Vol. 2, that same document, Mr. Gleeson.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Page 41, we've discussed it previously about INBS-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----about INBS requiring potentially €2 billion to €4 billion.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: You had discussed that before and you had ... was there any other previous discussion formally or informally with the Financial Regulator prior to the night of the bank guarantee that another institution may have required additional liquidity, before the night of the bank guarantee, with AIB senior officials?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: And it's clear in that document also that the Bank of Ireland due diligence certainly coloured your view upon INBS. Is that correct?