Results 1,801-1,820 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: So was the conversation that these two banks were going to be the ones to pull it all down or did-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: Okay. But what about AIB and where it stood? We have already referred to Eugene Sheehy's observations. So what were you thinking?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: At that point, what were AIB saying about themselves? Were you guys talking about your own capacity to be insolvent?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: Just tell us what kind of time period are we in here, August, September, mid September? Can you try and just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: So there was a very clear understanding at senior level in AIB that things were getting very serious-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: -----for everybody including yourselves.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: And that it could be fatal.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: Okay. Given ... I know that you weren't directly involved with the bank guarantee, but do you ... obviously that message was taken then. That must've been a key message going-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: Obviously for yourself, you have expressed your own regret and your own concern about what happened in your time. Do you think that you might have resigned given what happened? I mean, I know you left, but I don't think you used the word "resign", even though you acknowledged that your division took the bank down.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: I wasn't meaning to, I just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: And obviously you left with your pension and all of that intact.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Thank you, Chair. Mr. Buckley, can I ask you specifically on page 8 of your statement, you say there were periodic requests from the Central Bank Financial Regulator, usually addressed to the chair of the AIB, raising concerns about and asking for reports on the mortgage market and AIB's lending strategy in relation to it. Can you tell us what sort of concerns were being raised at that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: I don't and I just specifically want to know what the concerns were, Mr. Buckley.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Was the Financial Regulator concerned about anything that AIB was doing?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Not specifically-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Thank you. Mr. Sheehy, when Mr. Forde was with us here last week, he said that there were meetings going on all over August and September, that there was rising concern in the bank, there were management meetings at the weekend and so on. So, he said ... I asked "Was there a very clear understanding that things were getting very serious?" "Yes". "For everybody including yourselves?"...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: In that situation, the bank went ahead as discussed earlier and paid the dividend, because it had been agreed ... I think you told us in June, July?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Contractually obligated.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: So, you yourselves were in a declining situation at that time, you were having meetings, you were concerned about the fate of the bank, there was ... but you still had to go ahead and pay the dividend. Have I understood that correctly?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: So-----