Results 1,921-1,940 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: Same question for Mr. Beggs, about AIB's discount.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: And same question for both of you, was the establishment of NAMA with the mark to market at the lowest point, was it a mistake?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: That's contrary to what representatives of NAMA have said, that they are a model.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: Mr. McArdle, I'd hate to leave you out over there. Ulster Bank didn't participate with NAMA Were you surprised at the quantity of funds required from RBS for Ulster Bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: Mr. McArdle, on page 3 of your statement, point 4, "I want to make the following points ... The Regulator's management and board bear most responsibility for the collapse, here as elsewhere". More responsibility that the banks, who over-lent?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: In golf, there's an etiquette that you don't break the rules.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Michael D'Arcy: I do.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Thank you. Can I ask, Mr. Parlon, your views in relation to the construction standards today, are they sufficient?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Can I ask you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: : Yes, can I ask your view upon the costs? Is it worth the cost?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: No, I am aware. But, are they worth the cost?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Okay. Mr. Kelleher, you stated previously about data that was available to the CIF. It sounds similar to what some people from the banking sector had said and I'm particularly quoting Mr. Dermot Gleeson, when he spoke about the demographics that AIB had about the children born in 1980 ... would be requiring dwellings at some stage in the noughties. Was there any conversation between CIF...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: And, again, to Mr. Kelleher, in evidence last week, Mr. Dan McLaughlin, chief economist with Bank of Ireland, outlined the fact that his view was that it was the commercial real estate property sector that was a difficulty. And I'm going to quote you from last week, and it was in ... making a point to Deputy Pearse Doherty. "You, know [that] the State injected ... €30 billion into...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Can I ask you also-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Yes, can I also ask you, Mr. Kelleher, the term "unsustainable" has been used by yourselves.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Final question. In terms of the unsustainability of the sector, if the banks hadn't have funded your members, your members couldn't have gone building. Was there any analysis upon ICIF, you said you had one economist, about the increase of the banks' balance sheet? Figures quoted quite consistently at this stage is, Bank of Ireland and AIB, in or around 30% year on year, a compound...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: -----between 2001 and 2005, in particular; they were the big increases?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Mr. Davitt you are very welcome. Can I ask you in relation to the blue book, we are up to the seventh edition now. Prior to the peak of the boom, how many, what edition was available at that stage? What are the improvement in the standards?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: So what you are saying is that the book, the '04, would there have been an '04 edition?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: In terms of the improvements from '04 to the current edition of the seventh, what are the major ticket items that have improved, in terms of the standards, for your profession?