Results 22,961-22,980 of 35,891 for speaker:Pearse Doherty

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: That wasn't the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: It wasn't the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: Go raibh maith agat agus fáilte. Can I ask you, Mr. Gray, in minutes you provided to the committee from the Central Bank board, and in your statement as well, we see that the issue of the six-bank guarantee was raised? And a copy of the same minutes that this committee has access to - the reference from the secretariat is core book, John Hurley, Vol. 3, it's on page 33 ... and we see...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: Yes. You left that bit out from the minutes that you provided ... the bit that talked about the need for AIB and Bank of Ireland to get on board with this, and that they were opposed to this prior to this, to that point.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: If we have John Hurley's book please, Vol. 3. Can we get that, JH, Vol. 3, page 33? It's the next page ... and there it is. So, the minutes ... you've provided these minutes, but the last ... the second last bullet point there wasn't provided, which is, "There was a need to talk to the two banks which to date have been negative on such a proposal." The two banks ... we've seen these...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: -----minutes as well and this is a version for the public, but these two banks were, obviously, AIB and Bank of Ireland.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: The question is, Mr. Gray-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: You were informed at this meeting that you refer to in your statements that AIB and Bank of Ireland were not in support of a six-bank guarantee-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: -----and that they would need to be got on board with such an option.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: Well, the wording that we have, that's available to the public, is this third bullet point from the bottom is ... this is from the Governor ... "There would be a need to talk to the two banks which to date have been negative on such a proposal."

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: You don't include that part in the minute.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: No.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: You've included all of the other minute, but you've deleted ... or not deleted, sorry-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: You've-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: You've left out a paragraph which talks about the fact that AIB and Bank of Ireland were not supportive of this proposal to date and that there would've been a need for the Governor to-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: -----talk to them.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: And is your information that the discussions in relation to this proposal was with how many banks and which banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: It's not me.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Pearse Doherty: But, sorry, there was actually detail, just to-----