Results 23,081-23,100 of 35,893 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: The question is - what was your view to the issuance of 100% mortgages?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Are you aware of any other bank or institution that held similar views to your own and did you have any conversations with them about this?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Yes, can you tell us what Brian Patterson's and Patrick Neary's views were on this issue when ... in your conversations with them?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: First Active, is it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: In your note with ... on your conversation with Brian Patterson at the Irish Times Trust board meeting-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: The Irish Times board meeting, sorry, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: You say that the regulator had no legal powers to prohibit particular products; they do have general prudential powers, including the threat to impose ... including the threat of the imposition of incremental capital. You go on to say what IFSRA need to do was to have the courage of their convictions on any particular issue. What do you mean by that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: No, the powers are ... the courage of their convictions - what do you mean by that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Did you have the courage of your own convictions when it came to your own bank and deciding whether to introduce 100% loan-to-value mortgages?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: But even though you were fit to be tied, even though you thought this policy was a disaster, even though that this policy provided no risk to the customers and so on and so forth - even though you lectured the Financial Regulator with not having courage of their convictions - you went ahead and stuck your hand in the fire because First Active were ... had their hand in the fire.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: But other banks ... did all ... did ... other banks decided not to do this. Some institutions decided not to do this.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: But has ... is there an institution that didn't?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Okay. Did Nationwide introduce a 100%-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: In 2005.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Pearse Doherty: I get that, okay.