Results 2,301-2,320 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: The late and former Minister for Finance, Brian Lenihan, recalled in an interview that he did in September 2010, that he had picked up a message on his telephone, his own mobile telephone, from you on Saturday, 27 September 2008 that said, "You must save your banks at all costs." Can you tell us what your recollection is of that phone call, and what communication either preceded that or...
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: So, just to clarify, Mr. Trichet, you or the ECB never gave any message to Ireland in September 2008 that no bank should be allowed to fail.
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: And again, during the hours that followed Saturday, through Sunday, through Sunday night, there were no phone calls, messages, conversations taking place between the ECB or its representatives and any member of the Irish Government or officials over that 24 or 36 hours?
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: So the Government didn't seek your advice and you didn't give it?
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: And finally, you say in your own statement on page 7 today, "The wave of debt maturing in September 2010 issued under the guarantee – confirmed Ireland’s loss of access to sovereign markets. Combined with other factors [...] the Irish government was confronted with no alternative but to ask for official support." Are you suggesting there, Monsieur Trichet, that the guarantee,...
- Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future (30 Apr 2015) Susan O'Keeffe: Merci beaucoup.
- 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-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Yes, and so that brings us back, I suppose, perhaps to the remark that is attributed to you that night ... that ... about the bankruptcy remark that you've discussed earlier. Is it possible that in that context, you may have been arguing that, well, if we are illiquid, we will be insolvent?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Why-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: You had no concerns.