Results 23,641-23,660 of 35,893 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: So you didn't believe that there was a property bubble prior to May 2008 at least, when you left the Office of the Department of the Taoiseach, but you did believe that there was a property boom in 2006 that was getting boomier; is that ... would that be correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Okay, see this-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Okay. In relation-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Okay. We know from evidence that house prices and construction started to decline in the first quarter of 2007. Can I just talk to you about your speech at the opening of the new headquarters of Treasury Holdings on Monday, 10 December 2007? This was an attendance, just before Christmas, with Johnny Ronan and John and Richard Barrett was there. You talked about the outlook recognises "the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Sorry?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: It was 10 December 2007.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Yes but, Mr. Ahern, in this speech at Treasury Buildings, you yourself acknowledge the difficulties facing the construction sector. You said, "This is why in last week's budget we introduced these measures." You go on to say, "To provide a significant stimulus to the market [which is the construction market]," and you go on to say that, "These measures taken together testify to the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Mr. Ahern?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: In September 2000, after the publication of the third Bacon report and the adoptions of measures to cool the house price inflation, prices continued to rise. This is the year 2000. And further measures were proposed to you personally via an internal memorandum by the assistant principal in the Department of the Taoiseach to counteract this. One of the recommendations was to impose credit...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: As ... you didn't do anything else about it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: 2000, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Okay. Mr. Ahern, in your statement, you didn't address the key line, 5D, which you were directed by the inquiry to do. So can you now describe the main aspects of the relationship between Fianna Fáil and the building and the construction industry, and give your view on the purposes and outcomes of a substantial number of formal and informal meetings with representatives and leading...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: You've like ... you've given interviews in the media about being backslapped by developers on the way into Croke Park and, indeed, there's many other stories. I think Mr. Quinn lent you his helicopter to go canvassing in Donegal at one stage and there's many other stories that appear in the media. And, indeed, actually, one of them if I can refer to, in 2009, as part of the promotion for...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Can I just inform you, Mr. Ahern, you may not be aware of this? One of the terms of reference of this inquiry is to look into the nexus between property, finance, the State. And that's why you were directed under 5D2, in your statement, to address that issue. But given, from my view, that you failed to deal with that, that's why I'm asking you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: That's why I'm asking you that ... the questions in relation to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: -----in your engagement with property developers-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: -----and how that possibly could have-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: -----that possibly influenced your decisions at a later stage. And that's what the ... some of the inquiry has to look at.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: Mr. Ahern, in an interview in the Sunday Independentin July 2007 you stated that your main message was that people should not allow themselves to be convinced by the merchants of doom and that the Irish economy was in trouble or that the good times were over. And we also know at the ICTU conference, unfortunately you talked about sitting on the sidelines ... people sitting on the sidelines...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)
Pearse Doherty: The question was about-----