Results 23,781-23,800 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But the question I've asked you - when you made that statement about the banks being well capitalised, profitable and strong absorption capacity, were you aware of the difficulties in relation to INBS in terms of the capital markets? Were you aware in relation to Anglo Irish Bank and Nationwide's over-exposure to commercial property? Were you aware in relation to the contracts for...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Go raibh maith agat. Mr. Farrell, was the IBF involved in corporate hospitality to anybody in the Central Bank or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: -----outside of the dinner that you organised for the bankers?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But that's your annual dinner yourselves. In terms of like, for example, the dinner for Mr. Patterson, is that, was that the only event where-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But what about the people within the Central Bank? Did you ever extend corporate hospitality or pay for lunches or dinners or outings?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: You had no set piece events where you could invite others-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Can I go back to questions I was asking in relation to your statement about the banks being well capitalised, profitable, strong and able to withstand the shocks that were coming? You mentioned that you weren't aware of anything that wasn't in the public domain. So, I want to go back to some of these positions. So, for example, in relation to Anglo and the contracts for difference and we...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. So when did you first learn of the issue of the contracts for difference?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay and in relation to the overexposure of the property market, when did you become aware of that in terms of ...?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But you do your own reports. Like, you do own-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: And you've not done any reports in terms of lending or anything in relation to that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: I'm not suggesting you were.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. That's fine. I just want to know your level of awareness in terms of the sector that you're representing. The final question is, again I want to go back to this issue that was ... that I discussed in my opening remarks and it's page 83. You mentioned that you were just passing on, this in terms of what could be suggested as lobbying in relation to Depfa Bank, you said you were...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. Is it your contention that this representation to Dermot McCarthy of the Department of the Taoiseach was passing on representations that you received from Depfa Bank? That's my understanding of the evidence that you provided here before.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But you passed on a lobby from the IBF to Dermot McCarthy, not something from ... you weren't acting ... you suggested that you were representing the industry and you were passing on a lobby from the industry to the Department of the Taoiseach.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But there is no ... there is no lobby here from the actual individual bank. It's an e-mail from yourself looking for support for an e-mail from the IBF looking for Depfa Bank.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Yes, but can we just stick to the e-mail and the lobbying that you may have been involved in? Do you acknowledge that there is no representation in this e-mail from Depfa Bank or, indeed, any other institution in this e-mail and the stream of e-mails?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Well, the question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: I'm aware of that. But the point I'm ... and the point I'm getting at, Mr. Farrell-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Yes.