Results 23,801-23,820 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But there is ... where ... point to me where you passed on those representations. This is an e-mail, which shows that you're looking for support from the Department of the Taoiseach to support a representation from the IBF to include Depfa and another bank under the guarantee. The question I'm asking: how are you saying that you're passing on representations? There is no ... it doesn't...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Yes. But ... how did you pass them on, is my question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: And that detail to ... the e-mail is from the IBF not from Depfa? It's signed by-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Can I ask you, the original representation to the Department of Finance was on 14 October looking for Depfa to be included in the guarantee. You then issue a two-liner looking for the Department of Taoiseach's general secretary to support the request that was made the day before. What was ... what instigated ... what happened between half past three on 14 October and the time, the following...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Do you ... did you not, then ... can I ask you, finally, the original e-mail, which spells out why Depfa Bank and WestLB should be covered under the guarantee, did you not feel that that fulfilled the obligations of the Irish Banking Federation to represent, to represent the interests of the bankers which you represent?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Go raibh maith agat, a Chathaoirligh, agus fáilte. Can I ask you what contacts, if any, did you have with the ECB, the IMF or the EU Commission on the design of the national recovery plan? And, if there were such contacts, what were the key actions sought by them?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay, and, Mr. Trichet would have been in correspondence with the Minister for Finance and the Taoiseach ... cc'd into the Taoiseach, so you would have received that correspondence, would that be-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. You were mentioning to Senator MacSharry in relation to issues that the Commission may have had in relation to the recovery plan. How were you aware of them if you weren't in any discussions with contacts?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. Ms Kathy Herbert gave evidence to the committee saying that the corporation tax - on foot of a question from Deputy McGrath - was it a red line issue for the Minister and she answered that it was, not just for the Minister but for the Government. Is that your understanding?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: And so, when you talk about a red line issue, basically, if there was a push on the corporation tax, was it the position of the Government that they wouldn't have entered into a bailout?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But doesn't a red line issue, by definition, mean that you won't go beyond that point, so, therefore there would be no deal if there was a push on corporation tax? Was that an active consideration, to your knowledge?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. So, it would be more a priority than a red line issue. Is that what you're telling us?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. And, in relation to cuts to the minimum wage or cuts to those with disabilities that took part in the pension ... or, in the four-year recovery plan, were they red line issues or priorities for the Government, or were the Government eager to pursue those areas?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Do you believe now, in hindsight, that that was an appropriate move, to cut the minimum wage by €1?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Were you convinced at the time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Did you argue against it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Was that a view of just yourself, or was it the Taoiseach's view? Was there support for your view?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. Can I ask you just to refer to Vol. 2 of the core booklets on page 18 actually, if we go to that one first. Page 17 and 18 have minutes of the meeting on 30 September 2008 which you were present at, and it talks about different options - nationalisation, guarantee - the minutes are vague, they are Kevin Cardiff's notes. At the end of it on page 18 it says "DMcC [which is yourself I...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But you never received the pros and cons.