Results 23,841-23,860 of 35,924 for speaker:Pearse Doherty
- 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.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Which side were you on on the debate on the night? We have evidence that certain people in the room argued for a nationalisation. Which side were you on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: For those that were arguing for the nationalisation, which we understand includes the Finance Minister, what was the rationale behind the arguments for nationalisation? The committee has heard evidence that the issue of solvency was, and this is paraphrasing, but was part of that argument or the loan book of the banks was part of that argument. From your understanding of being present on...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Was there anybody on the night of the guarantee that night, that were raising concerns in relation to losses in the loan book of Nationwide or Anglo Irish Bank or raised issues around potential future solvency of these institutions?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Did anybody raise the issue of any banks potentially needing additional capital?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. And in relation to that night, did you arrange to have minutes taken, as Secretary General of the Department of the Taoiseach, of the meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Yes, well-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: But no minutes?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay. And can you enlighten the committee - without, obviously, breaching Cabinet confidentiality - of the difficulties, or otherwise, of having the Cabinet meeting convened by telephone? And how long did it take? When did it start? How long was the process before all Cabinet members signed off? Were there difficulties or not? Was there a consideration of having a Cabinet meeting,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Well, he's not finished.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Pearse Doherty: Okay.