Results 24,041-24,060 of 35,924 for speaker:Pearse Doherty

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: No, I have not, with respect-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Well, answer that's fair enough .... no problem.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: No, no, the question is, as Minister for Finance, what did you do to stop an explosion of credit in the markets and an increase ... a rapid increase in house prices when you were Minister for Finance, as opposed to what you didn't do?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Listening to you, Mr. Cowen, and finally-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Listen, Mr. Cowen, I need to ask you this question: do you believe that your policies, as your time as Minister for Finance, helped to develop and sustain a property bubble in this country?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: But did your policies help develop it, that's the question?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Did your policies help develop the property bubble?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Whether they were designed or not, did they?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: With respect, Mr. Cowen, you are not answering the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: No you're not answering the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: You've acknowledged a property bubble but you are not answering the question as to whether your policies contributed to it or not-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Go raibh maith agat agus go raibh maith agat arís. Can I ask you, in your opinion was the Central Bank or the Financial Regulator, sorry, was it the Central Bank or the Financial Regulator which was responsible for the systemic impacts caused by individual institutions during the period of 2003 to 2008? Which one was it in your opinion, the Central Bank or the Financial Regulator?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Which was responsible for the systemic impacts that caused ... that were caused by the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Were those roles clearly defined?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Did that happen during your time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: But you were doing planning for the financial stability, the risks like-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: I presume it's like ... did the Governor have a ... yes, okay. Okay, can I ask you Mr. Cowen, the banking inquiry's invited a number of property developers, including Michael O'Flynn, Sean Mulryan and Derek Quinlan to give evidence before the committee. Have you been in contact with any of these developers in any form in the last number of weeks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: Have you been in contact with them in any form?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Pearse Doherty: And did you discuss that you were coming-----