Results 24,361-24,380 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Oh, they were ... so ... okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: It wasn't a case of people crouching over a laptop and looking at the screen and working on an open document?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay. Who would have been in charge of the meeting that would have the authority to destroy documents as you outlined earlier on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: But who would be the person that would make ... like ... this wasn't a Government meeting. Would you agree?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay. So, we know ... we don't have access ... well, to my knowledge, we don't have access to any of the 12 drafts or thereabout of your statement, we don't have access to the AIB document in terms of the guarantee. So, either they are lying somewhere in the Department of Finance or they were destroyed. The question I would ask is who would actually, at that meeting, take the decision?...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay, okay. You say in your statement, "We already knew", this in relation to the bankers coming in and informing their view of the banks. You say in your statement, "We already knew they were in trouble." Can you explain how you knew and who communicated that information to you and what detail did you have at an individual bank level or an aggregate level of the issues within the bank in...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: No, my question, Mr. Cardiff is-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes, but my question is you are saying you knew after the bankers came in and told you that Anglo were going to default the following day.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: But that's my question. How did you know?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: That is the question I asked you. How did you know? Who told you and what level of information did you have in relation to Anglo going to default the next day?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: From evidence already given to the committee, it appears that the NTMA - and I want you to just either clarify this or agree with this - the NTMA, Bank of Ireland, AIB were opposed to a blanket six-institution guarantee, and Merrill Lynch advising against such a guarantee. Would that be correct in your view so far?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: No. Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes, well, see-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: No, I know that. Mr. Cardiff, see when we talk about broad guarantees and it's probably important that we define this because we can .... within broad guarantee there is a number of different versions. And it would probably best helpful to ask about the political guarantee and the legal guarantee because what has been suggested in evidence is that if there was a political guarantee you...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Legal guarantee or political guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Some guarantee. Okay. And that was to who?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: To John Hurley. Okay.