Results 24,421-24,440 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes. My question was directly as to whether he informed you of the outcome of the meeting. If we take, for example, 24 July, the board meeting with Anglo Irish Bank and the executives - you've given evidence that Seanie FitzPatrick was requesting a broad guarantee at the end of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: -----April in 2008. You gave evidence already that Seanie FitzPatrick was looking for a broad guarantee in the end of the April, is what you've said. You mentioned that a D. Doyle was also about-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: -----a week later looking for a broad guarantee.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: DD, sorry. DD.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: DD. Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay. I'm going to go to my last question here. And just to make this clear, I ... that wasn't the question I asked you, that was there any badness or inappropriateness or not or anything. What the question I asked you was, did the Minister of Finance report back to you or the Department in relation to the meeting?
- 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: Okay. Can you clarify this issue for me in relation to when was the point of no return for the State in terms of guaranteeing the liabilities of the bank? And I ask that question ... you mentioned in your opening statement about the fragility of the guarantee and the potential challenge. Now we know from your statement that the legislation was passed within days of the guarantee being...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: But on the night, the original piece of legislation, did the Minister have the power to guarantee the banks at that stage or did he have to wait for the scheme to be approved?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Once he had the scheme approved, that conferred on him then the power to do that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay. And the question then I have, and finally, in this here, in those 24 days between 1 October to 24 October, where the order was signed, was there any discussion within the Department? Because bearing in mind, you know, the markets were attacking the share prices of these banks. The, you know, journalists and experts were screaming out, saying that this was wrong decisions, in terms of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: ------all had their own views. In those four weeks, was there any discussion as to, "Well, maybe we should actually hold off on this, maybe we should not sign the dotted line in terms of the order and reconsider at least some of the institutions?"
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Okay, thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes, we could have a long debate here and you're most welcome. Fáilte, John. I'll start with just other questions. I may have time to come back on some other comments. But can you ... can you comment on the issues that for the troika to tackle ... how did the negotiations progress to agree the memorandum of understanding and outline the key differences between the troika and the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Pearse Doherty: Yes, yes that's fine, you weren't there for those ones.