Results 24,421-24,440 of 35,924 for speaker:Pearse Doherty

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: Davy were Anglo's stockbrokers as well, were they? They were the main stockbrokers for Anglo?

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: Yes, yes. Okay-----

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.

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: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: Okay, that's very helpful and thanks, thanks for putting that on the record. Can you advise who in the Central Bank kept in contact with the ECB and who ... with who in the ECB? And also, was there contact with Mr. Trichet around the time of the guarantee and was the ECB aware of the policy options being considered by the Government on the night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: Okay, and have you any view in relation to the ECB or Mr. Trichet's views in relation to standing behind your own banks? Do you have a view of whether he meant that that should be a legal guarantee, which was not done, I believe, anywhere at that stage, or a political guarantee, which was the common solution that were being used by other member states?

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: Right so.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: Okay so-----

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: Broad message?

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: Yes, okay. Yesterday Mr. Doyle, David Doyle, gave evidence to the committee and he was asked as to whether there were solvency issues expressed on the night of the guarantee. He cited discussions around nationalisation as evidence that there were issues. Can you clarify to the committee were there concerns, or not, around the solvency of any institution, or the future solvency of any...

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: Mr. Cardiff, sorry, I'm just ... because I have another question, I'm going to be pushed for time, so sorry about this here, because I'm ... I'm aware of Goldman Sachs' work that they've done, and I'm sure it will come up again, but it's just in relation to ... was any concern raised on the future solvency of INBS or Anglo at the meeting-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: -----by yourself, by Minister Lenihan, by the NTMA's views-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: Okay. We may come back to that, that issue later. Mr. Cardiff, you, you say in your statement, in relation to the Minister for Finance, that he didn't trust his ... at least one of his Cabinet colleagues, in terms of keeping information confidential. We know from evidence we have before the committee that Minister Lenihan wrote to the Attorney General in relation to the nationalisation...

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Pearse Doherty: The system.