Results 2,461-2,480 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Yes, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay. And who was appointed and what were the general terms of that appointment?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay. And was a proposal identifying the key savings to the State made available to the troika as part of that process?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: I said was a proposal identifying the key savings to the State made available to the troika?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Can you clarify was there subordinated liability management legislation prepared in and around this time, or is there ... as a result of this?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay. Was it for AIB or Bank of Ireland in general that this legislation was prepared, or was it prepared in general on the basis that it would be enacted, and it would appear now that it was never going to happen?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Just on the general theme of the negotiations that you were involved with the EU Commission, the ECB and the IMF in mid-November 2010, if those discussions had been, let's say, scheduled to take place at a later time, they may not have commenced, let's say, 'til January or February of the following year, would the ... would there have been any significant or measurable change in the overall...

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay, thank you. May I just propose that we take a very short break and try to return in and around 11.30 a.m., if possible? Is that agreed? Agreed. In doing so, just to remind the witness that once he commences giving evidence to the inquiry he remains under oath, and is free to his own legal team if he wishes to speak to during that period of time. Okay? Thank you. So to resume in...

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: I now propose that we go back into public session. Is that agreed? Agreed. Our ... continue our engagement with Mr. Corrigan of today. If I can invite Deputy Eoghan Murphy please. Deputy, you have ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Thank you very much, Deputy. Senator Michael D'Arcy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Thank you very much. Deputy Joe Higgins please. Ten minutes, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Have you had that document, Mr. Corrigan, no?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay, can I just stay with that theme there, Mr. Corrigan, as we, kind of, move towards the wrap-up and ask you did the National Treatment Purchase ... sorry, the National Pension Reserve Fund Commission or ... review did it ... did they review their discretionary investment strategy in light of the directed portfolio instruction and was there any risk ... or any risk review taken of the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: But, in the overall scheme of things, was there any discussion regarding the appropriateness of the National Pension Reserve Fund being used for such a purpose?