Results 25,561-25,580 of 35,932 for speaker:Pearse Doherty

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: I am familiar with that, but the AIB didn't have a similar project?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: That's fine.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: In relation to the night of the guarantee itself, you were not informed, at the time of leaving Government Buildings, that Nationwide or Anglo were going to be also be-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: We heard evidence yesterday that the Government made their decision around 1 o'clock-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: Yes. And can I ask you just in relation to the conversations that you presented and, indeed, Bank of Ireland presented that-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: -----are provided in evidence about the nationalisation of those two institutions-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: -----to take them down: what were the views of the participants in the room, the Taoiseach, the Minister for Finance, in relation to those issues?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: The final question I have here for you is: the board's response to Dr. Alan Ahearne's May 2007 view that property prices were overvalued by 30%-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: Okay, I'll try and be brief. Mr. Gleeson we are going back to Project Omega.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: You said Project Omega was quite a different project.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: Okay, so going ... to ask this question, did AIB-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: Well-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: The question you ... the question I had earlier on, and I have got the evidence book now was, did AIB ever consider taking over Anglo Irish Bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: No? Never. Now I want to refer to AIB, C3b, Vol. 2.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: And page 45 to 47? Which is an extract of Project Omega.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: It is a 64-page document that was reported to AIB plc on 24 November 2008.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: And it is to the acquisition or takeover of a financial institution.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: What is ... who is Omega in this report?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: Yes, you should.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

Pearse Doherty: It was Irish Life, okay. In relation to the business overview, would you have been ... would this have been presented to you as chairperson of the board? This report?