Results 2,621-2,640 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Once again, Ms Herbert, welcome before the committee this morning. And if I can invite you to make your opening remarks to the committee please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you very much for your opening remarks, Ms Herbert, and if I can invite our first member this morning to ask questions, Deputy Kieran O'Donnell.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Can you let the witness give us her interpretation of it rather than your own projections, Deputy? Ms Herbert.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Let Ms Herbert respond, then we'll bring in another questioner. Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Final question, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: This was definitely covered that morning, so I'm going to move on really on that point.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay, take the question, yes, forget about the garlic.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: You're running out of time now so I need to push it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you. I just want to deal with just one other further line of evidence on that and coming back to the night of the guarantee and given your own presence at that meeting, if you could provide us any information as to whether the banks brought a document with a draft wording for a bank guarantee that night, and if they did, which bankers were it? And could you be able to describe the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: But a document being brought to the meeting - you have no visual evidence of that or recollection of that, or such?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you very much. Senator Sean Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you very much. Can I just deal with one matter that Senator Barrett was discussing with you, Ms Herbert, and that goes back to the situation in regard to ... in your own statement, you say, "It had also been made clear by the ECB that Ireland, and any other Eurozone country with banking difficulties, should do whatever was required to save their own banks." I just want to chase one...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I'll come to the bailout period in a moment-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: -----and the guarantee period first.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: But there seems to be a very high-frequency signal coming from Europe that no bank would fail.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: So, you know, so did you .... or to your knowledge, were you a part of a strategy to agree a communications line with the Department of Foreign Affairs to try and secure understanding from other European capitals on that position? And also, then, to put a position in place to communicate how the guarantee was going to be operated? We have reports that people like Gordon Brown, Christine...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: On the decision, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: And with our European partners, was there any engagement between the Department of Finance and the Department of Foreign Affairs to agree a joint strategy?