Results 2,681-2,700 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: That is correct. If we consider the period between 2000 and 2007, it is obvious that power was vested in Government and in the Parliament. Was power vested in the Civil Service or would one even refer to it as power?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: To make decisions, to introduce policy, to change a Minister's mind or offer proposals for legislation. There are all sorts of ways in which power can be potentially manifested. I am just asking Professor Hardiman, as a political scientist, where the Civil Service fits into the power structure that exists in this country. One could examine the position in other countries but we are...
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: When Professor Edward Kane gave evidence before the committee, he described the financial system - in the way it interacts with the political system - as being elitist as a result of the fact that bankers are treated as high priests of a sort because they make the elites happy.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: It is my final question. Professor Hardiman refers to "the dearth of accurate information about the true state of the banks that was available to policy-makers prior to extending the guarantee – a clear failure of the regulatory regime". If Professor Hardiman agrees with Professor Kane that those to whom I refer are high priests and regardless of the amount of information available,...
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: What is the position if there is that deference?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: I would like to follow up on Deputy Pearse Doherty's point. We were clear, when Professor Honohan finished talking to the Deputy here, that in his professional opinion, based on the figures that night, the banks should have been nationalised. Is that correct?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: If that was the case, there was enough information.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: In that room that night, while the people may not have known the further extent of the liabilities, they had that much information. Are we all agreed on this? Yes?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: The record will not show a nodding head. Professor Honohan said something in the exchange with Deputy Pearse Doherty. For the record, did he keep detailed notes of conversations he had had when he was making his report, the so-called Honohan report, or not? Will he clarify the matter for us?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: There were formal exchanges with Professor Honohan and the people with whom he spoke, for which there are official records. Informal conversations would have taken place with a number of other people-----
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: -----including Mr. Cardiff and Mr. Doyle, or just Mr. Cardiff. Can Professor Honohan remember?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: Will Professor Honohan explain what this actual note is? I have read it several times and cannot for the life of me get my head around what it actually is. On the one hand, it appears to be a note. It could be described as a minute. Then again, it refers to a subsequent meeting. I have never seen a minute that referred to a subsequent meeting. I would be glad, given that the Professor...
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: I ask the Professor to take the time he needs to be careful.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: That appears to make sense, except for the sentence: "A subsequent meeting took place to present conclusions and possible approaches." We do not know what that means. Is that what Professor Honohan is saying?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: No.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: How did Mr. Honohan get his hands on this, if he does not mind the parlance?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: I wish to ask about Professor Honohan's letter to us about his clarification that was put on the Central Bank's website before there had been a response from this committee. Was there a particular reason for that order?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: Was it put up before the response was received from us?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: I wondered why that might have been the case.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Susan O'Keeffe: Even though it was part of the evidence to this committee.