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Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: It is like those service companies that come in and do all kinds of miscellaneous jobs in the world.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: It is the loss of a vocational element. The delegates mentioned that they had what was described as a consultation with the Department but, in effect, it was a meeting in which they were read a document. When they came away from that meeting I imagine they were concerned about the level, or lack, of consultation. Did they write or telephone to say that what took place was not what could be...

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Effectively, a formal request was not sent back asking if the delegates could do that again or if they do could do more of it. It was just what happened on the day.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Sure.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: -----that does not exist.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Sure.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: The delegates said that when they arrived at that consultation they were presented with a programme.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: I think Ms McCarthy said it was read to them.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Would it be useful to ask for a copy of that programme as it was prior to any engagement to see what was being laid out at that point?

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Correct.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Also, as the Chairman said, we want to know what questions were put to the Attorney General on foot of those documents.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Tendering of the Social Inclusion and Community Activation Programme: Discussion (28 Jan 2015)

Susan O'Keeffe: Routinely, yes, and that would be true of all countries.

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: Earlier Professor Kane said there was an incentive for banks to hide their losses and it would be fraud if they did, plus how they would hide soft information from auditors. Is it also the case, from his experience, that banks worked hand-in-glove with auditors to hide it from time to time? Was it simply doing that separately from auditors?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: On page 7 of the professor's original submission it reads, "We did not see much prompt corrective action for Too Big To Fail institutions". He did not say whether that was deliberate on the part of governments to not take corrective action. Was it deliberate that they did not do so? Was it because they were lost and did not know what was doing on? Was it, as the professor said, because...

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: At a previous hearing Mr. Peter Nyberg who also wrote a report on the banking crisis said one sign of a lack of bad intent, by which he meant bad intent on the part of bankers, was that very many bank executives had taken out loans to buy real estate and shares in their own banks in which they obviously believed. That does not quite square with Professor Kane's broader version that banks...

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: Professor Kane talks about the whole scenario of encouraging people to cash out - the creative, aggressive risk takers who are smart enough to cash out. Were shareholders in the banks and bankers, including senior bankers, involved in that game of cashing out also?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: Professor Kane talks a lot about the relationship between bankers and regulators. He talks less about the relationship with politicians. Is it a three-way relationship? Are they three legs of the stool? Do politicians and the political system constitute a weaker leg of the stool or are they a leg at all?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: Is Professor Kane saying bankers, regulators and politicians have parity in the stool or are politicians stronger?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: Is it a good idea to offer incentives to sell more product to bank workers who are literally at the coalface in talking to customers? Is this a good system in a bank?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Susan O'Keeffe: Can I finish?

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