Results 2,961-2,980 of 6,295 for speaker:Michael D'Arcy

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

Michael D'Arcy: Thank you.

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

Michael D'Arcy: Yes, just very ... just two very small things, Mr. Browne.

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

Michael D'Arcy: I asked Mr. Peter Fitzgerald if he had read the book and he said he had and I asked him was it a genuine reflection-----

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

Michael D'Arcy: I asked him was it a genuine reflection of the way business was transacted within Anglo Irish Bank. Can I ask your opinion on it, please?

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

Michael D'Arcy: You don't think it is.

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

Michael D'Arcy: Okay. And then, finally, Mr. Browne, your severance payment of €3.75 million. You left the institution; were they obliged to pay you a severance package?

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

Michael D'Arcy: They weren't. And it was within their gift to do so.

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

Michael D'Arcy: Was that very generous?

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

Michael D'Arcy: And was it the norm for people leaving who decided to leave, where there was no legal obligation to pay anything?

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

Michael D'Arcy: Who were they?

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

Michael D'Arcy: And what were they paid?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: Thank you Chairman, just for a point of information for people who may - Mr. Fitzgerald, you are very welcome - people who may be tuning in this morning, I think it is appropriate to raise that Mr. Fitzgerald is Mr. Fitzgerald of the Anglo tapes and that they are not-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: I just want to-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: They are not on the agenda to be discussed today.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: We are not discussing them is what I am saying.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: Thank you, Chairman. Mr. Fitzgerald, after the guarantee was announced, did Anglo use its enhanced credit status to attract deposits from non-guaranteed banks, either in Ireland or the UK?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: How many staff worked under you at that stage, both between Dublin and the UK?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: So you'd hundreds of people working and you’re satisfied that at no stage-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: Were you ever instructed either explicitly or implicitly to use the guarantee as a method of attracting deposits?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Michael D'Arcy: You weren’t?