Results 3,001-3,020 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: The first two are really strong statements and when Mr. Wright comes to the Department, it is very much more toned down and careful in its tone. When I read that first, it felt to me as if the Department of Finance are the good guys here and the Government and the politicians are the bad guys. That is how it felt in the language that is used there. So I just wonder if Mr. Wright might comment?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: I am looking at pages 5 and 6.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Sure. I have read the report, of course.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Does Mr. Wright think the level of things that were not right either on the politicians' side or on the Department's side was a partnership of error or was it, as I take it from the report, that there was more error on the political side than on the departmental side?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: That is my final question.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: How many people did Mr. Wright invite?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: In the order? Ten or 100?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright talks a lot about the importance of written documentation and so on. Was he made aware at any point by anybody that relevant documents might have been deleted or destroyed or removed from the Department?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright did not hear that.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright refers on page 21 of his report to the European Council's warning under Article 99.4 about the overheating. It is not clear from the way Mr. Wright phrased that whether we, as in Ireland, the Department of Finance, ignored that. That is what I understand but perhaps Mr. Wright might clarify. Was the warning ignored?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Sorry, just to clarify. Mr. Wright is saying that the warning that came was pushed back from here?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Given Mr. Wright's understanding and vast experience of civil service and the way in which organisations function together, was it unusual that such push-back would have come from an official-----
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: No, I beg your pardon. Would that be unusual, that there would be push-back?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: Mr. Wright explained that when the National Treasury Management Agency was established, some of the expertise left the Department. Am I correct in understanding it was almost akin to a divorce? It seems there was not anymore the dialogue that ought to have been there, that when they left, they left and took their advice with them. One would imagine that if they left and went to another...
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)
Susan O'Keeffe: I thank Mr. Wright. Were he and his team surprised that he received so few public submissions? He advertised in the newspapers but he got very few.
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: At the time of the bank guarantee, many commentators and many members of the public believed that the guarantee came about because of an unnatural closeness or an unhealthy closeness between some bankers and some politicians. Mr. Nyberg also spoke to some politicians and some bankers. I wonder what his view might be of that relationship.
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Perhaps nobody referred to it because they were not asked directly.
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Mr. Nyberg and others have raised the issue of auditors. In terms of the conversations relating to what was reviewed, etc., did the issue of any auditors resigning ever arise? Mr. Nyberg refers to the fact that this was a possibility but noted that nobody did so. Did anyone ever consider resigning?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Does that mean that auditors are obliged to rework audits? How do they make audits clean if they are dirty?
- Committee of Inquiry into the Banking Crisis: Context Phase (17 Dec 2014)
Susan O'Keeffe: Mr. Nyberg stated earlier that a small number of the contrarians in the public sector would have been sanctioned indirectly. How did he come to know that such contrarians might have been sanctioned?