Results 3,061-3,080 of 6,295 for speaker:Michael D'Arcy

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: The Nyberg report was critical of INBS. The Nyberg report-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: You don't agree with the terms of reference of the Nyberg report?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Mr. Fingleton, you seem to be swimming against the tide against a lot of reports and positions that have been accepted for a long period of time now. Are you saying they're all wrong and your interpretation is correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Were you interviewed by Mr. Nyberg?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: And why then do you think if he interviewed you, why would he not put the facts? I assume you gave him the same information you're giving us.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: But you're saying the Nyberg report in relation to INBS is incorrect.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Okay, just very quickly, in terms of lending policy, Mr. Fingleton, please, were the board aware of all types of lending that would have been made?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Okay. In terms of warehousing of loans, were the board ... did the board sanction the warehousing------

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Chairman, that question, I think, is relevant.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: The question I'm asking is: was the board aware of warehousing of loans?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Sorry?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Okay. You quoted properties in the UK in your-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: You quoted properties in the United Kingdom of-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: You quoted properties?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: -----that the discounts in NAMA were incorrect by multiples.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Your opinion. Why did you not quote properties that would be of little or no value from your time in INBS to balance the conversation?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Thank you, Chairman.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Thank you, Chairman. Mr. Walsh, you are welcome. Did you watch Mr. Fingleton's evidence?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Michael D'Arcy: Some of it. I would think you got sight of his opening statement.