Results 31,401-31,420 of 33,123 for speaker:Catherine Connolly
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Had he been part of a process of a sale of loans similar to Project Eagle?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Where was that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Was it called Project Eagle as well?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: A loan portfolio similar to Project Eagle.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: I ask Mr. Long to hold on for one second. Was the transaction similar to Project Eagle? What role did he have in it?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Did Mr. Long advise on strategy? Did he evaluate the loans? Did he have a different role from that he had on Project Eagle?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: It was broader in its scope than for Project Eagle and, therefore, it was not comparable.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Both of them were prior to Project Eagle.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Has Lazard worked for NAMA since or done work for NAMA since?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: So Project Eagle was the sole work that Lazard has done for NAMA.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: In the other two sales that Mr. Long mentioned, did Lazard advise on alternative strategies? Did it analyse market conditions?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: It is a "yes" or "no". Did Lazard do that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: So Mr. Long did give an opinion on that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: That did not happen with Project Eagle.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: No. On the competitive tension, three firms were invited in. Is that right?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Mr. Long should listen to my question. I want to be specific because the Chairman is hard on time. Three firms were invited first. Is that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Lazard was satisfied that was good, competitive tension - those three firms.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: My question is when Lazard invited three in, it was happy with that, depending on whether they were going to stay in the process or not.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Lazard was happy with the three.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: The Comptroller and Auditor General sets out in his report, in the chapter that Mr. Long has read in detail, the first three that were invited to the process. If we first look at page 77 of the Comptroller and Auditor General's report, it sets out the companies. Mr. Long will see the percentage of UK-Ireland loan sales.