Results 3,221-3,240 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: So a board within a board?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: A board within a board?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Was that your impression, Mr. Aynsley?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Can I ask my final question to both of you? Was NAMA a mistake?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: And, sorry, Mr. Dukes, the €42 billion discount, the haircut, how much of that will be achieved by the State?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: I know, but the-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Mr. Aynsley, The New York Times article "[Could] one bank bring down a country?" Are you ... The New York Timesarticle "[Could] one bank bring down a country?" Were you aware of that article?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Do you think it is a fair headline? Do you think it is accurate?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: I asked you was it a fair headline?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Mr. Dukes, can I ask you in terms of the Nyberg report, it stated that the banking crisis was home grown, although there were international impacts. Do you agree with that assertion?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: And, Mr. Aynsley, the same question to you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Mr. Nyberg said that the banking crisis in Ireland was homegrown.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Michael D'Arcy: Do you agree with that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: Mr. Merriman you are welcome. Could you bring up book 1, page 125 to 128 please? Mr. Merriman, was consideration given to the fact that during the period of substantial growth, '04 to '08, that other banks in the Irish market were seeing double-digit growth? And was it possible that all banks could achieve the same level of double-digit growth within the jurisdiction? Could every bank be...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: In evidence from other witnesses from the banking sector, Mr. Merriman, the demographics that ... coming towards the late '70s, that the children born at that stage would be requiring finance for properties and the like, going to the mid-noughties. It would suggest or would it suggest that the level of lending was carefully planned and that each institution had an objective to achieve its...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: Mr. Merriman, Mr. Fergus Murphy gave evidence last week that when he joined the financial institution, the EBS, that there was a change of strategy. Was that change of strategy driven by one individual?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: You joined in early 2005; is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: Oh, mid-July, okay. In evidence previously presented by others, a lot of people have said that there was a period - late '05, early '06 - that it was a point of no return; the extent of the downturn was going to be substantially more than if some actions had been taken prior to that. Did you notice, or did you have any knowledge prior to joining EBS, that potentially there was a fall coming?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: In your opening statement you ... or previously you discussed that 50% of the funding for EBS came from wholesale funding and, prior to that, in the late '90s, it was all backed by deposits. At what stage did EBS move from ... when did EBS achieve 50% wholesale funding, are you aware?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)
Michael D'Arcy: Mr. Merriman, have you seen the witness statement from Fidelma Clarke? Have you read that?