Results 3,341-3,360 of 7,082 for speaker:John Paul Phelan
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Do you believe you're ... have ... it has been a successful tenure as a director of Bank of Ireland ... that you've contributed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Can I ask you is it a remunerated position?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Are you at liberty to say what the level of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Yes, no, that's fair enough. Can I ask you then, in relation to your time on the board of the Central Bank and Financial Services Authority between 2003 and 2006, when property lending began to soar, did you at any opportunity during that juncture raise some of the concerns which your Department had, we'll say, with regard to increases in expenditure and maybe the cyclical nature of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Do you regret ... or do you think you should have, in hindsight?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay. Can I ask you, did the interaction between the Department's economic analysis function with the economic research section of the Central Bank change as a result of the 2003 restructuring of the Central Bank and Financial Regulator?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay. I have a final question. No, actually that is my final question. Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Thank you, Chairman. Good afternoon, Mr. Doyle. I want to refer to your opening statement and indeed to the core documents ... I think it's page 141 to 145, which is about the domestic standing group. What arrangements, if any, were in place for the Department of Finance representative on the domestic standing group to report back to the Department's management board on the working of the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: And were there others?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: And there's no written reports or ... or ... you know, that would've been brought back to the Department from the standing-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Can I ask you also to explain why your Department did not undertake or commission any analysis of the risks to the economy that would arise in the event of the ... of an interruption in the flow of foreign funding that was coming in at the time when you were Secretary General?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: But why was there ... was there any in-depth analysis of the risks that that could pose?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: I want-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: I want to turn to your membership of the board of the Central Bank, by virtue of your position as Secretary General. You said earlier on - in answer, I think, to Deputy O'Donnell - that steps to curb excessive credit growth should have been taken. Did you, at any juncture, voice those concerns as a member of the board of the Central Bank? You had an opportunity and a position on the board...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: My time is very ... we're down to four minutes and I don't want to cut you too short, but I-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
John Paul Phelan: I want to turn now to your time before you were Secretary General, when you were ... I think, immediately prior to it, you were head of ... or responsible for public expenditure division within the Department of Finance in the run-up to 2006, a period when public expenditure increased by almost 44%. In hindsight now, do you believe that you ... or can you express to the inquiry whether you...