Results 3,461-3,480 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Okay. All right. Thank you. Deputy Pearse Doherty.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Okay, thank you. Senator Marc MacSharry. Senator.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Deputy, you want ... actually on that before I ... you move on from Senator MacSharry's questioning. Just on the SSIA scheme; was there any study before or after its implementation as to its merits, goals, objectives and if or how these were achieved?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Was there something to review, when the SSIA scheme came out first, was it saying, "Here's a big document, this is what this going to achieve, this is what the rationale for it is", and all the rest of it, then four years later, when the scheme expired-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: There wasn't ... was there anything at the start?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Was there any document at the start saying this is what the SSIA is going to do or the SSIA-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Where did it originate if you don't mind me asking you, Mr. McNally? Did it originate from the Department or was it a political orientation?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: So this ... the genesis of this came at a political level not at a Department level, yes?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: And was it the Minister himself or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Okay, thank you very much. Deputy Eoghan Murphy.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Thank you very much. Okay, I'll just deal with one question myself, Mr. McNally, and then we'll move towards the wrap-up and I'll invite both Senator Barrett and Senator D'Arcy back in again. If I could just relate to, and I think Senator MacSharry touched upon this with you just a moment ago, on 24 January 2001, the European Commission concluded that Irish fiscal policy was inconsistent...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: But, was the slowdown at the end of that year what you might call a quarter aberration that you get, you get a couple of weeks or a couple of months in the year but then the Christmas retail market comes along, expenditure, then growth and inflation kick off again, and it's business as usual? So is a one-quarter observation of an economic trend sufficient to say that things have changed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Was that an official view or a political view, that you were being picked on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Okay, thank you. Senator Michael D'Arcy, five minutes to wrap up, please.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: I think the question is very pertinent to a time that he would have pressed the proverbial red button. Do you have a view as to when that proverbial red button would have been pressed, Mr. McNally?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Okay. Thank you. Senator, that it? Okay, thank you. Senator Barrett.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Excellent. Thank you very much, Senator, and I'll bring things to a conclusion, Mr. McNally, and before I do, I just would like to give you the opportunity, if you have any final comments or remarks or a consideration that you might like to add as I bring matters to a close.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Are you familiar with the term "euphoric recall", Mr. McNally, are you? The term "euphoric recall". It's used in terms of recovery, particularly with addiction studies and stuff like this, and by means of a time to find a relapse. They also ... they note with addicts that they start recalling the past in a different type of light to the type of damaging way it was. Would you ......
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: Well put, that's a good point to close with, we'll keep you on. With that said, I would like to thank Mr. McNally for his participation today and for his engagement with the inquiry. The witness is now excused and I propose that we will break for one hour, resuming at 2.45 p.m. Is that agreed? At which time, we will hear from Mr. Charlie McCreevy, former Minister for Finance.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Ciarán Lynch: So, will I call the meeting back into public session? Is that agreed? Okay. And we'll now commence with session 2 of today's public hearings with a discussion with Mr. Charlie McCreevy, former Minister for Finance. The Committee of Inquiry into the Banking Crisis is now resuming in public session. And can I ask members and those in public Gallery to ensure that their mobile devices are...