Results 3,761-3,780 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Just one model, which was on the 0.5% tied to construction-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Nothing around affordability, nothing with regard to what Senator Barrett was talking about, people on 40-year mortgages - the difference being that, on a 20-year schedule, once kids would be going to college the mortgage would be cheap, you know on a 40-year mortgage, you are still in the middle of your mortgage and your kids going to college - all these affordability things; drops in...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: And, any realisation between that the Irish economy was 24% into construction, and this was twice above the European norm, that an impact upon construction in this country would be twice what it would be in the European norm, and you were looking at the European norm as your template with regard to the hard and soft landings. So, was that not a bit of an incongruence that construction in...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Right. Deputy Pearse Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Question now, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: And just maybe if you could refer to the two specific questions that Deputy Doherty has made and then I can move on, please, Mr. McCarthy. Deal specifically with them rather than generally.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Processes here ... sorry, Mr. McCarthy, we're getting into processes here. That's not what Deputy Doherty asked you. He asked you in situations where an editorial position was taken and also asked you in situations where you may have contrarian views yourself. So can you deal with those two matters-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: I don't want to be repeating myself-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: This is going to be answered. We'll be here all around the house if we need to but I'm going to be very direct with you on this, Mr. McCarthy, and answer the questions directly, please. I don't want to be going into processes, okay?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Okay, thank you very much. Deputy ... Senator, sorry, Senator Marc MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Deputy Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Deputy Donnelly.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Okay. Finish up, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Thank you very much. Senator Michael D'Arcy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Senator, I'm picking up ... just ... maybe it's not coming from your space directly but somewhere in proximity to you there is some phone distortion there coming off.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Thank you very much, Senator. Deputy Michael McGrath.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Thank you. Just on that point, Mr. McCarthy-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: On that point specifically, in the Regling and Watson report, which I assume you're familiar with, I'll just quote the specific paragraph that relates to that under heading D: The Fiscal Stance: For a long time Ireland's overall fiscal policy was considered to be exemplary because the country achieved fiscal surpluses every year from the mid-90s to 2006, including the creation of a Pension...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Mr. McCarthy, there's an anomalous situation in Ireland where country boreens in the west of Ireland have a speed limit of 100 km/h on them, but you don't drive 100 km/h on those country boreens because it's quite dangerous. Just because the sign says you can drive at 100 km/h, you don't do it. Likewise, when there are rules like this, and you identify difficulties, you don't proceed...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Ciarán Lynch: Deputy Joe Higgins.