Results 4,261-4,280 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: At what stage did you ... at what stage did you realise that that should have been in place prior to your leaving the bank, or did you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Can I ask Mr. Burrows also-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Well ... can I ask Mr. Burrows, in terms of the ... there's seems to be a conflict of evidence between yourself and Mr. Goggin. Mr. Goggin also stated to the committee that it was ... he met with the Central Bank on the morning, the Monday morning, the 29th, and he was asked would he consider ... would Bank of Ireland consider taking over IL&P. Were you aware of that request by the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: You were. Okay. In terms of your conversation subsequently with Governor Hurley ... and the term that Mr. Goggin used was "virtually certain" that Anglo would default the next day.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: "Virtually certain".
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: That was the term that he used, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Yes. Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: On the day of Monday, the 29th.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: That the next morning ... the next day it was virtually certain that Anglo Irish Bank would default.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Were you aware that Anglo Irish Bank were also virtually certain to default or was that term used with you by Mr. Goggin?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: And my final question to you, Mr. Burrows: there was a meeting between AIB and Bank of Ireland organised - who instigated that meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: You did.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: When you went to Government Buildings.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: And you understood, from what you've given evidence this morning, that there would be a six-bank guarantee. Did you speak with AIB officials? There was only four of you between both sides. Did you speak with them? Did you discuss the matter of the six-bank guarantee or the four-bank guarantee, because also, in previous evidence, AIB officials told us they understood it was a four-bank...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Subsequent to the meeting, after your being informed that it would be a six-bank guarantee, did you have a conversation with AIB after you were informed by Government officials that it was a six-bank guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Yes. But I'm asking did you discuss that with AIB afterwards?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: You didn't discuss it at all?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: And finally-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Okay. And finally, can you understand how people who were at the same meeting as you took a different view? I think it's a fair question, Chairman.