Results 4,321-4,340 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: And would that person have been senior or perhaps more junior?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: All right, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Michael D'Arcy: Senator MacSharry had asked that previously.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Thank you. Can I ask, Mr. Parlon, your views in relation to the construction standards today, are they sufficient?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Can I ask you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: : Yes, can I ask your view upon the costs? Is it worth the cost?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: No, I am aware. But, are they worth the cost?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Okay. Mr. Kelleher, you stated previously about data that was available to the CIF. It sounds similar to what some people from the banking sector had said and I'm particularly quoting Mr. Dermot Gleeson, when he spoke about the demographics that AIB had about the children born in 1980 ... would be requiring dwellings at some stage in the noughties. Was there any conversation between CIF...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: And, again, to Mr. Kelleher, in evidence last week, Mr. Dan McLaughlin, chief economist with Bank of Ireland, outlined the fact that his view was that it was the commercial real estate property sector that was a difficulty. And I'm going to quote you from last week, and it was in ... making a point to Deputy Pearse Doherty. "You, know [that] the State injected ... €30 billion into...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Can I ask you also-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Yes, can I also ask you, Mr. Kelleher, the term "unsustainable" has been used by yourselves.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Final question. In terms of the unsustainability of the sector, if the banks hadn't have funded your members, your members couldn't have gone building. Was there any analysis upon ICIF, you said you had one economist, about the increase of the banks' balance sheet? Figures quoted quite consistently at this stage is, Bank of Ireland and AIB, in or around 30% year on year, a compound...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: -----between 2001 and 2005, in particular; they were the big increases?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Mr. Davitt you are very welcome. Can I ask you in relation to the blue book, we are up to the seventh edition now. Prior to the peak of the boom, how many, what edition was available at that stage? What are the improvement in the standards?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: So what you are saying is that the book, the '04, would there have been an '04 edition?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: In terms of the improvements from '04 to the current edition of the seventh, what are the major ticket items that have improved, in terms of the standards, for your profession?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Can I reference document IPAV, Vol. 2. On page 3 to page 10, it is Project Atlas.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Page 3 to page 10. If you look at, effectively, at the terms and conditions, the instructions, assumptions, normalised value and then going down to the very last page, the use of this review. Would those terms and conditions be standard for a direction for external valuation, for PwC? Are they unusual and as a former president and CEO, and previously a professional auctioneer, would they...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: Effectively, from page 3 to page 10, all of that document to date, to where it starts, the actual information. Is that a standard progression for valuers?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Michael D'Arcy: That is all that is available to us, so it's the only evidence we can operate from.