Results 4,581-4,600 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: AIB core documents, C3b, Vol. 2.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Page 33 in a memorandum from yourself to Mr. Eugene Sheehy.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Point 1, you state, "Two institutions nearly brought down the system." Point 2, you state, "Their [.....] went unregulated, by a hopeless regulator." You-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: But this was written on 2 October-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----and at that stage-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: In the guarantee, going back to again, AIB C3b, Vol. 2, that same document, Mr. Gleeson.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Page 41, we've discussed it previously about INBS-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----about INBS requiring potentially €2 billion to €4 billion.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: You had discussed that before and you had ... was there any other previous discussion formally or informally with the Financial Regulator prior to the night of the bank guarantee that another institution may have required additional liquidity, before the night of the bank guarantee, with AIB senior officials?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: And it's clear in that document also that the Bank of Ireland due diligence certainly coloured your view upon INBS. Is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: And on the night of the bank guarantee, was that view expressed to the senior officials, to the people who where present on that night, that potentially there was a solvency issue with INBS?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: But I'm asking you was that information directly delivered from AIB, Bank of Ireland, to the officials on that occasion in relation to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Mr. Gleeson, you understood that a four bank guarantee was what you were requesting, is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: It's seven years later, Mr. Gleeson, a lot of water under the bridge - in your view if the four bank guarantee had occurred as you hoped and perhaps had expected along with in your own words "the taking into custody" of the other two-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: -----could AIB have survived as a going concern without Government aid?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: But you're probably better placed than most people to make-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Okay. You made a statement that one bank cannot stop a bubble.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Can one bank cause a bubble?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Michael D'Arcy: Mr. Forde, have you watched any of the proceedings of the banking inquiry to date?