Results 5,341-5,360 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Last question now, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you very much. Senator Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: I just need to establish one question, and this might even prepare us for tomorrow. Was there a boss of bosses on the seventh floor?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. Who was the boss?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Right?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay, thank you very much for that. Is there anything else? Sorry?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you very much. Is there anything you would like to add before we bring matters to a conclusion, Ms Burke?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. With that said, I'd now like to thank you for your participation with the inquiry today, Ms Burke, and for your engagement with the inquiry, and to now formally excuse you and in doing so, propose that we would break until 5 p.m. Is that agreed? Oh sorry, I need five ... we need a bit of extra time for the switch-over. Okay, what time do you need? 5.15 p.m. Well, I'm saying 5.10...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay, so I now propose that the committee go back into public session; is that agreed? And we'll now deal with session 3 of our hearings today with Mr. Con Honan ... Horan, Central Bank of Ireland IFSRA, and the Committee of Inquiry into the Banking Crisis now resuming in public session and can I ask members and those in the public Gallery to ensure that their mobile devices are switched...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you again, Mr. Horan. And if I could invite you to make your opening remarks this evening please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you for the clarification, Mr. Horan, and thank you for your opening statement. I now invite first lead questioner, Senator MacSharry. You have 15 minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Well, I always advise members to speak to legals before they get into specifics but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: -----so I'll ask you to err on the side of caution, if you haven't spoken to legals.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you very much. Just to clarify two issues there on Senator MacSharry's questioning to you, there was two items: there was your comment on page 4 of your witness statement about your proposals for regulatory intervention being put forward in 2006 and then later in page 6 of your statement about holding contrarian views to the groupthink on property lending and so forth. And you...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Chief executive is the Governor now or the regulator?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Can you ... I want to kind of segregate those two, if you don't mind. You've given us a kind of ... a very understandable position as to what you saw the regulator's role was but can you tell us what the positioning of the Central Bank was on these matters?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Central Bank level or the regulator?