Results 5,561-5,580 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: You can speak to it but not-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: I think there is freedom here for you to take a generalised position on this, Mr. Hurley, if you so wish.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: I’ll let Mr. Hurley respond.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay, Mr. Hurley. Respond please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Thank you very much. Can I just ask you in that matter, Mr. Hurley, was there legislation in the room that night to nationalise a bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Yes. Was there actually legislation in Government Buildings on the night of the guarantee that would have facilitated nationalising of a bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Was it in the room?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Ready by who?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: And was the draft legislation discussed in the course of the evening's debates?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay, but just ... I just want to get this clarified. There was prepared legislation to nationalise a bank or banks. There was nationalisation legislation-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: And you can't confirm or not whether it was a draft or a version of that in Government Buildings on the night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay and can you confirm whether it was discussed or not in your presence at any time during the evening?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay but not that legislation?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Yes but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay, all clear now. The legislation that was ultimately used to nationalise Anglo bank in early 2009, is that the ... would that have any similarity to the legislation that we were talking about that would have been drafted up or prepared in or around the time of the guarantee?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Okay, thank you. Senator MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Can I assist you here Senator and maybe just ask Mr. Hurley where was the origin of this belief system, where did it originate from? Back to yourself Senator MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: Of that no bank shall fail.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

Ciarán Lynch: I will ask you to move on.