Results 5,581-5,600 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: Allow him a bit of space now.

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

Ciarán Lynch: One minute now, Senator.

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

Ciarán Lynch: Thank you very much. I just want to deal with one or two other matters. Just to clarify, you said nationalisation was discussed on the night there. You say, Mr. Hurley that there was legislation for the nationalising of a bank. Is your testimony to the committee today that whilst nationalising of banks was being discussed in Government Buildings on the night of the guarantee, at no time...

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

Ciarán Lynch: Okay. And I think you've already covered with Senator MacSharry how the ultimate final design of the guarantee was actually arrived at. That was at what time during the night ... was it the very end then you decided to go home or was it a decision made-----

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

Ciarán Lynch: Okay. So did the banks go home that night knowing what you had decided or did they wake up the following morning to find out what you had decided?

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

Ciarán Lynch: Thank you very much. Just one other question so before we move on to the other questioners. Can you comment upon what happened between 8 January 2009, when the Irish Government formally ... when the Irish Government formally notified ECB that they would be recapitalising Anglo, to 15 January 2009, when they made the announcement that they would be nationalising Anglo instead?

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

Ciarán Lynch: Okay, and what led to the change of the decision and what discussions were had in this regard?

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

Ciarán Lynch: What led to the change of decision and what discussions were had in this regard?

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

Ciarán Lynch: Okay, just to clarify, in earlier questioning by me you said that the legislation to nationalise Anglo in January 2009 broadly reflected the legislation that had been prepared prior to the guarantee with regard to nationalising a bank.

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

Ciarán Lynch: Okay. So would it have made sense to nationalise Irish bank earlier than January 2009?

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: Okay. Senator Barrett.

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

Ciarán Lynch: I'm not ... that's an entirely new line of questioning.

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

Ciarán Lynch: Deputy Doherty.

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

Ciarán Lynch: You were saying that that was not the issue. So what was the issue?

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

Ciarán Lynch: We've covered that but I think what Deputy Doherty is trying to establish is what the intention for Anglo was.

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

Ciarán Lynch: Two years later.

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

Ciarán Lynch: Not two months.

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

Ciarán Lynch: Final supplementary question, Deputy.

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

Ciarán Lynch: I'll facilitate more time.