Results 5,601-5,620 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: But complete quickly.

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

Ciarán Lynch: I'll give you a bit of time now if you want to add to that, Mr. Hurley.

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

Ciarán Lynch: Okay. And can I just finalise that before we take a break, Mr. Hurley, and ask you, given the design of the ultimate guarantee, did it have any relationship, role, or part in Ireland entering a bailout programme two years and two months later?

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

Ciarán Lynch: Two years, two months later.

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

Ciarán Lynch: Okay, thank you. I'm now proposing that we take a break until 4.30 p.m. In doing so, I'd like to remind the witness that once he begins giving evidence, he should not confer with any person other than his legal team in relation to their evidence on matters that are being discussed before the committee. With that in mind, I now suspend the meeting until 4.30 p.m. and remind the witness that...

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

Ciarán Lynch: Okay, I am just going to go back into public session so. I just want to clarify one matter with you, Mr. Hurley, before we go into questions with Senator D'Arcy. When the press release was issued by the Central Bank the day after the guarantee, or the morning of the 30th, this is "Government Decision to Safeguard Irish Banking System." It then goes on to say that the guarantee makes...

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

Ciarán Lynch: And was there a broad difference or not between your ... what you would have considered to be your advice going to the meeting, and what ultimately transpired and was the outcome?

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

Ciarán Lynch: Okay, thank you. Senator Michael D'Arcy. Senator, you have ten minutes.

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

Ciarán Lynch: Could you just-----

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

Ciarán Lynch: One minute, Senator.

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

Ciarán Lynch: Senator-----

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

Ciarán Lynch: Thank you very much, Senator. Deputy Eoghan Murphy.

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

Ciarán Lynch: Deputy, a few more minutes.

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

Ciarán Lynch: I'm going to take it if you don't take it, are you going to take the question?

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

Ciarán Lynch: Okay, but you're out of time now.

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

Ciarán Lynch: Deputy, you are out of time. I just need to raise this issue on the domestic standing group before we move on. You mentioned there, Governor ... as role as Governor, you did not have a central, pivotal role in the domestic standing group, but given the parties comprising domestic standing group, can you outline the possibility that there was a deficiency in the domestic standing group...

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

Ciarán Lynch: Okay. I just want to return to one other matter as well. It is just could you comment further on your earlier reference to political discussions after the discussions which the bank ... with the banks which were discussed and agreed around the guarantee, and, importantly, who participated in those discussions?

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

Ciarán Lynch: This is ... you mentioned earlier about the political discussions after discussions with the banks. This is when the ... when you said Mr. Cowen made it very, very clear to the banks as to what the position was-----

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

Ciarán Lynch: -----and then you said that there was a political meeting and discussions. Who was at that?

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

Ciarán Lynch: Okay, thank you. Senator Susan O'Keeffe.