Results 6,121-6,140 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Senator Michael D'Arcy. Senator, you have six minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Final question now, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: I need to allow time to reply for Senator, so I need to push the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Final question, Senator. Response, then I'm moving on.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Thank you. Deputy John Paul Phelan.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: We have to have an appropriate time and a response so running down the clock on a question like that is very difficult-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Thank you very much. Senator Marc MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: You're way over time now Deputy, very briefly

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: You can choose to answer it any way you wish, Mr. Kelleher.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Please, can we get on please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Time up, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: No, no, I'm not.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Sorry, I have to bring you to an end there now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay. Thank you very much, Senator. There's been a number of engagements or questions this morning, Mr. Kelleher and Mr. Parlon, in regard to the CIF's engagement with NAMA, the CIF's and its members' engagements with politicians. I want to kind of broaden that out into other engagements as an active organisation and one of them relates to your engagement with the Central Bank. In the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Is it coming up there, is it? Sure. It should be on the screen there now in the next moment or two. It's in front of you. And what ... the business sentiment survey there that was-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, thank you very much. Basically this is a summary of the business sentiment survey that was issued ... or dealt with through the CIF with the Central Bank:In [the] Central Bank['s] Business Sentiment Survey from late 2006, the CIF indicated that they only expected housing input to be around 90,000, with only a small decline the following year.They advised that the market was coming more...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, and I can appreciate that but would you ... looking at that now ... consider it to be a fair and accurate reflection or not of what the general sentiment of the CIF was around that time in 2006?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: In about a year later, a programme was broadcast by RTE called "Future Shock[s]", which gave an entirely different reading of the situation out there. And at the time, Hubert Fitzpatrick on behalf of the CIF, the housing director there, issued a strong statement challenging the "Future Shock[s]" programme, with the opening comment that "the continued strength of the Irish economy is such...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: But in the statement of that time which was in around April 2007, the statement goes on to say in the same paragraph, "Even the most pessimistic prediction of economic growth next year which is 3.5%, will see the Irish economy growing at nearly twice the EU average." Then it goes on further in the statement to say, "The current situation in the housing sector is a sign of strength and...