Results 6,301-6,320 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Which page, Deputy?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Same page, okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: I will allow that, what you call it, that Ulster Bank didn't go into NAMA and so forth, and I was conscious when Deputy Higgins was making that question, but what Mr. Daly, I think, was indicating at that time was a broad culture across the banking sector to examine and stress test the creditworthiness of loans that were being issued and the subsequent liabilities that were then being...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: In terms of the general culture or the suggested general culture within financial institutions were checking the creditworthiness of borrowers and the subsequent liabilities then that were actually being incurred and created by the banks and the losses that were incurred by institutions because of the possible or not possible examination of people's creditworthiness.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: The cover on it, volume?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: ''Journey to One'' strategic business initiative update, Mr. Gallagher.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Before I move on, and to just round up one issue that Mr. Torpey and Mr. Gallagher were responding to from questions from Deputy Higgins around remuneration and bonus packages. What was your bonus package in 2008, Mr. Gallagher? Did you refer to that in evidence, or was it discussed at ... and what was your bonus package?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: I can put up the evidence ... it's a document there, but rather than going back to it, I just ... something I just want to tease out on that. It was something like-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: If you have it there, please yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: That's at 274 ... Okay. You said that rules subsequently changed after 2008, Mr. Gallagher, that remuneration packages now get examined with regard to performance. Under the new rules, would that ... 2007 the €172,000 have been paid to you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: That you wouldn't have received that bonus under the new rules?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Okay, and I -----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: And, on reflection of that, do you believe that that payment or remuneration was then merited?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: On that basis, and reflecting on that, do you have a view as to whether that payment, from your activities in 2007, paid in 2008, was actually merited?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Okay, and do you have a view on the new remuneration rules? Do you think they're an improvement or not on the previous rules?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Okay, thank you. Deputy Eoghan Murphy.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Three minutes now, Deputy.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)
Ciarán Lynch: Final question.