Results 6,521-6,540 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Okay, Deputy, sorry, you are way over time. I just want to finish off on the remuneration issue, Mr. Boucher. At the time do you believe the remuneration packages were actually merited and do you believe that there are ... you've outlined some reforms on remuneration in your comments. Do you have further comments on how you believe remuneration should be dealt with going in the future?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: So final question on that. Under the new remuneration model, the banking operation through the crisis period using the new model, would the bonuses and remuneration packages for that time now be clawed back?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: It would be a new model now, you can't play them retrospectively but given the circumstances of the past, using the new model, could you claw some of them back -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Thank you. What I now propose is that we suspend until 11.20 a.m. It is just coming up to 11 o'clock. The witness is reminded 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 are being discussed before the committee. With that in mind, I now propose that we suspend the meeting until 11.20 a.m. and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: I propose that we go back into public session and continue with our engagement with Mr. Boucher this morning. And in doing so I'd invite Deputy John Paul Phelan. Deputy, you have ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Thank you Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Last question, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Thank you, Deputy Phelan. Senator Sean Barrett. Senator, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Deputy Pearse Doherty. Ten minutes, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Thank you. May I just clear up one matter as well, just the ... in regard to Bank of Ireland on the entry into the guarantee, just to clarify Mr. Boucher, do you believe that Bank of Ireland was solvent at that time, or not?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Okay. Thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: When you say you don't think you had choice, do you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Thank you, Mr. Boucher. Deputy Higgins, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Okay, that's answered. Senator Michael D'Arcy, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: No, from 2013 to date is outside the scope-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Within our terms of reference, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Ciarán Lynch: Senator-----