Results 6,641-6,660 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: Okay, you'll need to move on from that question.

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

Ciarán Lynch: Okay, that's it.

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

Ciarán Lynch: Okay, thank you, Mr. ... Deputy, and thank you, Mr. McCarthy. Deputy Michael McGrath. Deputy, ten minutes.

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

Ciarán Lynch: Deputy Higgins, Deputy you have ten minutes.

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

Ciarán Lynch: The fear of legalities have been expressed so unless you have a different approach to this, Deputy Higgins, we will move on to the next question.

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

Ciarán Lynch: I am trying to assist the inquiry just like yourself Deputy, and every member has the facility to engage with a legal team here, before they engage in a line of questioning with the witness. I am not too sure if you raised this matter or not with the legal team. But if you had, you would have been informed of the specific customer matters in this regard are not engageable ... and there are...

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

Ciarán Lynch: Again-----

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

Ciarán Lynch: And as a general rule ... and I'll facilitate you with some time here, Deputy Higgins, because this engagement has kind of maybe brought us outside to your time allocation .... is for all members - and every member is aware of this - that if ... and the facilities available to all members prior to any, sort of, specific question that they might be engaged with ... there is the interaction...

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

Ciarán Lynch: Final question.

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

Ciarán Lynch: You did and we stopped the clock as well. But I'm going to give you a bit of time, Deputy.

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

Ciarán Lynch: Thank you very much, Deputy.

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

Ciarán Lynch: Thank you very much. Just before I go to the wrap-up, if I can maybe just ask you, Mr. McCarthy, did you ever invest in a property transaction that was actually financed by Ulster Bank?

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

Ciarán Lynch: Okay, thank you. So we'll go to the ... move to wrap up. So, Senator Barrett, you have five minutes and then Deputy McGrath, sorry, Senator O'Keeffe, my apologies.

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

Ciarán Lynch: Now we are moving outside the terms of reference now Senator as well, this is the Republic of Ireland investigation that ends at the end of 2013.

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

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

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

Ciarán Lynch: Thank you very much. Just one final question to you, Mr. McCarthy. In ... and correct me if I'm wrong in this regard, but a repetitive theme in your responses to a number of questions - most recently to Deputy Higgins - with regard to the crisis period was that it seemed right at the time, it felt to be the right approach and so on and kind of commentary of a similar regard, would that be...

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

Ciarán Lynch: Yes, but would you be acknowledging that the seeds of the crisis were actually in the pre-2007 period?

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

Ciarán Lynch: Okay. In addiction models, there's a term called euphoric recollection and what euphoric recollection is when somebody is in danger of falling off the wagon and to engage in behaviours that were damaging to them in the past, that they recall their addiction in positive terms, euphorically, hence the term euphoric recall. Is there a danger in Ulster Bank, to your mind, or in the banking...

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

Ciarán Lynch: Okay, thank you. Is there anything first you'd ... or anything you'd like to add before we complete this evening's session, Mr. McCarthy?

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

Ciarán Lynch: Okay, with that said, I'd like to thank you, Mr. McCarthy, for your participation here this afternoon and for your engagement with the inquiry. I now propose that you be excused and I also propose that the committee will suspend until 6.45 p.m. and return in private session at that time. Is that agreed? Agreed.