Results 7,481-7,500 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: I refer to the confidential nature of side letters. We have already discussed the inaccuracies or the deficiencies of a database. Would Ms Hunt agree that this can create a distortion or inaccuracy in terms of trying to read what is the market rate per square foot in County Cork or County Dublin?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Given that the side letters were confidential in general and were not in the public domain, does Ms Hunt think they gave a more accurate or a less accurate reading of the rental market?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: I will move on. Colm McCarthy carried out research in the period 2000 to 2007 on rental data. During that period the consumer price index rose by 13% while rental income rose by 240%. How would Ms Hunt regard this as an indicator to the market?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: It was prime in 2000 and it was still prime in 2007. It was always prime.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Was there a concern in CBRE that rents were hitting a peak and may have been becoming unsustainable?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Does CBRE operate on a percentage of the deal when it arranges a sale of a property or a rental agreement?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Is it a flat fee or a percentage?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Are bonus payments paid to staff if they deal in major projects or even minor projects?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Is there a performance bonus at the end of the year?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: I shall now bring matters to a conclusion. Is there any further information that Ms Hunt would like to put before the committee? This might include examples of good practice here in Ireland or international ones that could be developed here. The committee’s work is as much about looking into the future and coming up with recommendations as it is about examining the past.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Cross-collateralisation and personal guarantees.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Ciarán Lynch: Thank you very much, Ms Hunt. I thank you for your participation with the inquiry today. It has added informative and valuable information to our meeting and has added to our understanding of the factors leading to the crisis in Ireland. I would also like to note that today is the last of the Context Phase hearings, the objective of which were to frame the broad context for the...

Written Answers — Department of Health: Hospital Appointment Status (31 Mar 2015)

Ciarán Lynch: 460. To ask the Minister for Health when a person (details supplied) in County Cork will receive an appointment in the ophthalmology department in Cork University Hospital; and if he will make a statement on the matter. [12910/15]

Written Answers — Department of Education and Skills: School Staffing (31 Mar 2015)

Ciarán Lynch: 570. To ask the Minister for Education and Skills her views on correspondence (details supplied) regarding the loss of legacy posts; and if she will make a statement on the matter. [12914/15]

Written Answers — Department of Environment, Community and Local Government: Leader Programmes Funding (31 Mar 2015)

Ciarán Lynch: 683. To ask the Minister for Environment, Community and Local Government if he will consider the establishment of a national rural development programme and the concerns raised regarding the rural development Leader programme (details supplied); and if he will make a statement on the matter. [13415/15]

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Ciarán Lynch: As we have a quorum, the committee is now in public session. Session 1 this morning is a public hearing with Mr. Michael Doorly, former financial director of Independent News and Media, and Mr. Gerry O'Regan, former editor of the Irish Independent, on the role of the media in the lead into the banking crisis in the period from 2002 to 2007. I welcome everyone to the 17th public hearing of...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Ciarán Lynch: Thank you. I call Mr. Michael Doorly.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Ciarán Lynch: I thank Mr. Doorly and Mr. O'Regan for their opening statements. Before calling the questioners, I might address two issues with each of the witnesses. In his opening statement, Mr. Doorly described the link between the quality of the publication and its journalism and its ability to gain circulation and readership, with this in turn translating into the ability to attract advertising....

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Ciarán Lynch: I have a question for Mr. O'Regan on a similar theme. In his opening statement he said there was no conscious attempt by him, as editor, or on the part of the Irish Independentto fuel the property boom. What were the main factors at play in the newspaper? Regarding media coverage of the Irish property boom during the crisis period of 2002 to 2007, how would he describe the narrative that...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Ciarán Lynch: I think Bill Shankly once said that sport was more important than life or something like that.