Results 741-760 of 7,975 for speaker:Joe Higgins
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Yes, but Mr. Cowen-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Yes, the point to put to you, Mr. Cowen, is that the encouragement of that type of speculation is, in fact, precisely what led to a bubble and then to disaster. But let me put to you how you finished that speech: Of course, not all of these brave new initiatives are successful. It's a hard game, but there's all to play for. Of course, that's easy for me to say because you are players on...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Is it any wonder this is the question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Is it any wonder-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Chairman, I was asking the question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Mr. Cowen, as Minister for Finance, said to the bankers, "I will continue to wear your colours. I am an ardent supporter on the sidelines."
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: The question I'm asking Mr. Cowen to say or to ask is: is it any wonder that a culture of deference was then evident in the regulator and in other areas of the State when the Government-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: -----was speaking in these terms?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Mr. Cowen, why were speculators and developers allowed to profiteer incredibly by any standards, in land, for example, in land dealings which caused massive increases in the price of a home for an ordinary person? Did you take any significant measures to stop that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Yes, Mr. Cowen-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: I'm only asking you questions.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Mr. Cowen, I'd like to deal a little bit with the relationships - it's one line of inquiry for this committee - between the Oireachtas and the banking and property sectors. You say in your opening written statement, it's at point 39: It has been alleged that no action was taken by our Government to deal with these risks [let's leave that]. This seems to be based on the view in some...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: -----over the years-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: How could such a close relationship not impact on the moves that your Government would or would not take-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Yes. An ordinary person would feel that this would certainly impact on policy, this close relationship. Is that the case?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Yes, well, the question people would ask, Mr. Cowen, is why so many of the major developers, many of whom finished up in NAMA, were patronising and funding the major party in government for a considerable period of time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: I'll just finish the question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: Mr. Cowen, the people that were funding your party, some of the people that were funding your party, were people who-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: -----who were heavily involved in serious land speculation in the course of the bubble, drove the price of a home for an ordinary person up massively, for example, and other downside effects. Now can I ask you Mr. Cowen, do you expect the ordinary people out there who have-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Joe Higgins: No, do-----