Results 7,701-7,720 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: A final question, Deputy.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: We are not looking for a value judgment of personalities here, Senator. You can talk about the general editorial position or management but we are not going into specifics at this stage of the inquiry.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I will give latitude a bit of latitude but I ask Mr. Browne to be measurable in his response.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: That is even stronger. Can you come back?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Returning to the main terms of reference of the inquiry and some of the matters that have arisen, Mr. Browne used the term "light touch journalism" this morning.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: The term "light tight regulation" has been mentioned many times during the term of the inquiry. Taking the two terms together, has Mr. Browne in his experience as a journalist or from information available to him, ever come across gatherings or dinners hosted by the banking industry, which included members of the Central Bank, the Financial Regulator or officials or board members of same, at...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Fair enough.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I ask members and the witness to check their mobile phones as somebody's phone is causing interference.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: We are broadcasting this live, so Mr. Browne can keep it up.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I assume that we are 15% of the 30%.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: We will conclude. I will do summaries, but before doing that I will invite Senators MacSharry and O'Keeffe to ask closing questions.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: I thank Mr. Browne. I will not be pushing him to give "Yes" or "No" answers, but I want to bring proceedings to a conclusion. I ask him to answer the following questions succinctly. Was Ireland unique in the 2002 to 2007 period with regard to how the media covered growth in the property sector?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: When that period was over, from 2007-08 onwards, were the media coming out of that period ultimately beneficiaries or had they suffered losses as a result of that experience or their engagement with property?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Is that damage financial or reputational?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: That leads me to the next area. Were particular spheres of media affected more than others, either commercially or reputationally in the aftermath?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: So Mr. Browne is not grading one over the other. Ultimately, what lessons need to be learned? Deputy Eoghan Murphy referred to this in his closing question. Could this happen all over again in the financial sector? While that is a question for people who deal with regulation of bankers, given Mr. Browne's expertise in media I ask this. Are the media structured in a way that this whole...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: One of the jobs of this inquiry is not just to look at the past in terms of what we can learn from it but also to draw lessons from that going into the future. Is there any particular learning from this period that Mr. Browne thinks has not been acted upon or needs to be acted upon going into the future?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Is there anything Mr. Browne would like to add before we wrap up matters?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: Thank you very much for your participation in the inquiry today. The commentary has been very informative. It has been a valuable meeting that has added to our understanding of factors leading to the banking crisis in Ireland. With the permission of members, I propose to suspend the meeting until 2.45 p.m., at which time we will resume to speak with a delegation from the Irish Examiner....

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Ciarán Lynch: We are in public session. We will proceed with session three of today's hearings, which is a discussion with two representatives from the Irish Examiner- Mr. Tom Murphy, CEO, and Mr. Tim Vaughan, editor - about the role of the media during the property boom in the lead up to the banking crisis in the period 2002-07 and any changes of approach after the crisis. Mr. Murphy and Mr. Vaughan...