Results 7,921-7,940 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Ciarán Lynch: It is a new question.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Ciarán Lynch: The Deputy should be brief.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Ciarán Lynch: Can the Governor say was it, by its nature, going to lead-----
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Ciarán Lynch: I do not have-----
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Ciarán Lynch: It is on the record and Deputy Kieran O'Donnell can read it later. I am going to bring the proceedings to an end. I thank the Governor for coming before the inquiry following our invitation to him on receipt of his recent correspondence to us. The deliberations of the committee will continue into the nexus phase, at which time we may engage with the Governor again. I thank the Governor...
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: This is the 13th public hearing of the Joint Committee of Inquiry into the Banking Crisis. Today we will hear from Mr. Simon Carswell, author and journalist, on relationships between State authorities, political parties, elected representatives, supervisory authorities, banking institutions and the property sector. This is the first of several sessions on this theme this week. Mr. Carswell...
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: I thank Mr. Carswell. Before I bring in members of the committee I will set some broader scene questions with him. Mr. Carswell's 2006 book entitled Something Rotten: Irish Banking Scandalscovered various scandals at Irish banks dating back to the 1970s up to 2004 and that includes the overcharging scandal at AIB. How would he describe the relationship that existed between the regulatory...
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: In that period of time, who would you think should have been responsible for crying "Stop" in the pre-crisis period and when should it have happened?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: Both in terms of what would have been the optimum intervention point and what point you think it was actually too late.
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: Who should have stepped in?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: I first invite Senator Michael D'Arcy, you have 15 minutes.
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: What period was this?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: Before I call Deputy O'Donnell I would like to clarify a point with Mr. Carswell in regard to the Asset Covered Securities (Amendment) Act 2007. Can you explain what that Act did?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: In chapter 5 of your book you explain how that Act came about and you say there was a concerted lobbying campaign. Could you expand on that?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: How did that Act relate to the standing of the security of the bank? Did it make the bank more or less robust?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: I will allow the Deputy a brief supplementary, and that will be his last question.
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: I am proposing to take a ten minute break as soon as Senator Susan O'Keeffe finishes her questions.
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: Did the product range change, for instance, the mortgage products that were made available afterwards? For example, did they include 100% mortgages or interest-only mortgages?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: Before we take a short recess, I want to round off one area which was touched on in a number of questions, namely, the competition that was taking place between the different lenders and the loans going to developers. Mr. Carswell gave an image of particular tracts of land where competition was taking place. During that process, was a marked weakening of the security being sought by Anglo...
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Ciarán Lynch: -----how they were getting money.