Results 8,001-8,020 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: The record is that your recommendations were implemented and by your account this morning, that had a measurable impact on the housing market. We saw a stabilisation and maybe even a drop in prices as a result of your recommendations. Your recommendations were then reversed and what happened to the market? Did the prices start increasing again or-----

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: -----did they stay stabilised?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: For the record again, you were not consulted on any of those reversals of the measures outlined in your report.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Dr. Bacon will not get used to them here.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Can I come back to one matter Deputy Phelan was dealing with to get clarity for the committee from Dr. Bacon? Deputy Phelan referenced the first page of the NAMA report, which states: As regards their property loan portfolios the six guaranteed credit institutions face cumulative economic impairment on their land and development loan exposures and associated property investment loans of...

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Okay. Can you tell the inquiry what you consider that figure to be?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: That may happen at this morning's inquiry later on. In regard to your reflection on what you considered figure X to be back then, is it still your view that figure X stands the test of time and is accurate?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: That it was underestimated?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Thank you very much.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Deputy Doherty is putting the figure on the record from the report being released to him as being how much?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Thank you.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: I thank Senator D'Arcy.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Who is the Deputy quoting from?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: You spent a lot of time asking the question. I have to allow the witness a respectable period of time to respond.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: The Deputy is over time.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: You cannot make suggestions like that. You can ask the question.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Dr. Bacon can answer.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: I have to allow the witness to respond.

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: Is the Senator referring to Dr. Bacon's opening statement?

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Ciarán Lynch: The Senator has two minutes remaining.