Results 8,141-8,160 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)
Ciarán Lynch: Yes.
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)
Ciarán Lynch: That is a standards in employment issue. In terms of a wage issue, which is also an equality issue, the benchmarking that took place was the public measured against the private. Does Professor McDonough have a view on that?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)
Ciarán Lynch: Specifically on the Nyberg report, does Professor McDonough agree with the-----
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)
Ciarán Lynch: To finish up, two economists were in the Oireachtas recently. It was not with this committee, but with the social protection committee. One of them was Professor John FitzGerald and the other was Dr. Dónal de Buitléir. Professor FitzGerald said, "The overall impact of Government policy on expenditure and taxation of successive Governments has had a progressive impact." Dr....
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)
Ciarán Lynch: Is there anything else Professor McDonough would like to add before we come to a conclusion?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Feb 2015)
Ciarán Lynch: With that said, I thank Professor McDonough for his participation. It has been a very informative and valuable meeting, which has added to our understanding of the factors leading to the banking crisis in Ireland.
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: The committee is now in public session. I remind members and guests to switch off their mobile telephones before we commence. Session A this morning is a public hearing discussion with Professor Gregory Connor from NUI Maynooth on issues relating to banking policy, systems and practices which may have underpinned the banking crisis in Ireland. I welcome everyone to the tenth public hearing...
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: I thank Professor Connor. Before I bring in lead questioners, I will come back to his statement to deal with two matters. As he is aware, these hearings are broadcast to the public. In simplified terms, could he explain to the committee what he means by funding or liquidity risk and also what is meant by capital or solvency risk?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: One of the principle terms of reference of this inquiry is to examine the solvency vis-à-visliquidity of the banks in the lead-up to the crisis period, particularly around the time of the bank guarantee. Will Professor Connor explain to the committee what difficulties governments face when attempting to diagnose whether a bank has a liquidity or a solvency problem?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: Taking Professor Connor’s evidence to the inquiry so far this morning, at the time of the bank guarantee, what does he believe was the then Government’s view with regard to the banks being in need of liquidity or them actually being insolvent?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: Are Professor Connor's remarks inclusive of all banks that were Irish owned?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: I ask Professor Connor to outline his views on the concentration limits for the Irish banks prior to the guarantee. Does he believe they were excessive?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: Was that each and every bank?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: I wish to round off with an issue raised by Senator O'Keeffe. Does the professor believe that the Government should have made a different decision in 2008, given the information it had to hand and will he outline to us the information he believes the Government had at that time?
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: I cannot take that question, Deputy because we are out of time. I now call Senator MacSharry.
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: I cannot take the judgment question that Deputy Higgins just asked.
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: That is a leading question.
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: The Deputy could just ask how the banks behaved.
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: Professor Connor is the witness and can say whatever he likes.
- Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)
Ciarán Lynch: This is a leading question. Just ask the question.