Results 801-820 of 16,492 for speaker:Ciarán Lynch
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Thank you very much. I'd like to move towards wrapping up and in doing so I invite Senator D'Arcy in please. Senator D'Arcy, three minutes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: That's a matter that has been raised with a number of other witnesses that have been before the committee, Mr. Fitzgerald. It is your prerogative whether you wish to answer that or not.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Thanks very much, Mr. Fitzgerald. I just want to wrap up with a couple of questions myself with you and then we will bring matters to a conclusion. Mr. Fitzgerald, do you believe that it was appropriate that you, as a member of senior management having a team of over 300 people reporting to you, were focused solely on one area of business and that you appear to have operated in a type of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: And in that regard, do you believe that you had an obligation to concern yourself with the wider business strategy of the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay. Do you feel it should have been?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: And in your opinion what was the fundamental failing of the management structure of the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Mr. Fitzgerald, I'd like to return to maybe the period of in and around 2008 and maybe first ask you as to where do you think that Anglo eventually ran out of road and was beyond the point of no return?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Which was in what period?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Of 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay. Prior to that? The road looked okay, yes?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: So there was a growing awareness of evolving issues in the bank at that time, yes, okay?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: So in that environment of growing awareness and evolving issues, did you have any discussion with any board members, senior management or, indeed, any officials at any level in Anglo Irish Bank on the need to get access to what might be called "the political air" or to get issues facing Anglo into the political air? And, if so, was there any mechanism by which this would actually happen in Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: And would you be familiar that if such a conduit was to be taken, who would be the conduit?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Who was who?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Which was who?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Seán FitzPatrick. Okay, with that said, there's just one final issue I want to raise with you, Mr. Fitzgerald, this morning. And that is in regard to just the general perception of Anglo Irish Bank and its senior management and so forth, and to ask you if ... there's been a lot written over the last number of years, a lot spoken about Anglo and its senior team. Mr. Fitzgerald, as a...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: So with that said, I just would like to invite you, Mr. Fitzgerald, if you so wish, if there are any closing comments or remarks that you'd like to make, to give you an opportunity to do so and then I'll bring matters to an end.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: Okay, thank you. Thank you also for your participation today and your engagement with the inquiry. Mr. Fitzgerald, you're now formally excused and I propose that we take a recess for 15 minutes after which we will move on to our next session. Is that agreed? Agreed.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)
Ciarán Lynch: We will resume in public session. Is that agreed? Okay, and we now commence with the second session of today of public hearings with Mr. Gary McGann, former non-executive director at Anglo Irish Bank. The Committee of Inquiry into the Banking Crisis is now resuming in public session and can I ask members and those in the public Gallery to ensure that their mobile devices are switched off?...