Results 841-860 of 4,414 for speaker:Sean Barrett
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Is there a difficulty in regulating this sector if a bank, or the old building societies, lends both to the developer and then, subsequently, to the people who buy those houses, or is that a practice which you'd have opinions on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: How do you address the problem of short-term borrowing for long-term lending in the housing market, in general?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: In your international context, what did the Canadians do that we might have emulated with some benefit to ourselves?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Well, that's most interesting and useful, thanks. Now, you're a 10% growth person-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Or lower. Now, the oversight such as all those points that Ms Yvonne Madden and you were working on in relation to internal procedures. Do you think that we've got a better oversight of credit within the financial sector now than we had in the lead-in to the crisis?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: And you mentioned in response to Senator D'Arcy on wholesale funding, you've gone from 26% retail, 74% wholesale. What are you at today?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Your first posting was in the ACC. Was that right ... in your early career, that's where you joined banking?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: What I was trying to get at there is that if you get a banking system that's obsessed with property, do you need sectoral banks for agriculture and industry side by side?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: We've had evidence, finally, that house prices in Ireland have gone from 2.5 times incomes to as high as 12. Has sectoral concentration on property caused part or all of that massive house price increase?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Since about 1990, I think, would be ... yes, the figures for that, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Thank you very much. Thank you, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Thank you, Chairman, and thanks again, Mr. Murphy. What criteria should be used in choosing board members for the Central Bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Thank you. And the final one: how did auditors of Irish banks miss so much?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Thank you, and thanks, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Thank you very much, Chairman, and thanks for coming back again, Mr. O'Flynn. The Central Bank, in an assessment of the valuation process, commented that credit institutions were often negligent and imprudent in the manner in which they requested property valuations. Did you agree with that and ... and did you see any differences between the valuations sought by Irish banks and non-Irish banks?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: And did you tell us earlier that even Anglo didn't engage in these attributed inefficiencies from the Central Bank, that you found Anglo inefficient?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: And you had, I think by some books, it's in a public source, I think it's Simon Carswell's book, you had a billion borrowed from Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)
Sean Barrett: But they went broke for about 30. So if they were efficient with you, there must have something else happening in the ... in that bank?