Results 901-920 of 4,168 for speaker:Susan O'Keeffe

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: -----but you were the client, if you like.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: But possibly not ... possibly not the case 20 years later or 15 years later, but anyway.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: But my point is, did you see a change? Or how did the banks behave towards you now that you were, if you like, a player?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: So they were coming to you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: And what would they say, Mr. Quinlan? What were they ... how would they do that? Take you to lunch or-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Right.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: And what would make you choose, if you like, one serious banker out of another? If all of us here are bankers, why would you choose one or two? What ... what ... what attracted you?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: And how, given that they were obviously competing for your business-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: -----and you weren't taking all of the offers that were given, what sorts of deals, if you like, or terms were they offering in order to entice you? What would they say to you, apart from the lunch or the dinner, what were they really talking about?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Too long ago, Chair?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: That is the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: So how did you work out how to make-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: But, obviously, Mr. Quinlan, that kind of capability, I assume other sorts of arrangements that banks offered ... interest only, repayment free, rolling up the interest, I mean, how-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Now-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: The increased availability of access to cheap wholesale credit-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: -----has been identified as a cause of the explosion in borrowing.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: What would you ... would you agree with that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: And did it have an adverse effect, do you believe, or not on the degree of loan risk assessment carried out by banks in the years ... I'm talking here now of the 2000s, not the '90s?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Susan O'Keeffe: Okay. But-----