Results 9,681-9,700 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: It's an opinion.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: And you say that they wouldn't do it because the ratings agencies didn't give you AAA.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Where does that interpretation come from?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: NTMA.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: And what was the context of that conversation? You were pursuing a credit line probably.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: And were they senior in the organisation? Were they speaking with authority or were they just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Can you tell us who you were speaking to?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Dr. Somers. That was the reason that he gave you when you met him but it-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: -----but it wasn't an arranged meeting.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: This wasn't when you were pursuing a credit line from the NTMA; this was an informal meeting or a-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Is it possible that the view of the NTMA might have changed subsequent to that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Okay. Even after you were told that by Mr. Somers, you continued to seek credit lines from the NTMA. Is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: You didn't?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: This basically was €6 million in a credit line.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Okay. Did you ever raise this issue with anyone in government?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: Why didn't you have the preferred rating from the ratings agencies?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: For the rating agencies or for the NTMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)
Eoghan Murphy: How did that compare to other banks or other societies in Ireland at the time?