Results 9,821-9,840 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: But would it have been looking at, kind of, legislation or whatever was needed to do this or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Okay, so you're not really aware of that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Okay. You mentioned in your statement that external advice tended to be - I don't know whether "limited" was the word - but it tended to be the Governor of the Central Bank and the CEO of the NTMA'. Isn't that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: When we had Mr. Somers, the then CEO of the NTMA in here, he painted a scenario where ... I must paraphrase slightly that he spoke of, ''We were the ones with the money and that's what they wanted us for." He also spoke of - on the night of the guarantee in question, and Deputy Murphy may have mentioned this - sitting in a room endlessly, for hours, but that this was the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: But they'd hardly all be abroad, I mean?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Wasn't there about 160 staff or thereabouts?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: So-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: No, no, absolutely not, indeed. But was the practice in your term of office that of the 100 to 160, or whatever number of employees it is, that only two liaised with-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: As in the CEO and ... I don't know what Mr. McDonagh's role was. There was ... there's kind of three main positions there, isn't there?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Was there an attitude around Government Departments generally that, "Look, we don't need those guys, don't ring them"?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: But, with the benefit of hindsight, in practice, would this have meant that, to our detriment perhaps, we didn't consult some of the other 157 staff if the main three were outside of the country?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: So would you not agree with Mr. Somers's evidence that they were, kind of left, in rooms more than consulted? And I'm paraphrasing somewhat, I don't wish to lead.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Absolutely, and can I say it's largely because of me, so I apologise. Just two other questions and I'll finish up, if I can. I've asked this to a lot of the secretaries of Departments that were in: can you outline if there were any requests from political outside bodies or otherwise, for reductions in expenditure or increases in taxation between 2000 and 2011? Other than from people like...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Give us an example of that, if you would, because you are the first to answer in the affirmative, of all your colleagues.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Like plastic bag charge, for example, is that what you mean?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Who would have been looking for an increased charge for that, for example?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Who?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Marc MacSharry: Oh, but sure, they're State, like. I'm mean I ... I mean I'm talking about inside ... outside the State.