Results 9,861-9,880 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: -----facing in relation to liquidity? No?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: In relation to liquidity?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: No concerns about the robustness of Anglo bank or it's model at that point, summer of 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Thank you. Thank you, Chair.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Thank you, Chairman. Thank you to both the witnesses. Mr. Dukes, if I may, I want to go through your opening statement just to get clarifications on a couple of items in it. On page 3 of your opening statement, you talk about the actions that you had to take ... by the board immediately following the nationalisation in January '09 and the first thing is an immediate review of the bank's...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: But January to March ... that difference ... Finance has a figure of €1.5 billion it's estimating in January and in March you have it at €4.5 billion.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Am I right that Finance didn't believe your numbers? Did they have an external review done as well? Is that-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Okay, moving on then-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Okay, thank you. I just want to move on then to another thing that you had to do following nationalisation, which is the restructuring plan in September '09. You did two plans and you worked with them in conjunction with the Department of Finance, the Central Bank and the NTMA and both plans were rejected by the EC and you say "It subsequently emerged that the Department of Finance had not...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Why would the Department agree the plan with you - the second plan - and then not support it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Did you ask the Department? Did you go to the Department and say, "What's happening here?"
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Did you see it as a breach of good faith?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: They apologised for the offending document, not for the action?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Okay. I want to move on, if I may then, to a document you supplied in your opening statement - the first document you supplied - which is bullet points for, I think it's John Moran's meeting with the board in May 2011 and I don't know if we can get that up on the screen, Chair. Thanks. A number of bullets points there but the second, kind of, section of the document is, "D. Fin/NTMA,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: And you mentioned that in your opening statement as well and I wanted to come to it. I mean, could you elaborate on that, please?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: I don't understand "too aggressive" though. I mean, what does that mean?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Why would the Department or anyone else want to go more softly then on ... in terms of this exercise? What would be the benefit?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: And staying with you, Mr. Dukes, but looking at the statement from Mr. Aynsley, if I may, we've had the Wright report into the Department of Finance in 2010 which came through with a series of recommendations. They were all reviewed for the public accounts committee and gone through with the Secretary General at the time and we've had the other various reports talking about failings in the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)
Eoghan Murphy: Okay.