Results 9,901-9,920 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Your advice wasn't being sought on other matters?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Was there a very, kind of, pigeonhole situation to the domestic standing group that everyone had their pigeonhole and you didn't veer outside it or was there an open flow of information where people threw views around even if it wasn't their specific area?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: From the beginning of 2007 when you started?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: And was the data that they were getting, in your view, was it of a sufficient quality and accuracy to identify critical risks?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: You mentioned earlier about never being happy or confident about Anglo. Is that correct, or is that fair to say?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: How far back did that view go with you? I mean, did it go back ten years, the '70s, six months?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Any undue risks, yes. So you felt that Anglo was a risk?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: And did you say this at the domestic standing group? Did you say, "Look, lads, we're not going near-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: And would they not have said, for example, "Look, Dr. Somers, what are you worried about? What's the problem? Are they not as good as AIB or Bank of Ireland or a credit union or whatever?"
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: I'm just trying to get a picture of ... were they saying ... you know, you were implying, "Look, I don't want to put money there". Were they blindly going, "Right so", without asking, "What's the problem?"
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Mr. McDonagh said you were not comfortable with the model of Irish Nationwide, either, would that-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: You never gave them any money. And no credit line either, it seems.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Had you the same kind of view of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: And in terms of deposits, you went commercially wherever you felt safest and wherever you got the best return.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: And did that include other Irish banks like AIB and Bank of Ireland?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Right. You said earlier on that the pressure for putting money into banks ... was, kind of, Central Bank and Department of Finance - more Department of Finance than Central Bank. Was there any sense of political pressure from the Taoiseach or the Minister or Cabinet or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: I appreciate that they would have gone along with it but, I mean, did you feel ... was this a political agenda at all or was it just the Government saying, "Look, I met Anglo the other day. They need deposits, put some in".
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: When would that have been?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Would it have been more August 2007 or August 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Marc MacSharry: Of course, sorry.