Results 10,001-10,020 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Oh, no ... the general discourse, the people that you meet ... CIF, you mentioned back ... the banking federation-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Notwithstanding your wish to look after first-time buyers in the context of the election in 2007, did you see it as a counter-cyclical tool and did you use it as such?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: As I asked Mr. McCreevy yesterday and all of the secretaries of the Department, current and former - I think we know the answer, but just for the record - can you outline for us how many, if any people, lobbied you in your time in Finance to spend less and tax more?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Was there anyone in it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Okay. The ... on the issue of a soft landing, among Cabinet colleagues, was there any contrarian views? Was there any Cabinet colleagues who were saying, "We have concerns here", or, "I have concerns here"?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: So "No" is the answer, is it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Did ... you were very clear in your account of any dealings you had with Anglo and Mr. FitzPatrick and so on. Again, were there any Cabinet colleagues that were advocating a position that NTMA money should be-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: -----put into Anglo?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: In terms of ECOFIN and other meetings that you would attend in Europe in your role as Minister for Finance, what was the discourse there? Did you discuss the fact that liquidity was being monitored, that there was an impact as a result of what you may have deemed to be a local issue in terms of CFDs and Mr. Quinn in Anglo or ... what was the conversation to do with Ireland and banking and...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: In the winter to spring of 2008, in the European context, were any colleagues, either ECB people or Mr. Trichet himself, questioning with regard to Anglo in particular in terms of liquidity?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: That would be in the meeting, but in the lift, on the sidelines, "How are things going with Anglo?", any of that kind of talk?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Okay, thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Okay. Mr. Cowen, following the creation of the new Central Bank and the Financial Regulator structure in '03, was there any subsequent review by the Department of Finance to assess the effectiveness of the new structure? If so, were any issues or problems noted and what actions were taken to address these?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Marc MacSharry: Okay. Just my last question, Mr. Cowen. In terms of contrarian views by public or civil servants, and I'm specifically talking about in July 2007, then Taoiseach, Bertie Ahern, had an infamous comment about suicide in relation to people moaning and cribbing about the property sector. Could I ask your view about anybody within the public sector who may have a contrarian view, would it be...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Thanks very much. I think Deputy Doherty has covered most of the specific questions that we'd agreed to ask. Just to follow on slightly from the soft landing, was there ever a forum internally where assistant secretaries, senior principal officers would sit down and say, "Okay, the consensus from the IMF and the ESRI and the OECD and various other people and the data and, indeed, our own...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: In the absence of the general advice council that operates now internally, were the various divisions a set of pigeonholes that didn't, perhaps, interrelate to the extent that they should?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: So at the management advisory committee, was it never considered that, "Look, do we all agree that this is a soft landing situation?" or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Okay, and so ... would it always be the case or was it often the case that when stuff came up from the various units, that the advice was taken as read, as was the case with the soft landing as you've suggested there?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Okay, but on the soft landing one it was-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: -----at management council, that was accepted?