Results 10,061-10,080 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Nobody's judging that at all.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Yes, no, I understand where you're coming from, Mr. McCreevy, but what I'm trying to say is, is it reasonable - yes or no - that people want to talk about-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: It is, okay, that's fine. So, can I ask you to outline if anybody, as a political lobbyist or as a sectoral lobbyist, as a political representative or a political party, in your nine Finance Bills, can you recall anyone ever asking or lobbying for you to reduce expenditure and increase taxes?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: It's important that we get the answer to this on the record because we've asked the secretaries of the Departments in the day-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Did anybody ever?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Either a sectoral representative organisation-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: -----a political party, a politician, an individual, the media, anybody.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Is that a "No" then - apart from Deputy Higgins?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: I have two further very last questions, is that okay?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: Okay. One is, given everything that's happened and you said that coming into elections, we like to get re-elected, so decisions are made in terms of budgeting around that. Do we need a more mature approach to democracy in this country, in your opinion?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Marc MacSharry: But to budgeting? I mean, do we have to say "Look, it's about what we need to do rather than what's going to buy us the votes," for want of a better expression?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: Thanks, Chair. Morning, Governor, and thanks very much for coming in again. After your appointment in 2009, what did you do to ensure that you had sufficient resources for the supervision that you wanted to implement?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: Was there any difficulty in getting the levels of expertise that you required?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: And were you bound by the salary caps and so on of the ... of the public service over here?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: But at the time it wasn't difficult, you're saying, to get people, the salary wasn't really an issue, people were-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: Before your time ... we heard from people on the regulatory side and the Central Bank itself saying that additional staff were required and it was very difficult to get the people with expertise due to salaries and others. Was this a credible view in-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: Post-2004, after administrative sanctions were brought in to the Central Bank, when you came in then in 2009, were you ... what was your view as to the reason for no prudential regulation breach enforcement in that period?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: But at that time was there any justifiable reason ... I know it predates your time but, I mean, given your knowledge now and looking back and helping us to assess an opinion of the period, do you think that the lack of enforcement of prudential regulatory breaches at the time was right, was reasonable - the focus on the consumer side, rather than the prudential regulation side?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Marc MacSharry: We heard from the then chief economist, Tom O'Connell, I think, some weeks back, and he spoke of how he, on a personal level, was consistently recommending different courses of action but that again, in his words, at the time he had great difficulty, despite his proximity on the seventh floor, in getting his views through to the board and indeed despite the fact that he had the opportunity to...