Results 1,001-1,020 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Did, did you have a conversation with them directly about your observations or your, your concerns about the lack of their knowledge?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Okay. Right. In ... on page 10 of your statement, when you talk about the pressure that was brought to bear upon you, considerable pressure you say was being applied, for the NTMA to increase the amount of deposits. So to be clear, the deposits had already been increased hadn't they, in June 2008 as per the previous page?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: So this was now new pressure to increase again?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: How was it then that you maintained your position, was it because no direction was given or because you fought your ground or people gave up or what happened?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: And that didn't happen, I take it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: When you say "considerable pressure", what are you referring to, who-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Did you attend meetings with Anglo Irish Bank in November 2008 about what would happen to them, or was that somebody else at the NTMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Yes, this would have been after the guarantee.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: No, I mean ... it may not have been you. So finally, just two things: one, in the booklet that you got, on page 7, there was that-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Okay, and were you convinced by the story?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: Pardon me?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Susan O'Keeffe: No. Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Thank you, Chair. Mr. Cowen, I have a couple of documents that are Department of Finance documents, which I appreciate with all the books that are going around, that you mightn't have seen but if ... if-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Well no, if there's a difficulty you don't have to respond to them, if you see what I mean. They're all, they're all-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: And that's ... anyway. Why, Mr. Cowen, is there no ... proper full note of the night of the guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: There's no document.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: This is document DOF03151. Now, Mr. Cowen, I know you don't have this document and I'm sorry about that, but this is a briefing note that was given to Brian Lenihan as he came into office, right. So I suspect that everything that's in it is material that you already know, all right. So, effectively ... it effectively discusses some of the dilemmas facing Mr. Lenihan, "we are now factoring...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: And there's another document then that went with that, there were three or four documents that went together. "Summary of key information re Irish banks", this is DOF03372, "Virtual cessation of normal wholesale lending activity, where all banks have in recent years sourced a growing share of their funding." And then it gives detail of the various banks: In summary ... the concerns that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Are you saying that you were managing them well?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Susan O'Keeffe: Okay, and so, given that information and the fact that bank share prices were falling, did they all point to an impending bank problem?