Results 10,221-10,240 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: No, he won't. He won't because I'm going to quote something from it.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: These devices can be used for a lot of things, as I know you're aware. Can I just ... this ... the very end of that question, and then the question which I need my phone for here. If you had got your way, and you've pointed out that you didn't know whether you were right on the night but this was your view in terms of nationalising Anglo and presumably INBS and a guarantee for the others,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: But there would have no ... have been-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: This is just a follow-on from that one. I have a final one though.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: So there would have been no saving then to that decision being made on that night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: Perfect. Last question. You mentioned earlier on about Governor Hurley bringing back the message, as it were, that no bank should fail. Just to confirm, in his evidence, he confirmed that it was 29 September 2008. You'll know that we had an unusual event where Mr. Trichet attended. When asked by my colleague, Senator O'Keeffe - and I'm quoting through my phone - "[Mr. Trichet,] just to...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: By yourself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: I'm just finished. I'm just finished.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: In guaranteeing the banks that night, have you a view that Ireland saved the euro?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: Thanks.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: Thanks very much, and welcome, Mr. Moran, thanks for being here. You were Secretary General of the Department for two years. What significant changes were you able to introduce in that period that changed the system?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: Well, there's a few of the TDs following suit.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: And they were all at different levels or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: What sort of way should ... you mentioned difficulty with officials not speaking to each other and the Ministers or having off-site, kind of, brainstorming sessions on policy and so on. What, sort of, way would you see ... and what sort of platform should be provided for the senior officials to express themselves, without undermining the democratic platform of the Minister on policy?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Marc MacSharry: You describe a system which is almost like a set of pigeonholes, each pigeonhole representing a Department, with very little interplay between each. I mean, on your departure, do you feel that, this system interacts flawlessly now or are there still walls that separate pigeonholes out?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Marc MacSharry: Mr. Considine, thanks very much for coming in. I'm going to start with this question. You may have covered aspects of it already. Can you remember if, and at what time during your tenure, the Central Bank identified excessive property-related lending and the heavy interbank borrowing of Irish banks as a substantial threat to their financial stability?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Marc MacSharry: Yes, so you felt that everything is okay, it is increasing year on year to a huge amount. People have mentioned percentages earlier on. But it was felt, according to yourself, that this was sustainable, this was a storm that could be weathered if it turned into a storm.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Marc MacSharry: Okay. Against the backdrop of a small open economy like Ireland, export-led in many terms in the context of its past in the 1980s and so on. As a percentage, exports have been falling from the late 90s. Is that the case?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Marc MacSharry: And did that ring any bells?