Results 10,261-10,280 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. If we could move forward then, please, to 2008, into the crisis period and, actually, if we can go to the evidence book, Vol. 2, page 15. This is ... it'll appear on your screen if you don't have the book in front of you. This is bullet points for Cabinet on 28 September 2008. You see it in front of you there on the screen.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Thank you. Were the Cabinet aware that a blanket guarantee was a possible option following the meeting of the Cabinet on the Sunday?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: That's right, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Just to clarify, at no point in those bullet points, while it does use the word "guarantee" ... it's "Legislate to guarantee/take control of more troubled institution(s)." But there's no reference to a system-wide guarantee.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Thank you, Chair. Did the Cabinet Ministers know, upon leaving that Sunday Cabinet meeting, that something would be happening the next day?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. Thank you for that. Let's go then to the meeting on the 29th. Did you know prior to going to the meeting that a decision on Anglo would be taken that night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: At what time did you reach the meeting and at what point in the discussions?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: At this point had the possibility of a system-wide guarantee been put on the table by anyone?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Okay. Brian Cowen was chairing the meeting, we've heard in evidence. What was your role at the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Do you have an official minute or note of the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: We know that bankers who were in the building on the night drafted contemporaneous notes of their ... what they recall had happened either the next day or in the following days. Did you draft any such note?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: The meeting happened in the Department of the Taoiseach. Who's responsible for the meeting room, the papers left over on the table, drafts of press statements, drafts of guarantees that might have been present in the room?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Did you see any documents being destroyed after the meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Do you feel, as the Secretary General to the Taoiseach and the Secretary to the Government, that the Taoiseach was lacking in advice from any quarter during the course of the evening?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: Did you know that officials from the NTMA were outside of the meeting room?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: You said you thought you were attending a briefing ahead of a Cabinet meeting the next day, and Dr. Michael Somers, when he was before us ... gave the following evidence: I don't know why, if its true, that the two main Irish banks were prepared to pony up €5 billion each, for whatever period, provided they got a State guarantee, I don't know why that wasn't followed. If that is ......

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Eoghan Murphy: You, you, you believe that there was only one shot, that you couldn't have just guaranteed the liquidity of Anglo to at least get you through to the next day?