Results 10,481-10,500 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Marc MacSharry: Yes, but in terms of your advice and outflows-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Marc MacSharry: Yes, I have the last one.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Marc MacSharry: Yes, well. Perhaps somebody else will come back to this line so. But this is another question that I wanted to ask. We are having difficulty in our questioning over the period of time, getting to the bottom of the origin and source of the no bank should fail consensus that everybody seems to know, but nobody seems to remember who said it. Do you have any recollection or knowledge that you...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Marc MacSharry: But sure-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Marc MacSharry: I'm conferring with the Chairman, continue. So it wasn't, it just popped in there, like everyone else, did it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Marc MacSharry: But I'm listening. I'm not able to get the answer.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Thanks Chairman, and welcome, Mr. Grimes, and thanks very much for being here. We were talking earlier on about the issue to do with contracts for difference with Deputy McGrath, and you were saying that it certainly was a highly unusual situation and that, really, you felt that it was in the regulator's domain to take appropriate action. Is that a fair representation of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Were you a director of the regulator, at any stage?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Is it correct that six members of both boards are members of each, so that there's dual membership for six?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay, so-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Just so I'm clear, and maybe I'm not, there are six of the regulatory authority-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: On the Central Bank.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Were you one of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Were you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. What I'm trying to just get around here is that ... and it's come up a couple of times that, look, that was an issue for the regulator, this is an issue for the Central Bank. Was there any dual membership, so that people-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. Were you ever one of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: Okay. And during that period, is it reasonable that you would have known what was going on in the regulator and the Central Bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: I understand that. Is it that things are kept secret from members of the board?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Marc MacSharry: I see. So, before your appointment in this dual role, where you were available to both, and were knowledgeable to both, and their activities, to the extent that board members would be made available ... other people had that kind of a role, did they?