Results 10,701-10,720 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: And could you put a timeframe on it for us?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: About a minute and a half, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Interesting. Just another point and I know that we did slightly cover this already but I ... I just want to ask you ... can you comment on why the decision to nationalise Anglo was not taken on the night ... and what advice specifically would have provided to the Government in this regard?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: What was your ... and I'm just finished now ... what was your view just with regard to ... if nationalising Anglo earlier ... would it have sped up the resolution to the crisis in your view?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: That night ... that night.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Yes. Just following on from that line, the men, the people in the room making judgments ... in your opinion, was that judgment ... you said judgments can be right or wrong. So looking back with hindsight, was that judgment correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Just to clarify, because I am conscious we are all getting a little bit used to terms like ELA and everything here in this room ... and there's people watching at home, is it ... just to clarify, is it your contention that if ELA on its own was provided to Anglo the next day, that theoretically we could have got to the weekend, but the risk in doing that was because the word around the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: With hindsight, and this touches a bit into this morning if that's okay and we are just finishing up and -----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: ----- it's been a long day. With hindsight, has principles-based regulation in your view, been tantamount to self-regulation in practice?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Very finally, and back to the old chestnut that many of us have touched on in terms of banks being allowed to fail. In the discussions and the deliberations in the room when people were trying to make that right judgment and when discussions around the potential to allow banks to fail was being considered, what was the contrarian view put forward? Were people ... was it said, ''Look,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: I understand they were the key options. But in the context of allowing banks to fail ... was that option being discussed or thrown around?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: So would ... back to Professor Honohan's view where he articulated that it is his belief that the Minister wished to intervene in those two other banks, to your recollection that was never discussed on the night. Is that the case?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: No, they intervened-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: To quote Professor Honohan-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Marc MacSharry: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Marc MacSharry: Thanks very much and welcome, gentlemen.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Marc MacSharry: Can I ask, with regards to the preparation of the firm's annual audit plan and the risk assessment underpinning it, did the risk assessment approach adopt a change to meet the prevailing environment?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)
Marc MacSharry: Is that process gone through every year or just, say, in the context of '07-'08?