Results 11,121-11,140 of 14,090 for speaker:Marc MacSharry
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Marc MacSharry: Okay, so would it be street sense as opposed to the Institute of Professional Auctioneers and Valuers, or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Marc MacSharry: ---chartered surveyors, or any of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Marc MacSharry: Okay. And that's better or worse, do you think?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Marc MacSharry: I just ... I wasn't clear, so I'm asking it again.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Marc MacSharry: If competitiveness got in the way, the practice became, "We'll leave the valuation out"; would that be-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Marc MacSharry: All right, okay.
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: At the outset I must declare an interest as an estate agent. I have been involved in buying and selling property in the past. I welcome Mr. Moran and thank him for his presentation. If I were to commission his firm and nine other property valuing companies, would I be likely to get the same answer from all ten?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Why is that?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Is it fair to say that there are bounds within which there is no wrong answer?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: What kind of percentage?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: If Mr. Moran was commissioned to do a valuation by a developer, a bank or anybody else, would he accept a client brief in advance?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: If I was developing company A, I was buying site B and I wanted bank D to finance that, would Jones Lang LaSalle prepare the valuation that would be required to assist me in securing 70% finance on that?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Within the bounds of no wrong answer, would it be Jones Lang LaSalle policy to focus on the higher end of that 5% threshold rather than the lower to facilitate the developer in that instance?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: What determines that?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Was Jones Lang LaSalle above reproach in that regard?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Did Mr. Moran ever prepare in an application process for a major syndicate for finance of many hundreds of millions of euro?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Preparing to purchase?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Would that be in the €200 million to €1 billion category or lower?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: Mr. Moran mentioned in his testimony earlier that syndicates came together to purchase property which, if I am quoting him correctly, he stated were out of reach of the individual. Is that correct?
- Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)
Marc MacSharry: As a result of properties being out of reach of individuals, is it Mr. Moran's view that syndicates came together so that they could afford this or to increase the potential of leverage for less collateral from the individual?