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Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Why not?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Let us consider the property supplement of a newspaper. Another newspaper was before the committee. The representatives said that their property supplement was a commercial vehicle by which to sell advertising, which made up 65% of the supplement. Can the same be said for The Irish Timesproperty supplement? Is it a commercial vehicle to sell advertising?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Does Ms Donovan believe a person reading the property supplement can make the distinction between editorial and advertorial when there is a paid-for ad on the back page for a property that is for sale and a front-page glowing description of that same property, its unique features and why it is worth the value that it is worth?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Is Ms Donovan referring to the quality of content versus content elsewhere?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Does Ms Donovan believe similar content in other publications verges towards advertorial?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: The placement of a particular property-----

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: What is on the front page bears no relationship to the fact that advertisements have been bought in the same supplement. Is that the case?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Perhaps, but is it news?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: That is different, because of the political connotations of that particular property.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: It is not news that a particular property might have a lovely view of Dalkey bay. That is not news.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Forgive me, but not every house being sold is being sold by a celebrity.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: My thanks to both witnesses for attending today. I wish to follow on from Deputy Doherty's questions about "Morning Ireland". I suppose that interview by the Governor, Professor Honohan, is an important moment in our history. Some would argue that it was in the public interest but others argue that it was not in terms of the timing. Are there internal controls in "Morning Ireland" or in...

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: They did not escalate it. Is that the case?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Was Mr. Mulhall concerned that he had not been notified of it?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Mr. Mulhall was subsequently informed about the seriousness of it.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: It was incredibly significant though.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Would people have contacted Mr. Mulhall and the editorial team on another issue but not on this one?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: I understand if things are moving quite quickly one does not have the opportunity to reflect.

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Is Mr. Mulhall aware of criticism from certain quarters that the timing of the announcement was not in the public interest?

Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)

Eoghan Murphy: Did anyone from a Government department or any senior Government sources contact Mr. Mulhall to clarify why they perhaps were not being straight, for example because of certain sensitivities?

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