Results 11,981-12,000 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Was it a meeting between Professor Ahearne and the Minister or a group discussion?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: How long did that meeting last?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: What was the purpose of the meeting?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Did Professor Ahearne find it odd that he had been invited to have a meeting with the Minister at that stage?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: What was Professor Ahearne's impression during that meeting? Did he believe the Minister had an accurate picture at that point of what was happening in the banking system?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: If I am correct, Professor Ahearne spoke in particular about the prospects of Anglo Irish Bank and Irish Nationwide Building Society. Does he recall if he or the Minister raised the issue of those two banks?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Was the issue of potential bank failure discussed?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Was nationalisation or a guarantee mentioned at all?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Moving on to September, on 14 September, Professor Ahearne wrote an article in the Sunday Independent. He was talking about the banks and he said that the information they had been releasing about the quality of their loan books did not always square with anecdotes about potentially huge losses associated with land purchases and unsold developments. To what extent did he understand then the...
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: However, Professor Ahearne took the anecdotes seriously enough to make him question the information that was being released by the banks.
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: From the information Professor Ahearne had, were there any indications at the time about risk of insolvency in the banks?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Professor Ahearne met the Minister again at the Fianna Fáil parliamentary party think-in on 15 September 2008, and he wrote that the Minister mused whether it would be possible to knock over two dominos without knocking the other four. That was his expression.
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Professor Ahearne assumed he was contemplating the closure of Anglo Irish Bank and INBS but was concerned about the knock-on effects.
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Why does Professor Ahearne think he was contemplating this at that time?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: I think Professor Ahearne said that he got the impression he was exploring a wide range of alternatives. Did he mention any alternatives to Professor Ahearne in that discussion?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Does Professor Ahearne think his thinking may have changed at all since Professor Ahearne's previous meeting in August?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Did Professor Ahearne speak again before the guarantee was brought in?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Did Professor Ahearne speak in the period immediately after it?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Professor Ahearne did respond to the decision on the guarantee with an article in The Irish Timeson 1 October 2008 which documents Professor Ahearne's reaction well. Other academics had a different reaction. What is Professor Ahearne's position now on whether the guarantee was a well-designed policy versus Professor Ahearne's position at the time?
- Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)
Eoghan Murphy: Did Professor Ahearne discover subsequently why it was included?