Results 1,261-1,280 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: But should there have been something in the contract, Mr. Honohan, that would have prevented them? Or would that ... was it, in fact discussed and they wouldn't sign up to it because they ... and you needed them in a hurry?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Yes, can I just-----?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Finally, when you say that the focus on the night of the guarantee as being excessive, and you say yourself, in fact, that actually time should have been taken to allow for consultation. Is it not the case that because the time was not taken for that consultation that you refer to yourself, that, in fact, the guarantee, if you like, set us up, ultimately, for the bailout, so-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: We would not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Sorry, I wasn't trying to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: That leaves questions open then-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: In fairness that will eat into ... that was part of this morning's-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Yes, thank you, because obviously it does raise a question. Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Thank you, Chair, as a non-academic. In 2002, Mr. Honohan, you said you were observing about the change in legislation that created the division in the Central Bank and the regulator and you said, "The division of responsibilities contain the hazard of ambiguous lines of responsibility especially in the event of a systemic crisis." So, I'm just wondering whether now you believe that the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: In Vol. 3, page 13, there is a letter written to you by Mr. Michael Noonan, the Minister for Finance, and it refers to ... it's a letter about the IBRC and the prom note. What I just wonder is, it says: As you aware a proposal, to address these issues, has been prepared and presented to the Economic Management Council [EMC]. The Council has given approval for the submission of the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Of course not.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Okay, would you routinely then get letters of this kind?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Never?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Never since?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: So this was the one, okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Okay, fine. Let's go back to the BlackRock thing if we may. You kindly said you had checked-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: -----over lunch and you might just indicate what it is that you checked and then we can just go over.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: We can probably take your ... okay, when you are ready, in your own time.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)
Susan O'Keeffe: And just remind us, the contract that you had with ... the Central Bank had with BlackRock had was, I think you said it was you paid quite a lot of money, was it €15 million or €20 million did you say?