Results 1,341-1,360 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: It is.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Sorry, I have a document here called the "Government Decision to Safeguard Irish Banking System". I'm sorry, it's come out of its original placing, but it's the one that was given to us as the press release that was given, in which he talks about, "The guarantee will cover all existing aforementioned facilities with these institutions and any new such facilities issued from midnight on 29...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Well, TAB AN and TAB AM are the two drafts that Mr. Beausang refers to. Unfortunately, this must have ...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Sorry, this one has appeared in a million different books.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: It doesn't have one, I don't have it, I'm sorry. But the substantial difference seems to me that in your draft there was a six-month recommendation for the guarantee, and by the time it got to the final document it was two years.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: That's the only substantial difference, everything else is the same.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Okay, well we'll have to agree to differ. Anyway, there is only one draft, that's clear; there wasn't----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Right, okay. I've one last thing if I may put to you there, please. Mr. Daly, when he was giving information to the Wright report, Frank Daly, and this reference is the review of the Department, the Wright document. He said: With regard to the Department's response to the crisis, there was quite late engagement. The Department relied on the Financial Regulator and the Central Bank and...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: And the solvency question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Chairman, can I clarify?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: On page 10 of your own statement you say, "In September 2007 I initiated work on a detailed scoping paper on financial stability which was formally furnished ... in February 2008" and you say "[TAB Z]" and that is TAB Z.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: That's what he's talking about.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: Yes, that's what he's talking about. So, you initiated it.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)
Susan O'Keeffe: 2008.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Susan O'Keeffe: Thanks, Chair. Mr. Cardiff, why did you write that large statement that you gave us and when did you write it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Susan O'Keeffe: So it's not a contemporaneous document from 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Susan O'Keeffe: Can you explain why a lot of the documents over that ... over that month of September, a lot of the official contemporaneous notes are so short and so bitty, with single sentences and words rather than more detailed minutes? Was there a reason for that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Susan O'Keeffe: So you were dead on your feet and nobody thought to bring somebody in, perhaps who wasn't dead on their feet, to take a correct contemporaneous minute of what happened at such a crucial time. Is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Susan O'Keeffe: No, I wasn't suggesting that, I was suggesting, perhaps, it never existed.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Susan O'Keeffe: In June 2008, and, again, it's not really that you need it, but Vol. 2 of the Department of Finance, page 52. It's quite clear from that document ... Irish bank shares were falling, the number of banks remain on negative rating, everything was very unsteady and uncertain. And you'd accept, I take it, that by June things were in a precarious state. Would that be fair assessment?