Results 1,421-1,440 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Thank you. I call Deputy Pearse Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Can I just come in for a second ... just for legal ... I would be advising you not to be identifying any individuals, Mr. Aynsley, at this point.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: I would be advising you not to be identifying any individuals in this regard.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Perfect, thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: It just might be now, so-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: I've had my own errors today, Mr. Aynsley, so you're okay but I'd ask you to revert back now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: You're getting a bit more specific here, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: I will bring you back in again in the wrap-up. I'm moving on. Senator Michael D'Arcy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: I just want to deal with one question, Mr. Dukes, and Mr. Aynsley can come in on this as well if you wish after Mr. Dukes has answered. You spoke about the ten-year, sort of, wind-down approach to IBRC and the kind of cost-benefit analysis of that and so forth. Maybe if I could ask you to elaborate a bit further and maybe give some background behind the liquidation of IBRC as a device to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Okay, so do you wish to add anything to that, Mr. Aynsley?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: No, that's fine, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Okay. And just to clarify, because the ... there was liquidation of IBRC with emergency legislation and one would envisage that that all didn't happen in one day, that there was preparation for that legislation over a period of time, were you, at any time, informed that there was going to be liquidation, and, as directors, if you had sight of that or with the roles that you had in the bank,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: All right. With the business plan that you were proposing, with a ten-year wind-down, what would have actually happened with the promissory note?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: For how long?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Ciarán Lynch: For how long?