Results 1,561-1,580 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Yes, okay. I think I heard you say earlier on that you ... if you like, you would have preferred an organisation that was a little bit more ... what was the word you used ... a little bit more dynamic?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: I think that was the word you might have used. Did you find that ... that there was a mismatch, if you like, between your own expectation, perhaps, when you took up the post and when you realised then what the organisation might have been like, that it was less dynamic than you might have imagined?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Because you say actually, on page 2, you say, "...the culture, which in my view was generally hierarchical, deferential, cautious and secretive", so they're four quite strong words. Of those would you have ... were any one of those more ... had a greater impact than any of the others, or were they collectively creating a kind of culture?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: And wasn't, perhaps, allowing things to be heard either. It would have been-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: But the secretive aspect, perhaps, also, is that something you'd like to dwell on?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Well you've used the word yourself.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Yes, and I notice, and forgive me Chair, because I thought actually this was in the book for Mr. Patterson; it's actually Mr. Neary's book, but ... and if it isn't familiar you can, of course, stop me. It actually relates to the interim financial stability report to the board of the Central Bank in the first half of 2006. It says, this ... this document, this is one of our accumulated...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: So, if this kind of information was available to you at this time, why then .. and it goes back to my colleague, Deputy McGrath was saying earlier, how ... how was it then that this really wasn't becoming available in an emphatic a way as it might have done, even if it couldn't to the public, but privately among the people who really needed to know.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: It's the-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: It's called the Interim Financial Stability Report to the Board of the Central Bank in the First Half of 2006.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: And do you think that that slowness to act extended all the way through 2008? I appreciate you had been ill and you weren't there but I'm ... you would have more than a grasp of what had gone on. Because looking at it now, as we are, there was a lot of knowledge accumulating ... yet nobody ... everybody was sitting on their hands waiting for something else to happen, it appears. So, was...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: And, again, the public might expect the Central Bank in all its guises to be more urgent and to act more quickly. That's a reasonable thing to accept.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Again going back and I raised this morning the idea of the financial institutions funding the Financial Regulator. What is your view of that relationship?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: And was regulatory capture avoided in your view by that system or would you say?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Would you just like to clarify before I finish?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Was that deference apparent to you when you were the chair?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Do you think maybe you were deferential to the banks then also?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Susan O'Keeffe: Okay, thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)
Susan O'Keeffe: Thanks Chair. Ms O'Dea, can you comment on the initial State investment of €4 billion in June 2009 into Anglo, compared with the eventual total injection of €29 billion?