Results 1,561-1,580 of 4,414 for speaker:Sean Barrett
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Sean Barrett: Did you find regulatory compliance reluctance or reluctance to comply with the regulator in relation to sectoral concentration and in relation to loans to deposits, that the regulator's wishes were quite frequently ignored or disputed? Did you find that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Sean Barrett: I'm sorry to interrupt you there. And the concerns of Jim O'Leary, who is a very eminent economist, as early as 2004 about the sectoral lending by the bank, was that brought to your attention?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Sean Barrett: You said you were relying on the ESRI and the IMF, the Central Bank and so on, if you like, the wrong people, as it turned out, so Mr. O'Leary's advice was bypassed in favour of the group that you did rely on.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Sean Barrett: Thank you, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Sean Barrett: That ... its merely in the context he was a board member and I won't raise it any further. Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Sean Barrett: And I'd like to thank our two visitors and thank you, Chairman.
- Seanad: Cultural Institutions: Motion (13 May 2015)
Sean Barrett: I welcome the Minister. After a day down in the dungeon dealing with bankers and accountants it is wonderful to be in this beautiful room discussing cultural matters. We are fortunate to be here in the building that was once the RDS cultural centre and where the art college was located. We have the National Gallery, two museums and the National Library beside us. Many people throughout...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Thank you very much and welcome to our visitors this morning. The chairman of NAMA, when he was here on 22 April, he said that an unexpected cost to NAMA was incurred due to the remedial works that had to be carried out as a result of the poor construction with many of the building projects that went into NAMA. Does the federation have anything to do with that particular problem?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: I think it was in your time, or Tom Parlon's-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Could we look, Chairman, at the core document on page 27, and it's a representation made by the CIF in relation to NAMA in 2009, and it says, "Verbal Representation[s on] ... Undertakings given by banks to borrowers must be enforceable against NAMA". Isn't that the opposite to what you've just been saying? You know, that we have to get this industry more professional, and we're saying, no,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Thank you. We have estimates that since 2009, the fraction of a typical household disposable income needed to cover the cost of a newly built family home has gone from 25% to 40% and that in the same period, 2009 to 2014, the price of a three-bedroom semi-detached house rose by almost a third. You know, does the construction industry have a problem with, you know, the burdens it's imposing...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Thank you, Mr. Parlon. And just the last point ... and thank you, Chairman, on page 171 of the core document, we have the sentence, in your submission in 2005-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: I will, thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Yes. Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Yes. "Taxation incentives may already exist", and you mention five categories-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: Paragraph 5.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: And then you describe five of those, and you say, "Where this is the case", that is, where you say, "Taxation incentives may already exist", they "should be retained and, where required, enhanced". Wasn't that inflationary to ... you know, in the market at the time, to ask for more of those incentives? Houses prices were rising rapidly, and it was eventually to bring down the entire country...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: -----or not, as the case may be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Sean Barrett: So I'll direct it to Mr. Kelleher then, if I may.