Results 15,881-15,900 of 26,043 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: But, but Mr. Bruton, looking at page 78 of your budget manifesto, current spending was running ahead of, of growth over the years proposed. Can you explain why that was the case? Against the background of construction taxes, did you have concerns that construction taxes would fall?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: What did you project nominal growth at at the time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Then a final, final question-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: You realise Mr. Bruton, I have, I have limited time-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: -----and the Taoiseach, I want to bring in as well. Did ye build contingencies into the budget in terms of fall in taxes from the construction sector?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: At what level?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: So, was ... ye were looking at a reduction in current spending over the period?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Spending on a growth, spending on a growth rate?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Okay. Can I ... in your witness statement, Taoiseach, on page 6, you make reference to the excessively close relationship between the Central Bank and the Department of Finance at the time, and between the Financial Regulator and the institutions it was charged with regulating. My colleague, Joe Higgins, referred to it, affectionately as “Siamese twins”. And can you clarify...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: And Taoiseach how was ... in the limited time I have, how is the situation different now? Like, you speak about the situation then. How is it different now? How is it improved?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Taoiseach and Minister Bruton, if you had been elected as Taoiseach in '07, Mr. Kenny, what would you have done differently in terms of dealing with the banks and the bank guarantee than was done by the Government of the day?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: And, Mr. Bruton, in terms of the approach to the banks, in terms of the guarantee itself, what difference, looking back now and reflecting on your period in Government, what different of an approach would Fine Gael in Government have taken in terms of putting a bank guarantee and the approach?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: And finally, Taoiseach-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: In ... what assurance can you give to the public that the measures that have been brought in will ensure that a banking crisis doesn't happen again in Ireland and that we don't have a property bubble for the ordinary person-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Deputy Rabbitte, in page 3 of your statement, you conclude that by saying, "In the narrow area of effective scrutiny of the banking sector, if the structures had existed and if the opposition had known the pertinent questions to ask, the government wouldn’t have been able to answer them because the government didn’t know there was a crisis until it was too late." To what extent...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: I'm putting that, Chairman, okay. Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Do you think people knew? Do you think people knew that the banks were insolvent? Within the system.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)
Kieran O'Donnell: Right. The monoline banks, do you believe people within institutions, within Government were aware on the night of the guarantee that Anglo was insolvent?