Results 16,241-16,260 of 26,050 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: Who was in ... who was on the inner circle?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And who would he normally ... when you say ... that would be with the Minister for Finance, is it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And the Taoiseach. And how did you find, in terms of your interaction with the various bodies, what did you feel was the contingency planning and the level of understanding by the Central Bank and the regulator of the state of the balance sheets of the banks?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: We had former Taoiseach Brian Cowen in before us and he said, on the night, that his advice was taken from the Governor of the Central Bank, that was the supreme advice he took on the night. Do you feel, from your knowledge, do you feel that they had a full handle, or not, on the state of the banks on the night of the guarantee?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And when the times were good, did they ... were you ignored?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And before the direction was issued by the Minister for Finance, in terms of directing you to put funds in the banks, was there ever a situation where previously such a direction took place?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And when you, we'll say, you got the direction in 2007, late 2007, December, and then furthermore on ... in June 2008, in terms of being directed to put money in the banks, when you said to the Central Bank and the Department of Finance at the time that it was the role of the ... of the Central Bank to fund the banks, rather than the National Treasury Management Agency, what was the response?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And the reaction you got back was ... is it that they were afraid to go to the ECB on it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And you spoke about going to Trichet. Why did the Governor of the Central Bank accompany you to meet Trichet?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: How did it arise that you were asked by the Minister for Finance at the time, was that------
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: Brian Lenihan asked you, yes. How did it come about then that the Governor of the Central Bank-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And did he pick up the phone and ring you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: You mean you met at the airport?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And what was the sense of the meeting when you met Mr. Trichet? Like, what was the ... were you all in the room together?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And how did the meeting go? What was the-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: If you ... if ... final question, really. If you were asked for your advice and you were around on the day of the guarantee, taking all factors into account, what type of configuration would you put on the guarantee in terms of timeframe, in terms of structure?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: And do you think if you had-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: If the decision had been: what mechanism could have been put in place to defer, we'll say, the substantive decision until the following day?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)
Kieran O'Donnell: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
Kieran O'Donnell: Thanks, Chairman. Mr. Cowen, say in the previous, we'll say, period in '07 and '08, you were ... and even prior to that, you were getting warnings from the Department of Finance officials about the exposure to the property market and could I make reference to document DOF 01962002? It's Vol. 2, Department of Finance. And it specifically relates, Mr. Cowen, to a memo from the domestic...