Results 16,241-16,260 of 26,043 for speaker:Kieran O'Donnell

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...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: -----Irish taxpayers?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: I suppose the main question I have is why, on the night of the guarantee, wasn't there an actual plan, a formal crisis plan, in place for months before? Why ... you said earlier that you didn't know what you were going to do until you had that meeting and you were briefed, but why-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: But there you were-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: Well, then can I ask ... you're on record as saying last week that Kevin Cardiff was the expert in the Department of Finance on banking. You had the expert, Kevin Cardiff, you had the Minister for Finance, both saying ... who were effectively your men in charge of the whole finance-banking area, saying that they wanted to nationalise Anglo. Why did you overrule them?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: But ... but in-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: -----in layman's terms, you did overrule the Minister for Finance?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Kieran O'Donnell: Or not?