Results 16,361-16,380 of 26,050 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Mr. Cowen, he said as well that ... that you had semi-annual meetings between yourself and the chair and the CEO, Mr. Neary, of the Financial Regulator. And that apart from the credit union issues, no prudential issues with the retail banks were ever discussed, no requests for more information about prudential issues were made ... were made by you, as Minister. Can you elaborate and explain...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: But-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Was it just coming from one direction, in terms of-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Minister-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Can I ask you a final question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: You had the Department of Finance, because David Doyle has said in the briefing note that he was explaining that there was major overheating in terms of unsustainable taxes in the property sector. The Financial Regulator were regulating the banks. In your role as Minister for Finance, did you not think it incumbent upon you to bring it up with the Financial Regulator that there was concerns...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Can I ask another question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Thanks, Chairman. Was there an imbalance created in the ... in the structure ... the financial structure of the Irish economy during your period as Minister for Finance, where, effectively, construction took over from exports as the main driver of the economy, where we had double digit growths in exports up to 2000 and really, from thereafter, there were single digit growths?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Did the wage demand-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Did the wage demands in the construction sector bring about lack of competitiveness in the export market?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Was ... was the eye taken off the ball in terms of the export side of the economy ... we'll say, more towards the construction side?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: LL03400 type: 1 --> That was-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Can I go to Vol. 1, page 150, Chairman, please? Page 150, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: And it's dealing with the response within the Department to Morgan Kelly's article in December 2006. So it says: We must be careful that we do not over-react to the current easing from the very high levels of activity. House prices have fallen back slightly in recent months, although prices still remain above their levels this time last year. I share the views of most commentators that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: -----what was your reaction? What was your reaction within ... both for you and within the Department, and your ... what was the basis of your response to his article?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: What was your own reaction to the article when you read it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Mr. Cowen, can I go back to the issue in terms of the Quinn Group and the contracts for difference and you received a phone call from Seán FitzPatrick I think around the ... was it 17 March '08? Now, the domestic standing group in the Department of Finance and with the Central Bank were considering the issue of the contracts for difference and the overall Quinn Group in early 2008. I...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Correct.