Results 16,381-16,400 of 26,050 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Would you be kept informed of what was happening in the domestic standing group?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Would you have received the minutes of the domestic standing group as Minister?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Well, then, were you aware of the difficulties with the Quinn Group itself and maybe the exposure in terms of jobs to the Quinn Group? Both in terms of the ... it was heavily leveraged the ... the bonds to be replenished in later 2008 ... was that ... were you aware of that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Well, that was then. I'm talking about in the first half of 2008.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Yes, no, but the domestic standing group were considering in depth the whole issue around Quinn, both in terms of the unravelling of the shares and also in terms of the possible implications for Ireland as a country in terms of the exposure, both in terms of the contracts for difference for Quinn and also in terms of that they were heavily leveraged. They had bondholders in the US and the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: The question is: were you aware of that? Were you advised by the officials in the domestic standing group particularly in relation to Quinn, not just the contracts for difference but the wider implications in terms of the group itself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: But so were you aware at that stage in early '08 that there was difficulties with the Quinn Group itself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Can I go back to the last budget you put through, which was the 2008 budget, which you would have put through in December 2007? Do you believe in line with the fact that, we'll say, stamp duty from property tax was ... had gone down in '07 by 20% and it collapsed heavily in '08 went down by nearly over 50%, should you have adopted a less expansionary budget for 2008 where you increased...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: What would you have done differently with it, if you had the chance?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: In what areas?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Kieran O'Donnell: Okay, thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: Welcome, Ms. Nolan. In January 2009 a meeting with the Department of Finance, the Central Bank and Financial Regulator and the NTMA took place to discuss the nationalisation of Anglo. And this is coming from Vol. 1, page 37 to 52, and Vol. 1, page 55 to 57.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: No, your own.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: Ms. Nolan, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: Fifty-two, and then following on to 55 to ... 37 to 52, about the recapitalisation of Anglo. At 55 to 57, about the nationalisation of Anglo.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: So please comment on what occurred between 8 January 2009, which is page 37 to 52, when the Government ... Irish Government formally notified the European Commission that they would be recapitalising Anglo to ... on 15 January, just over a week later, when you announced ... when the Government announced they would be nationalising Anglo instead. What led to the change of decision and what...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: What date was that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: To do due diligence on Anglo.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Kieran O'Donnell: What date would that have gone to the European Commission, Ms. Nolan?