Results 16,861-16,880 of 26,223 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: This is a very, very important point for me.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Yes, fine. Apart from yourself and Minister Brian Lenihan, the late Minister, Brian Lenihan, was there anyone else in favour of the nationalisation of Anglo and Irish Nationwide on the night in the room?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Just you?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Mr. Moran, can I just follow up ... you made a reference earlier in terms of IBRC that when you came in that there was a change, you decided to propose to the Government that there would be change in the mandate of IBRC, which had previously to continue as a going concern. What was the change in mandate and when did you put that proposal and how did that manifest itself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: You took a proposal to the Minister which went to-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: But I suppose, in the limited time, what I really want to know is how did that ... did you ... was your proposal that Anglo would be wound down earlier?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: What timeframe had you in mind that IBRC would be wound down?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Well, then just two quick things.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Did you ... like, the other banks you were looking to wind the assets down over a longer period of time and the troika wouldn't push you on that, whereas IBRC was quicker, and could you, in terms of the reorganisation of the pro note, did IBRC have to be liquidated for that to happen?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: And ... and-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: On the promissory note.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Okay. Can you comment on the quarterly review meeting held with the troika and work programmes up to the end of 2013? Can you comment on the key difference in the rationale, including certain Government Departments overspending certain years, and, in that, can you say were there missed opportunities during the troika programme in terms of reforms for Ireland and Europe in your view, or not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Comment on the------
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Comment on the key differences in rationale, including certain Government Departments overspending certain years. It's basically during the troika bailout programme.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: 2013. That's it really, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Missed opportunities.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: Thank you, Chairman. Welcome, Mr. Moran. Sorry for detaining you. During his hearing in the context phase of this banking inquiry, the well known economist - we are talking about economists - Professor John FitzGerald said: There was a culture change in the Department of Finance in the last decade. It became more concerned about the politics of things and less interested in the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: He's talking over a ten-year period which really is from, I suppose, 2004-2005 on, which was the period in which you came back. You came back to the Department in 2003. We won't associate you with the change, right-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)
Kieran O'Donnell: -----but did you find when you did come back like, what's the ... like when your officials in the Department are ... in terms of their actual terms of reference and what they do, how much of a lead do they take from the Minister of the time and the political aspects that that brings as well, Mr. Moran?