Results 16,921-16,940 of 26,050 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: -----who had no bank regulation experience?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: So did you not think of getting an independent review of the CEOs in terms of people that would have bank regulation experience?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Okay. Can I deal on a number of things. What is your view on, we'll say ... do you believe that the bank, the Financial Regulator, had sufficient powers to take direct action against banks during your tenure?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Like what?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: It's kind of become a bit of an echo-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Okay, but it has become a bit of an echo.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: I suggest you should have listened.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Why didn't you do it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: And what was your view on contrarian views like Morgan Kelly at the time? What was your view-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Yes. That were saying there was major problems at the time as early as 2006.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: You're on record as saying that you had issues with what Morgan Kelly was saying.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Do you not in terms of ... at a Kilkenny Chamber of Commerce do?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Did you not make reference to Mr. Kelly's comments?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Okay. Can I ... two quick things. You retired in April 2008 from the Financial Regulator as chair and a function was held a number of months later on 26 November 2008 in a hostelry close to Stephen's Green-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: -----hosted by the Irish Banking Federation

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: , which was literally just over two months ... less than two months after the bank guarantee, that the Irish taxpayer put €64 billion ... ended up at €64 billion. Was it appropriate for you to take up that offer to effectively attend a function, which in Shane Ross's book, The Bankers, virtually all the big bankers who had been there on the night of the guarantee, were present?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: I appreciate that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Glad to see you recovered well.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Was it appropriate for the Irish Banking Federation to be hosting a retirement do for the chair of the board that was regulating them?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: So you didn’t see an issue with it?