Results 17,121-17,140 of 26,053 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: In the limited time I have, Mr. Grimes, what was the general policy around saving or not saving banks in terms of any bank ... no bank to fail, in terms of the approach from the ECB?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: So you'd no specific discussions with the ECB in your tenure around how to ... the approach on the Irish banking situation?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: What would ... what was your interaction with Government during your time, tenure as Governor of the Central Bank-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: -----on the same issue, in terms of the bank situation and giving advice in terms of a potential bank guarantee and so forth?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: When you say the intensity, what was generally the ... the general-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: And what do you think? Do you believe ... What was the ... the defining moment in terms of the banking crisis for Ireland?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: Now, are you ... you were present in Government Buildings on the night of the guarantee, Mr. Grimes, is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: What meetings were you present at?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: Were you asked for your opinion, Mr. Grimes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: What view would you have given on the night, Mr. Grimes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: And was that in respect of ELA funding?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: So what type-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: ECB funding?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: And were you taking major discounts on the ... on the collateral at that time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: And what level of ... of discount are we talking about on ... on the collateral being offered, the loans being offered?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: Had that been going on for some time, Mr. Grimes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: No, both the size in haircuts and how long had this type of haircut been in place for collateral being provided for the ECB for funding.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: I accept that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: The question ... the question, I suppose, I'd like to know is that, how long would that ... had that type of haircut been ... been posed on that institution with the ECB, in terms of funding from the ECB?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Kieran O'Donnell: And that's obviously one institution that ... am I at liberty to name, Chairman?