Results 1,701-1,720 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: No. Okay. When you turned up the night of the guarantee in Government Buildings, with your chair, who had invited you to that meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Can I just refer to a letter ... to a meeting that took place on 18 September. This document is already in the public domain, but not in your core book, but it was a meeting that Michael Somers John Corrigan, Brendan McDonagh, Kevin Cardiff, David Doyle, John Hurley, Tony Grimes, Brian Halpin, Jim Farrell and Patrick Neary all attended. And, at this point, the conclusion that John Hurley...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: It seems like a piece of advice that wasn't followed.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Okay. Given the level of crisis that was occurring at this time, how much, if any, contact did you have with European institutions, with the ECB, with anybody in Europe yourself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Were there contacts happening?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: But not in Europe?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: You mentioned earlier when Deputy Phelan raised the matter of the NTMA getting involved with meetings because there was a perception about the Department of Finance being concerned about the Central Bank, and you said yourself that you felt that there was some concern there. And you said, I think - forgive me if I'm ... haven't got this correct - that there were several meetings at Farmleigh...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: You might just elaborate for us what that was about?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: About what time period we're talking about.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Did you feel, coming up to the night of the guarantee that the regulator's office, if you like, was now somewhat slightly detached from what was happening?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Do you feel your advice, your Financial Regulator's advice, was heeded, if, indeed, you gave specific advice? Do you believe your advice was heeded on the night of the guarantee, or do you feel other people had already made the decision?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Can I ask you then - in your own statement on page 18, you say when you arrived at the meeting you say various things, "Mention was also made of the fact that the two larger banks had sought a guarantee for their deposit holders from the Government earlier that afternoon."
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Now, when we asked the banks, that's not ... they said they had asked for the meeting in order to tell the Government about the gravity of the situation because of the problem with Anglo.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: They never said they had asked for a guarantee for their own depositors. So perhaps you could elaborate for us?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Oh yes, absolutely.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: But did that-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Sure. But did that then form, as you sat around in that first portion of the meeting, did that form part of the conversation, that those two banks, the pillar banks, also needed to be guaranteed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: It was to the fore?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: For all of the banks at that stage?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Susan O'Keeffe: Okay, just clarifying ... I'm sorry, Chairman ... just clarify that for us because we are ... we have constantly been confused about this. I think you said earlier on that a consensus-----