Results 1,741-1,760 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: But the regulator-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: But the regulator's side would have surely reported this to the bank's side in the ... no?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: You didn't know?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Okay. So, going back again if I may, in my last bit of time, go back to the minute that we discussed earlier. How ... what other way can you describe what that means? If institution X could be €2 billion after capital and institution Y could be €8 and a half billion after ... what does that actually mean then, if it's not suggesting insolvency? What does it actually mean?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: No, I understand that, Mr. Grimes, because you said that earlier, but the point is, what do those figures mean then?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: You don't-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Do you then ... finally, do you believe that the banks, all of them, were solvent on that night when that guarantee was agreed by all the people sitting round at that table? And was the ... can you recall whether the NTMA was present at any of those meetings in Government Buildings that night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: There's two parts.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Sorry, say again, Mr. Grimes?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Were the banks solvent, in your view?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Thank you, Chair. Ms Burke, at what point did you begin to be concerned about the liquidity of the Irish banking system?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: And so, as things escalated, do you recall a point at which it became more urgent than it had been previously?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: And then, if you like, we saw it all, if you like, unravel, unfold, right all the way through until September, in terms of banking and the banking system in the country. Is that a long time or a short time, that many months? Because it's very hard, I think, for members of the public, when we talk about millions and billions and loans, to know ... you know, if I have a crisis in my own bank,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Is it the case that when banks are illiquid or there's a problem with liquidity that there is always a risk to solvency, or is that ... is that a fair or an unfair statement?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: In that period of time that we ... that you've outlined, sort of maybe April, May, June, do you recall whether then at that point the issue of solvency and liquidity were being talked about at the same time, being talked about together, or was the focus entirely and solely on liquidity?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: Yes, it's okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: We'll help you. So in 2006, when you became head of that department, the banking supervision department, was there enough evidence about ... at that point building up of the shortcomings in lending and other controls with banks that you could see systemic risks were building up, or not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)
Susan O'Keeffe: You say in your statement, written and verbal, that you were ... that there was a shortage of people ... actually, of resources for ... in your department to supervise and you talk about the expertise ... available specialist expertise is on page 5 of the written statement. There was not enough ... "available specialist expertise was not such as to be capable of delivering intrusive...