Results 17,921-17,940 of 26,053 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And who did ye ... and two questions: who did you communicate that viewpoint to? And why did ye express that viewpoint, that ye would not - on a prudence basis - ye would not extend additional funding deposits to Anglo or Irish Nationwide?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Why?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Was there ... did you at any stage at that time take the view that there was a solvency issue within the Irish institutions, namely Anglo and Irish Nationwide?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: It was more around that witnesses said ... that you would be-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: It's the solvency issue in 2008?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Do you believe that it was ... what information should have been available on the night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: No, but as a professional in the area, what information would you have liked to have seen available to make a decision?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: I suppose if it had come on your desk would you have considered solvency on the night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And you were sceptical in terms of solvency?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Thanks, Chairman. Can I deal with NAMA? I suppose I want to put a question to both of you. If Anglo and Irish Nationwide were not involved would there have been any need for NAMA? I pose that question on the basis that of the par values, Anglo and Irish Nationwide make up 58%, of the discounted values they make up 53%, of the top 29 of the borrowers they account for ... the top 29 account...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: I'm dealing, Chairman, with NAMA C4, Vol. 2.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: It's ... there's only a handful of pages involved.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: Really, what I'm referring to really is that it makes for very, very interesting reading that even on the security so ... when the security wasn't strong enough you took nearly €500 million back, and Anglo and Irish Nationwide made up 82% of that pull-back. So the question I'm asking really is, is that if Anglo and Irish Nationwide were not there, would there have been a need for NAMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: The point I'm making really ... that by NAMA being established, it crystallised losses of the order of 61% discounts in Anglo and Irish Nationwide at a time - and there is a direct correlation between our spiking of our sovereign debt cost and the establishment of NAMA - and the point I'm making really is if Irish Nationwide and Anglo Irish had been nationalised the night of the guarantee, is...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: What has been the level of debt write-off by NAMA since its establishment in terms of debts? Level of write-off?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: In total?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And the top 29 borrowers who made up 46% of the overall loans ... how many of those are still in NAMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: How many of those are being paid a salary by NAMA?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And, on average, what are they being paid?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)
Kieran O'Donnell: And how many of those are on over €200,000 or over €100,000 a year at the moment?