Results 18,201-18,220 of 26,053 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: In fairness, forcible write-downs?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: Good?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: There was enough evidence available on the night of the guarantee, with the Merrill Lynch report forming the backdrop for-----
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: I will ask the question again.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: Based on the evidence that was available in the Merrill Lynch report, which formed a basis for discussions on the night of the guarantee, what is Professor Honohan's professional opinion on what should have been done with both Anglo and Irish Nationwide on the night of the guarantee?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: I thank Professor Honohan.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: We will have to meet next week.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: Returning to the Governor's witness statement today, I have two interlinked questions. Is it Professor Honohan's professional opinion that the type of guarantee put in place was such a belt and braces guarantee that it precluded a liquidation taking place quickly in terms of Anglo Irish Bank and Irish Nationwide Building Society?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: Second, if the then Government had gone with an option of putting emergency liquidity in place, how long would it have been before it and the authorities of the day would have been in a position where they would have been able to make the decision to liquidate Anglo Irish Bank and Irish Nationwide Building Society based on the evidence available? That is the key question.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: I wish to ask Professor to clarify the position on the question I am asking.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: It is not. It is the same one.
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: Is it correct to say the type of guarantee put in place ruled out the possibility of liquidation of Anglo Irish Bank and Irish Nationwide Building Society being a tool for the State?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: The Chairman should just ask me-----
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: What date is on the letter?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)
Kieran O'Donnell: Will the Governor reiterate what was in it for the record?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Kieran O'Donnell: I welcome Mr. Carswell. I wish to clarify something. Page 218 of Mr. Carswell's book refers to the night of the guarantee, when bankers from AIB and Bank of Ireland were in the discussions. Mr. Carswell said that the two banks thought the money would only be needed for the short term as the bankers were led to believe from the discussions that night that Anglo Irish Bank would be...
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Kieran O'Donnell: In Mr. Carswell's discussions with the banks, and obviously there is the issue of confidentiality, did the issue of nationalising Anglo Irish Bank specifically come up for discussion during the discussions with the Government on the night of the guarantee? When they met in Government Buildings did the nationalisation of Anglo Irish Bank come up for specific discussion?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Kieran O'Donnell: In respect of the discussions Mr. Carswell had with the bankers, did they leave on the night of the guarantee with the distinct impression that Anglo Irish Bank was going to be nationalised the following weekend?
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Kieran O'Donnell: Mr. Carswell stated specifically in his book that the two banks were led to believe from the discussions that night that Anglo Irish Bank would be nationalised the following weekend. It is a critical point in terms of the guarantee. Obviously, we are getting evidence from many people appearing before the committee. In Mr. Carswell's view, was the distinct impression given that it would be...
- Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)
Kieran O'Donnell: At that time there was the issue of solvency, particularly with regard to Anglo Irish Bank and Irish Nationwide Building Society and obviously for the other banks as well. Given the fact that they were considering nationalising Anglo Irish Bank, clearly that gave some indication of issues with solvency. There is a very narrow edge between liquidity and solvency in terms of a rapid run on...