Results 18,341-18,360 of 26,053 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: With due respect, Dr. Donovan-----
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: With due respect, Dr. Donovan-----
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: Dr. Donovan had been at the IMF for 30 years.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: Dr. Donovan makes reference in his report to the issue of the commercial property bubble.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: This is in page 4 of the report. Does Dr. Donovan believe that if there had not been a commercial property bubble, then there would have been no requirement for a bank guarantee or a bailout programme for Ireland?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: It will be referred to in the next question.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: Does Dr. Donovan believe there would have been-----
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: Could we have avoided a guarantee if that was the case?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: I am asking about it in hindsight.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: Could we have had a soft landing?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: I will move on to Dr. Donovan's book. There is a reference on page 9 to the bank guarantee. The book by Dr. Donovan and Mr. Murphy deals extensively with the bank guarantee.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: I am referencing page 9 in the statement, but it is in the book as well. Dr. Donovan stated, "Contrary perhaps to what is sometimes said, it appears from this table that the coverage of the Irish guarantee was not that radically different from that contained in several other earlier guarantees". Then, subsequently, in an article in The Irish Timeson 5 October, Dr. Donovan said that the...
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: They are all interrelated.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: This is my last point.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: In the book on the late Brian Lenihan, Dr. Donovan referred to Professor Honohan. If Timothy Geithner had not objected to the burning of bondholders, would Europe have proceeded to burn them and would this have been of benefit to Ireland?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: I was quoting directly from the book.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: The report which Dr. Donovan was involved in compiling references Professor Honohan. The latter appeared before the inquiry recently and expressed the view that the possibility of allowing Anglo to fail should have been considered. Is Dr. Donovan of the view that the Financial Regulator and the authorities should have been aware that Anglo was insolvent on the night the guarantee was introduced?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: In Dr. Donovan's view - knowing all the facts - would it have been reasonable for the authorities to have been aware that Anglo was insolvent on the night the guarantee was introduced?
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: Dr. Donovan indicated that he felt Anglo Irish Bank should not have been allowed to fail and he referenced the report of Professor Honohan and his team, of which he was a member. Professor Honohan has subsequently come before this committee and has stated that in his view, there should have been strong consideration of allowing Anglo Irish Bank to fail.
- Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)
Kieran O'Donnell: He said his view was -----