Results 1,821-1,840 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: No, no; all the banks.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: All right but-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: I was just wondering whether it had been shared-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: That's all I was trying to clarify, Chair.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Thanks, Chair. Mr. Hurley, did the Central Bank ever assess worst-case contingency scenarios of a systemic bank failure?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: And even after Northern Rock had failed and, you know, we were much more acutely aware of what might happen, did that cause you to revisit?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: If we look, Mr. Hurley, if you like from sort of the end of November '07, we know that the Financial Regulator, for example, had been meeting with the various institutions to discuss their liquidity contingency plans. We've heard that. We know that assessments were being made of key loans at five banks. We know that INBS had particular financial instrument debt, if you like, of €7...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Even though-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: But all of these banks that were troubled at home, these were all actually exceptional circumstances and, in an Irish context, for that many banks-financial institutions to be in trouble simultaneously in a small country, how come it didn't cause the Central Bank to act more quickly to calm things rather than wait for it to accumulate into that single night when it all went-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: -----into the air?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: How could it not accumulate, Mr. Hurley, if ... if the ... in the size of the country, if you have so many institutions saying, "We're in trouble, we're in trouble'', in all kinds of different ways.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: No, but we're not interested in everywhere, we're just interested in Ireland.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: But, Mr. Hurley, you were the Governor and you had your team and there was the Department of Finance ... lots of specialists ... you know, people with years of experience in banking ... years of experience in all kinds of ways and yet, for the first time ever, in your collective lifetime, all of these institutions were in trouble in parallel, simultaneously and no one said, ''Mmm, why don't...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: But they were already deteriorating-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Sorry.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Do you know, Mr. Hurley, why all the banks were not represented in Government Buildings that night?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: You said to one of my colleagues that you knew you had to be in Government Buildings that night but ... but ... were ... did you know you had to be there because they had asked for the meeting?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: Was the meeting organised by someone else?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)
Susan O'Keeffe: But these guys just pitched into-----