Results 1,941-1,960 of 4,168 for speaker:Susan O'Keeffe

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Thank you, Chair. Mr. Crowley, in the remuneration report for the Bank of Ireland in 2001- 2002, it says you were paid €247,000 for your role as governor. Is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: If it's in here ... it's okay. Mr. Burrows, equally, in 2005-06, it says you were paid €336,000. That's correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Yes. And again in 2009, €503,000 for your role as governor?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Yes. Earlier on, Mr. Burrows, you expressed regret for needing support of taxpayers ... that the bank had required that. Would you go as far as to say that ... is that an apology?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: You were asked earlier today about the Morgan Kelly viewpoint at the time and I hope my note is accurate, you said it was "an interesting angle ... but the weight of opinion was ... in [the opposite] direction, and that's what we listened to." And I suppose we've had a lot of football analogies, I wondered if perhaps in a sailing analogy, that if you were on board your yacht and the sun was...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Yes, so, when Mr. Kelly gave his view that was opposite to what the prevailing views were, what was your response?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Although there were plenty of other views, I mean, the IMF, the Central Bank ... there were lots of ... the OECD ... there were lots of other reports where, even though there were some, if you like, comfort in them, there were also lots of people saying, in between, "Look, there are problems. And if certain things happen, there may be trouble." So I'm just wondering why more attention might...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Okay. On page ... 11, I beg your pardon, of Mr. Boucher's testimony here to this ... he was asked if "there was an appropriate level of reporting to the board on the concentration risk being faced by Bank of Ireland?" And Mr. Boucher said, "No, there was not." And he reiterated that. And then he went on to say:If I look now at the level of reporting, understanding that the board has, of...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: As you were.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: There were a lot of senior business people around that table ... in your court. There were a lot of obviously very experienced bankers working for the Bank of Ireland and yet, between all of you, it's only now with hindsight that you can see what was wrong. How could that be? Given the level of experience ... given the level of business acumen at the table, indeed yourself, Mr. Burrows,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Y03300 type: 1 --> You said earlier, when you were talking about the night of the guarantee, you said, "No [it wasn't about the four or six-bank guarantee, it was all about resolving the Anglo crisis]" Is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Correct.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Now, you had ... in early September there'd been a meeting about INBS and on that ... and on the 29th you'd had a meeting about Irish Life & Permanent. So now there were three, if you like ... there were three institutions that were obviously stressed. Why is it then that on that night, there was only one that came to the fore? What ... where ... I mean, clearly there were three...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Do you know why Anglo Irish did not go in to see Government?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Did you suggest that they might?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: And they didn't say they were going to go themselves?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: The testimony that Mr. Boucher gave here about the weekend of 7 September, and that was the time when he sat down with a colleague and AIB to look at INBS, you will recall this.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Susan O'Keeffe: Yes. Now, there was ... I believe that there was a meeting of the court of directors after that to discuss what had been found. Do you-----