Results 121-140 of 4,168 for speaker:Susan O'Keeffe

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: So why didn't it lapse-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Why didn't it lapse when the troika left? That's the last.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Thanks, Chair. Two small questions, Mr. Noonan. Will we get to publish our report before the election? No, I'm just kidding. I'm just kidding.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: I just wanted to check ... when the promissory notes were exchanged for the long-term bonds, was that, effectively, taking the retrospective recapitalisation off the table?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Yes, you did.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: And then finally-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Sorry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: And, finally, in evidence ... in written evidence, Kevin Cardiff talked about the additional €24 billion State injection into the banks in March 2011 - this would have been just after you came into office - and he talked about the horse-trading that went on in order to achieve that figure and he says, really, it was an increase on what the Central Bank would have been comfortable with...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Susan O'Keeffe: Thank you very much.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: Thank you, Chair. Gentlemen, good morning. Is it ... is it the case that your analysis was based on management accounts of the relevant banks and that it didn't involve any independent verification procedures?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: And what ... and if so, why?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: And could the management accounts and the half-year management accounts have been requested directly by the Financial Regulator to ascertain the information? Could the office have gone directly there and said, "Just give us those"?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: Okay. So when you ... you had ten days effectively between that meeting on 18 September to the bigger meeting, then, of 28 September that you spoke about. Am I correct in understanding that that was your last contact with officials prior to the guarantee - was on the 28th?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: Yes. So did anybody pick up the phone, did anybody talk to any of you between the evening of the 28th and the evening of the 29th? No.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: And so, why was there, if you like ... 'cause that was a Monday, wasn't it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: Why do you think ... why was there a pause? Were you expecting that when you left the meeting on the 28th? Were you expecting that there'd be a silence or what were you expecting to happen at that point?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: On page 85 of Brendan McDonagh's evidence, which you may or may not have seen, but he talks anyway about the meeting on 28 September and he says, you know, there were a range of options - and you've said that yourselves - "But in any of the meetings that [we'd] had up to that point, all the discussion seemed to be pointing that it was inevitable that we were going to nationalise Irish...

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Sep 2015)

Susan O'Keeffe: No, no, no. He doesn't say that either. He says it was "pointing that it was inevitable that we were going to nationalise". So that was his ... that was the opinion that he took away and I am asking whether you would share that opinion at that point or not.