Brendan Burgess
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Starts at 9.30 and goes on all day.
Brendan
Brendan
Brian Cowen will be at the Banking Inquiry tomorrow, Thursday
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Duke of Marmalade
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I watched Charlie McCreevy today. He denied any culpability and it is hard to disagree with him. Why was he called at all? He was a bit foolish in refusing to admit there was a housing bubble after his watch, until he was forced to do so under threat of the gallows.
Duke of Marmalade
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I notice that with the exception of the obnoxious David McWilliams, all the witnesses acquit themselves well. Even Neary, who is surely the most vulnerable, put up a credible defence. Yesterday McCreevy did well and today Cowan was very convincing - it is clear that all the current narratives are written with the benefit of hindsight.
Joe Higgins was a disgrace today, asking how Cowan felt about the working man struggling blah, blah, blah. The chairman did very well to remind Joe that this was not the Dail. Other good performers today were Murphy of FG and, I hate to admit it, Fierce Doherty.
Joe Higgins was a disgrace today, asking how Cowan felt about the working man struggling blah, blah, blah. The chairman did very well to remind Joe that this was not the Dail. Other good performers today were Murphy of FG and, I hate to admit it, Fierce Doherty.
Brendan Burgess
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Banking Inquiry to resume hearings with Brian Cowen
7th July 2015
The Oireachtas Banking Inquiry will resume its hearings with former Taoiseach and Minster for Finance Brian Cowen tomorrow, Wednesday, 8th July.
The schedule for the meeting in Committee Room 1, Leinster House is:
Session 1: 9.30 am – 1.30am
Brian Cowen, former Taoiseach and Minister for Finance
Session 2: 2.30 pm – 6.00 pm
Brian Cowen, former Taoiseach and Minister for Finance
Chairman Ciaran Lynch TD said: “Tomorrow we will resume our hearings with former Taoiseach and Minister for Finance, Brian Cowen. At tomorrow morning’s session, we will focus on Mr Cowen’s tenure as Taoiseach, from his appointment in May 2008 until January 2009, encompassing the bank guarantee and the nationalisation of Anglo Irish Bank. In the afternoon session we will broadly focus on Mr Cowen’s tenure as Taoiseach, from January 2009 until the general election in early 2011, taking into account the bailout programme.
“Among the lines of inquiry the Committee will address with Mr Cowen in the coming meetings are: inter-departmental contact and the Memorandum of Understandings with other EU states on the issue of banking; the role of advisors in analysing the crisis, including crisis management options; the liquidity versus solvency debate; the appraisal of the conditions prior to increasing the Deposit Guarantee Scheme; the appropriateness of the bank guarantee decision; the effectiveness of reviews of banks’ loan books and capital adequacy;
“Mr Cowen will also be questioned on: the decision to nationalise Anglo in 2009 and a review of the alternatives available and/or considered; the establishment, operation and effectiveness of NAMA; the decision to recapitalise Anglo, AIB, Bank of Ireland, EBS, Permanent TSB and the alternatives available and/or considered; and the Credit Institutions Stabilisation Act and the effectiveness of the actions to merge AIB and EBS, Anglo and INBS and deposit transfers.”
7th July 2015
The Oireachtas Banking Inquiry will resume its hearings with former Taoiseach and Minster for Finance Brian Cowen tomorrow, Wednesday, 8th July.
The schedule for the meeting in Committee Room 1, Leinster House is:
Session 1: 9.30 am – 1.30am
Brian Cowen, former Taoiseach and Minister for Finance
Session 2: 2.30 pm – 6.00 pm
Brian Cowen, former Taoiseach and Minister for Finance
Chairman Ciaran Lynch TD said: “Tomorrow we will resume our hearings with former Taoiseach and Minister for Finance, Brian Cowen. At tomorrow morning’s session, we will focus on Mr Cowen’s tenure as Taoiseach, from his appointment in May 2008 until January 2009, encompassing the bank guarantee and the nationalisation of Anglo Irish Bank. In the afternoon session we will broadly focus on Mr Cowen’s tenure as Taoiseach, from January 2009 until the general election in early 2011, taking into account the bailout programme.
“Among the lines of inquiry the Committee will address with Mr Cowen in the coming meetings are: inter-departmental contact and the Memorandum of Understandings with other EU states on the issue of banking; the role of advisors in analysing the crisis, including crisis management options; the liquidity versus solvency debate; the appraisal of the conditions prior to increasing the Deposit Guarantee Scheme; the appropriateness of the bank guarantee decision; the effectiveness of reviews of banks’ loan books and capital adequacy;
“Mr Cowen will also be questioned on: the decision to nationalise Anglo in 2009 and a review of the alternatives available and/or considered; the establishment, operation and effectiveness of NAMA; the decision to recapitalise Anglo, AIB, Bank of Ireland, EBS, Permanent TSB and the alternatives available and/or considered; and the Credit Institutions Stabilisation Act and the effectiveness of the actions to merge AIB and EBS, Anglo and INBS and deposit transfers.”