Michael D'Arcy (Fine Gael)

The reason we are in this position is there was no regulation. The former regulator was freewheeling and business was conducted as the company saw fit. As the Senator will note, the 2009 figures for Quinn Insurance show a loss of €905 million, there was a loss of €160 million in 2010 and the loss for 2011 is as yet unknown. That is why we are here. That is why we are passing legislation. That is why we have to deal with the matter at hand.

As one of the primary cheerleaders in the other Chamber, all you were missing was the mini-skirt and the pom-poms-----