Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

-----but there are consequences on the ground for the Irish public because up to €64 billion of bankers' debt, which is on the public record, has come about, potentially, because of these trials and errors.

How does Mr. Nava respond to Professor Black's criticism this morning, which is in the public domain, that he regards Basel II, which falls under Mr. Nava's remit, as preposterous because the level of capital required is less than a third of what it would be in the US?