Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. Vaughan made the point on more than one occasion in his opening statement to the effect that he had faith as such in the institutions in place to monitor and regulate the financial institutions on behalf of the State. Can Mr. Vaughan elaborate on that? Is it his view that too deferential an approach was taken within the media - that it was not challenging enough?