Mr. John Moran:

Well, I don't know if this inquiry is about me or about the banking sector, right? And I encourage the clash of ideas but we're just not going to have in two minutes the time to debate whether or not we should have a capitalist world or anything else. I think everybody knows that the need was there for greater regulation of this sector, okay. As people have understood that it was necessary to regulate many other different types of sectors, okay, not just banking over the course of things. And lessons have been learned, and the question to me is really, have we gotten to a point were recognising that ... and I don't make the rules, right ... that the decision is that we have a particular form of society that we're operating in at the moment, have we put enough protections in place? Do we have a regulatory system that will actually help to stop these issues, if they're going into space that they shouldn't go into? We'll have to have this conversation afterwards.