Professor Patrick Honohan:

Yes. Okay, well ... while that's a very big and broad question, I'll just say, from the Irish point of view, we also are participating in this fines business, and we have a lot of administrative ... 13 cases against banks in the last five years, monetary penalties €11 million, not as big as the American ones because they have much bigger banks and so on and so forth. In addition, there, I will recall, even though we're not to go too far into this, but there have been convictions of bankers here, of senior bankers here, and there are administrative sanctions procedures which could add to those, so action is being taken. But I would stress that our ... I think the work of the Law Reform Commission should be attended to and acted on. Law Reform Commission recommendations aren't always acted on and, like we saw, the bankruptcy was sitting around for years. But this should be acted on because I think we won't get effective results if there's a sense that individuals can go away scot free.