Mr. Charlie McCreevy:

Well that's why, that the ... that's the purpose of having a Central Bank and having a Financial Regulator, to look at those particular issues. In extremis, I'm sure as happened in the recent past when the financial crisis occurred, when there was a threat to the financial stability of the State arising from the difficulties that the banking sector got themselves into, I'm sure then the Governor would report then to the Government and Minister for Finance on that situation but that was long, long, long after my term.