Mr. Brian Cowen:

As I say, it's an important principle here that I want to emphasise. The independence of the regulatory function must be acknowledged. It's one of the prices you pay. If you want to have a regulatory function that is seen to be independent then it must be independent. And that means that there aren't political inputs coming in from the side to say, "We should be going harder on this fellow, than you should be going on that fellow-----