Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

-----go forward then, that many people would believe Mr. Cowen - I put this to you for a comment - that there would, indeed, be a conflict between the Central Bank and the regulator being charged with regulating and controlling financial institutions, banks, etc., from excessive profit-taking or whatever on the one hand, and then, on the other hand, trying to make the situation attractive to entice foreign banks in and to let the industry know that regulation wasn't really that tough.