Sean Barrett (Independent) | Oireachtas source

Thank you, Chairman, and welcome back, Mr. Cowen. On page 1 of your witness statement you state that the focus of the work of the domestic standing group became concentrated on Irish Nationwide Building Society as a result of negative news reporting that emanated from Reuters. In your opinion, does that reflect a worrying failing of the regulatory regime, relying on reports from an external news agency, rather than information supplied by the Financial Regulator?