Aidan Davitt (Fianna Fail) | Oireachtas source

I appreciate the answer. However, I am concerned, for example, when one looks at HSBC and the fixing of rates. It was difficult enough to catch the company. There was also Bernie Madoff and his Ponzi scheme. However, in the context of Ireland we had less than a handful of people facing short enough prison sentences. The State was practically defunct afterwards. We had to get bailed out. We are comparing chalk and cheese to a certain extent in terms of how we have dealt with some of these guys. There is also a pile of other banks on which I could comment but I will not mention names. High profile heads of banks were described as running fiefdoms and they have not gone anywhere else, apart from still having a good time in Ireland. It is not without merit. There has been a big shift to try to bring us somewhat up to speed but we are still a long way behind.