Mr. Derek Moran:

We have a shareholder financial advisory division whose job is to manage the shareholding. We keep the banking policy entirely separate because, as the Deputy observes, one cannot have a shareholder who is looking to maximise value while at the same time making or influencing banking policy, deciding how one might look after consumers or any of those issues. Deputy Burke is absolutely right on this point. We have to manage that within the Department because we hold both the shares and the responsibility for the banking aspect. At the end of the day, we have a responsibility to the taxpayer to try to get back the money we put into those banks, but we should not do so at the cost of the consumer.