Mr. John A. Moran:

In a somewhat under-publicised speech I made a few weeks ago on the banking sector, I made my views known about where the banks need to go in this regard. Part of the speech that was not fully reported pointed out just how important it is to move forward on this if the economy is to recover and, ergo, how important a recovery of the economy is for the banks' profitability. There is an issue with regard to examining what is happening with unsustainable personal debt and moving forward on that. Richie Boucher and others know our views on it very clearly.