Mr. Tom Considine:

I might've answered that question the last time I was before your committee but, this time ... there's only one director of a company. You know, all directors have the same responsibilities. The difference is that the Minister decided to appoint people with a public sector background in the belief that that would influence the way they looked at things. It's as simple as that.

But in the 2006 ... 2010, I think, Central Bank Act, all the directors of what they call the covered banks, banks that were ... they all have a public interest obligation.