Shane Ross (Independent)

I am asking for a debate on this for the following reason. The Financial Regulator is an institution which has lost the faith of the international markets. They do not think it can do it because they think it is absolutely genetically flawed. That is the problem we will have to attack next. We will have to face it because it is no good not facing these appalling facts which the international markets, which are sinking Ireland into the mire, are beginning to face. We will have to do the following, namely, ask whether we are facing financial bankruptcy and ask whether the whole institution of the regulator has the confidence of the international markets, which it does not.