Well we talk about leadership. The new Regulator is not holding back any punches.

Do you think he is right or is he too heavy handed?

If the old Regulator was as hard as the new one would the Bank have gotten away with so much?

Hi Michael, great question!

Its like there is a new sheriff in town! Very refreshing.

I only wish this hands on approach was happening back when it was needed.

Excellent question.

We have seen both the old and the new way of doing business in Ireland. As pointed out we have a new sherriff who hopefully will clean up Dodge. And we have the old way manifesting itself by the Quinn Groups' reaction i.e. telephoning ministers, organising marches. I certainly know which I prefer.

The Quinn Group is in this mess because of the disastrous decision to invest in Anglo Irish shares, not because of anything the Regulator did. People demanding that the Regulator reverse his position would do well to pause and digest this fact.

I do empathise with the Quinn employees. They didn't cause the problem. But light touch regulation is dead.

Hi all,

some great feedback. yes, yes, yes, please bring back heavy touch REGULATOR!

I think also it typifies the dilemma the citizens of Ireland face. For years the culture of 'who you know'  ruled most of the sectors. Some people find it hard not to judge on how the result is achieved and not how you got there.