Liberal Democrats AM Peter Black also called on the Welsh Government to ensure S4C funding is ring-fenced until 2016 and its management board remains independent of the BBC.

BBC: Plaid Cymru debate

Is it possible that parent companies have stabilised and even increased local lending because of the ring fencing put in place by regulators during the crisis, rather than because of deliberate management choices?

FORBES: Too Big To Fail Or Too Small To Maintain Stability?

Risk management departments and other checks and balances, accountants, and systems are set-up to ring all sorts of alarm bells.

FORBES: UBS Goes Rogue: What Else Are Bankers Hiding In Their Drawers?