The new taoiseach, the son of a Fianna Fail TD, made Mary Coughlan, the daughter and niece of Fianna Fail TDs, his tanaiste or deputy prime minister.

BBC: Changes at Republic's top

Using capital as a means of ensuring that banks do not fail will be a self-fulfilling prophesy that will only guarantee a land made up of Too-Big-To-Fail giants ( Bank of America, Citigroup, JPMorgan Chase, Deutsche Bank, Wells Fargo, etc.), and will eliminate any creativity in the financial sector.

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Is the government going to require banks to write down loans made to businesses that fail because of reasons that seem unfair?

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