I REFER to the article “Merrill Lynch’s Irish arm fined €2.75m” (October 24) published in your business section. The article concerns the fine recently imposed upon Merrill Lynch by the Financial Regulator. The second paragraph of the article states: “The largest fine involved one of Ireland’s wealthiest businessmen Sean Quinn who was fined €3.25m over the sale of shares in Anglo Irish Bank, where he lost over €1 billion.”