Each week we round-up the best comments, emails and letters to the site and pick one reader contribution as our Star Letter. This week’s award goes to:
New regulator ‘will not tolerate’ repeat offenders
The banks in Ireland were particularly poor in their lending practices, so in ordinary market conditions one might argue the losses are well deserved.
However, loss of confidence in the Irish banking system will affect ordinary people, so the Government has done the right thing so far in my view.
It is worth noting that while the boom was in full swing, the voters kept returning the Government that had not imposed any controls on the profligate spending based on construction.
Orlando Furioso
03 Jul 2012 | 11:13
You can see more of this week’s best reader comments by clicking HERE and read a round-up of the week’s biggest news stories HERE.
