Dithering over cost of Anglo mess must stop

AS the banking scandal shook the economy to its foundations, people who command respect in this country said it was imperative for us to determine the full extent of the losses buried in the major banks.

It was pointed out by Ray Kinsella, a business professor in the Smurfit Business School, that Sweden took a clean cut at the banks and put a figure on their gross losses. It worked and Sweden got back on its feet.

Anglo Irish Bank, which has been responsible for so many distressing headlines, has failed to do this.