Anglo should have been allowed to fail, says Adams

THE Government mishandled the bank bailout and should have let Anglo Irish collapse, Sinn Féin president Gerry Adams said yesterday.

The republican leader said it was correct to take action to protect the economy and the banking system, but claimed the Government had forced unnecessary debt on the public purse.

Mr Adams suggested that critics who branded his party “economically illiterate” had promoted policies that caused the current crisis.