Access to information - Ruling on cabinet file is welcome

A GREAT deal of the panic that caused such decimation on the world’s financial markets is caused by uncertainty; by not knowing what is really going on.

A considerable part of that concern was provoked because the banks have yet to concede, in public at least, how much they really stand to lose if they were to revise their loan books to reflect current values.

Everyone knows there’s an elephant in the corner of the room but we all dread the moment we find out whether it’s a plump, touchy-feely, Walt Disney elephant or an enraged tusker intent on vengeance.