Let’s burn the deadwood banks

WHEN the blanket guarantee to the banks expires in September, could the Government then extend it to functioning banks and exclude the dead ones like Anglo Irish and Irish Nationwide Building Society.

Would foreign investors and those with influence in such matters punish us for commonsense?

The word “systemic” has been bandied about with regard to these rogue institutions. Surely if there is a cancer within a system the wise thing to do is to cut it out as it is contaminating the healthy parts.