AIB’s strategic default

It is grotesquely hilarious to witness Allied Irish Bank chief executive David Duffy castigate so-called strategic defaulters for their alleged refusal to fulfill mortgage contracts (Irish Examiner, Aug 2).

Without a shred of evidence Mr Duffy has effectively accused 20% of his mortgage customers of deliberately defaulting on their responsibilities.

This attack on Irish citizens is all the more obnoxious when it is remembered that Allied Irish Bank is itself one of the most notorious strategic defaulters in the history of the state.