Bank inquiry a distraction

The need for an inquiry into the banking crisis, as supported by Fergus Finlay (Opinion, Oct 1), is not clear.

It can be argued that we do not need an inquiry into how this country was bankrupted, since we know the answer already.

National bankruptcy was the result of decisions by a small number of our most powerful citizens at the head of government, financial institutions, etc, during the Celtic Tiger period.

These Celtic Tiger grandees successfully used the media to reflect their own self-importance and the rightness of what they were doing.

What Fergus Finlay calls “the temptation to be partisan, and to grandstand” will be even greater if all of the proposed inquiry’s proceedings takes place on television.

Setting up a proverbial show trial now, with latter-day powerful grandees trying to outdo the Celtic Tiger ones, would be a distraction from the job of getting this bankrupt country back on its feet.

A Leavy

Sutton

Dublin 13