Anglo fallout and the banking guarantee

Sir, – In relation to the Anglo tapes, Michael Noonan say he does not want to see people “mucking about in Garda business” (Breaking News, July 4th). I agree with him: so why are his colleagues pressing forward with an inquiry? Give the Garda Síochána the wherewithall and funding to secure convictions. – Yours, etc,

CONAN DOYLE,

Pococke Lower, Kilkenny.

Sir, – Angela Merkel acknowledges that the banking culture revealed by the tapes is not confined to Ireland,but she appears not to grasp that is part and parcel of modern day finance capitalism (Breaking News, June 28th). The trade surpluses of Germany and China lent at low interest rates fuelled the housing bubbles in the US and Ireland and triggered the banking crises. But, as the problem is systemic, it will not be solved by banking inquiries or sending bankers to jail. – Yours, etc,

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PATRICK BRADY,

Ingleby Way,

Chislehurst,

Kent, England.