Exit packages for bank executives

Madam, – As a direct shareholder in several Irish banks and as an indirect one through State ownership, I am dismayed that no…

Madam, – As a direct shareholder in several Irish banks and as an indirect one through State ownership, I am dismayed that no cap has been placed on the “exit packages” of senior managers. I suggest that they be paid statutory redundancy. If this is not acceptable to them, they may take appropriate action through the courts for unfair dismissal. Should they be brave enough to try this strategy, their arguments would be worth reading. – Yours, etc,

BOB FREWEN,

Parknasilla, Co Kerry.