Sir, – Because Mick Wallace gave personal guarantees, he may now be declared bankrupt and if that happens, he is deemed unfit to represent the people who elected him and will have to give up his seat (Breaking News, October 10th).
On the other hand, the bankers who made the banks bankrupt still get massive salaries and pensions. Equally, the politicians who made the country bankrupt by giving guarantees with taxpayers’ money also retain their posts, pensions and expenses.
The very least that should have happened is that all bankers in charge of the banks during the period when they were working towards bankruptcy, should not be allowed to act as directors again and any politician (including opposition TDs) who voted for the bank guarantee scheme, should have to give up their seat and their pension.
This bunch should then be joined by the faceless public servants and regulators who served their own interests so well and did not give two hoots about doing the job they are employed to do. – Yours, etc,