What's another year at Anglo?
Published 18/01/2013 | 05:00
"How long, how long must we sing this song?" cries Bono in 'Sunday, Bloody Sunday'. It is a question that is on many lips as we digest the news that the High Court has granted the Director of Corporate Enforcement yet another one year to his four-year investigation into Anglo Irish.
Why must everything take so long in Ireland.
Four years is also coincidentally the length of time that it took Michelangelo to paint the Sistine Chapel, beginning in 1508 and ending in 1512.
Four years lying on your back is a long time, but it probably beats four years of trawling through computer files.
Two years later, Capone was indicted for income-tax evasion and sent to jail.
Still, not everything can be done quickly. It took almost eight years for the US to put a man on the moon from President Kennedy's speech in 1961 to the event itself.
Hopefully, it won't take as long to wrap up the rather less ambitious project of completing the ODCE's investigation.
Of course, this is no reflection on the Office of the Director of Corporate Enforcement which must battle to complete a punishing probe with a tiny complement of staff.
It is instead a reflection on governments that starve the ODCE of staff and funds, and fail to streamline the legal system to make it easier to conduct large investigations.