Saturday 3 December 2016

Softly, softly

Published 22/11/2012 | 17:00

• The present softly, softly approach by our Finance Minister Michael Noonan regarding the remuneration packages paid to the top executives of the former Anglo Irish Bank is an insult to the Irish people.

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This non-existent bank, that is now reduced to a mere debt collecting agency, is costing in the region of €200m to €300m a year in salaries and fees, yet, Mr Noonan – who was highly critical of what went on in this and other banks when he was in opposition – is prepared to tolerate those payment arrangements.

This was an unmitigated disaster of a bank that contributed to the near shut-down of this country by the same executives that Mr Noonan is now defiantly and arrogantly trying to protect.

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