Friday 24 November 2017

Adios, Matthew

Madam – After reading Matthew Elderfield's article (Sunday Independent, May 26, 2013), it is only fair to wish him the best of luck in his new job in October.

He was brought to Ireland to help fix the banking system and now departs having done his best. The citizens of Ireland could not ask for any more, but for him to do his best. A sound straight talking man.

It is great of Mr Elderfield to recognise that the banks' 2007 debt valuations on buy-to-let mortgages of 40 times the annual rent have worked out badly. "No Shit Sherlock".

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