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Editorial: All we need from probe are answers

Taxpayers are feeling angry today at finding out that they will be kept in the dark for some time over the reasons behind the banking crisis.

The Government has opted for a commission of inquiry rather than a parliamentary hearing into the crisis, in a decision that has been described as a whitewash.

Taxpayers who forked out billions to rescue the banks were hoping for their pound of flesh when the banks' dirty linen was aired in full public view.

Although the terms of reference of the commission have yet to be drawn up, there has been no major commitment to hold any major part in public.

But the reality is, it doesn't matter what model of investigation is used, as long as it is thorough in its work and gets to the bottom of what went on.