Economic commentators like Morgan Kelly and David McWilliams among others have long argued that Anglo should never have been bailed out and should now be wound up.
We consistently hear figures from Dukes and Lenihan of 70 billion and over if we wound up the bank immediately and this seems to be taken at face value.
Surely government can wash their hands of this mess. Draft emergency legislation to withdraw government support from the bank and let it go bankrupt. Let anyone that was foolish enough to lend money to the bank or have deposits there take the hit. Life goes on without it and we have saved the tax payer a huge bill.