Enda Kenny has called on (invited?) the board of the Financial Regulator to resign.
John Gormley has promised that the bankers will go to jail and that Ireland will have the most comprehensive regulatory system in the world.
IBEC Director General Turlough O’Sullivan said he believed bankers were guilty of greed and criminality and should be made to face the consequences.
Brian Cowen has also said that justice will be done, that rogue bankers will be brought to account.
It’s all about sending messages to the international community to convince them that Ireland is not the corrupt banana republic it really is.
But methinks the gentlemen are a mite too late – about 50 years too late. The game is up; the international community can see exactly what we are.
But maybe, just maybe, there’s hope. If these gentlemen, somehow, miraculously, managed to see the reality of the situation they might realise that the absolute minimum action required is as follows.
The immediate sacking and arrest of the entire board of the Financial Regulator (Even if only for the optics).
The immediate arrest of former Financial Regulator, Patrick Neary, and the cancellation of his grotesque pay off.
The immediate arrest of Sean Fitzpatrick, Gillian Bowler and Denis Casey on suspicion of fraud (Economic treason could be added later).
This is the absolute minimum signal required if Ireland is to have any hope of convincing the international community that we are serious about rooting out the rot that has infected our country for decades.
There is, of course, no hope of this happening because these gentlemen live in a fantasy world where they genuinely believe that Ireland is a normal democratically accountable state.
The slide into oblivion continues.