State must act as a safeguard

Making people’s savings secure is the best way to return confidence to the market.

20th September, 2008

Making people’s savings secure is the best way to return confidence to the market.

When ordinary people are flocking to the post office to deposit their savings, we know that we are running out of time. Some Irish banks are in clear and present danger and, as events in the US have shown, when things are moving so quickly, old assumptions no longer hold.

Last Friday’s rally, although welcome, does not change anything....

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