Sir, – If banks wish to pay excessive salaries, maybe the State should indicate that it would not bail-out those same banks, in any circumstances, should they seek help to avoid collapse. Then, knowing the risk involved, the public and investors could make informed choices as to whether to deal with or invest with them. A fair and transparent solution to a complex problem? – Yours, etc,
MICHAEL HAMELL,
Courtlands,
Dublin 9.