Simon Kelly's generosity of spirit towards Anglo (Business, 4 April) belies the disproportionate kudos he imparts to swashbuckle and risk venture. His assertion that the current "zombie economy" is not only Anglo's fault has a modicum of truth, but his smooth extrapolations to embrace all of us, bar none, as causative vultures to the Celtic carcass, ensures an exaggeration of epic proportion.

Kelly is obviously a business zealot, immersed and baptised in the credos of stock and share, risk and gamble. He tries to calibrate his remarks by saying Anglo was a good-bad bank, which played its part in the illusionary saga that was the marauding tiger economy. The gurus of greed who pummelled the financial equilibrium for self aggrandisement now try to distil a lofty retrospective of care and dedication to the community at large.

Jim Cosgrove,

Chapel Street,

Lismore, Co Waterford