Banking on a gamble

Madam, - In view of the damage caused by the US sub-prime lendings collapse and the Barings, AIB and now Société Générale banking…

Madam, - In view of the damage caused by the US sub-prime lendings collapse and the Barings, AIB and now Société Générale banking scandals, is it not time for traditional banking to be segregated from the gambling activities now indulged in by banks under the cloak of respectability using our and our governments' monies? - Yours, etc,

WOLFGANG SCHNITTGER, Glenbrook Park, Delgany, Co Wicklow.