The Lehman effect

Sir, – Congratulations to your economics team for your superb supplement (“The Lehman effect”, September 12th). It should be distributed to every politician, civil servant , financial services sector employee, and anyone remotely involved in what Dan O’Brien, Economics Editor, accurately describes as “The defining event of our century thus far”. It should also be compulsory reading for all third-level first year economic students, in the hope that they will learn from the mistakes of their elders.

Those who are culpable for the collateral damage of their actions know full well who they are and should hang their heads in shame. – Yours, etc,

DECLAN COLEMAN,

Highfield Road,

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Dublin 6.

Sir, – I was riveted by your special supplement, (“The Lehman effect”, September 12th), especially the quotation from former taoiseach Bertie Ahern, October 2009: “It was the collapse of Lehman Brothers that did the real damage. . . They had testicles everywhere”. Obviously the balls were not in Bertie’s court in 2008. – Yours, etc,

PATRICK O’BYRNE,

Shandon Crescent,

Phibsborough,

Dublin 7.