European Central Bank stress tests

Sir, – Perhaps Permanent TSB ought to be renamed the “Post Traumatic Stress Bank”. – Yours, etc,

JOHN DOHERTY,

Ballyjamesduff, Co Cavan.

Sir, – Does the “needs improvement” rating bestowed on PTSB confer an automatic performance-related reward? – Yours, etc,

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MARY HANNA,

Clonskeagh, Dublin 14.

Sir, – Watching the European Central Bank vice-president Vitor Constancio speaking at the ECB stress test news conference live on television, I became aware of why politicians failed to react earlier to the financial crisis in Europe – within seconds I was asleep. It may be the case that “banker-speak” is so boring that our political leaders were actually asleep when the bankers briefed them on the impending crisis. Do we owe bankers a collective apology for not listening to them in 2008?

We may finally have a solution for insomniacs – distribute recordings of ECB news conferences to people who have sleep disorders. It may not solve your financial stress but is guaranteed to remedy sleep stress. – Yours, etc,

AIDAN MAHER,

Baldoyle, Dublin 13.