Thursday 22 February 2018

The night we were all mugged for €8bn

When the ECB chief threatened a 'bomb' in Dublin, Noonan caved in on bondholders, says Gene Kerrigan

'Was Brian Lenihan really a liar? Whose word can we trust? Why the silence? Does the Dail have any function any more?'
'Was Brian Lenihan really a liar? Whose word can we trust? Why the silence? Does the Dail have any function any more?'
Gene Kerrigan

Gene Kerrigan

Was Brian Lenihan really a liar? Whose word can we trust? Why the silence? Does the Dail have any function any more?

And when the State is under direct, explicit threat, what is the duty of a government minister?

On March 31, 2011, shortly after the election of the current Government, the late Brian Lenihan rose in the Dail to reply to a speech by the new Minister for Finance, Michael Noonan. The debate was on recapitalising and restructuring the banks.

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