Relevant:
- Irish Bailout Falls Short; Irish Debt Rating Cut to Junk by Moody’s; Power of the "Trump Card"
- Ireland faces €34bn bill for Anglo Irish Bank, forced to redraft budget
- Irish bankers 'hoodwinked' government over bailout, secret recordings show
- Anglo Irish Bank's debt rating cut to almost junk status
- Ireland Jails 3 Top Bankers Over 2008 Collapse
2010-11-02 — ft.com
"Ireland’s government was supposed to have kitchen-sinked the final costs of bailing out the country’s banks in September — cranking its deficit to 32 per cent of GDP, for goodness’ sake. Sorting out Anglo Irish is supposed to have been the hardest and riskiest job here. Witness those gory — trend-settingly gory — Anglo sub-debt exchanges."
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