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We need to talk about Brian

Read more about: Economy, Fianna Fail     Print This Post

The Irish Times is building on the foundation work of Gavin Sheridan and Karl Whelan and has determined that there are three letters from the ECB to Ireland in the critical October-November 2010 period. The odd thing is that none of them correspond to the date cited by Brian Lenihan in his BBC Radio 4 interview with Dan O’Brien, as coming on 12 November. The IT conjectures a bit:

The decisive conversation with Mr Trichet followed on November 12th, and it is possible that this arose following a fax or email reinforcing the points made on November 4th. In an interview with Irish Times economics editor Dan O’Brien, conducted after Fianna Fáil had lost power, Mr Lenihan was adamant that a communication from Mr Trichet had arrived on November 12th.

There is an obvious further conjecture: that Lenihan never read the November 4th letter, and the ECB became aware of this and felt the need to follow up a week later. Amongst the speculation that missing week was the possibility that Lenihan was considering a Fianna Fail leadership coup against Brian Cowen.

It probably didn’t affect the ultimate outcome, but the notion that internal party matters were distracting Ireland’s government from dealing with the financial crisis remains an uncomfortable backdrop to the How Did We Get Here question.

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2 Responses to “We need to talk about Brian”

  1. # Comment by Betty Sep 2nd, 2012 20:09

    The sad part is that internal party matters are still the first priority and national consideration far down the list, and the irony is that the general public might reward the party that takes the hard decisions–the commentariate might screech but let them.

  2. # Comment by Veronica Sep 5th, 2012 20:09

    P,

    “There is an obvious further conjecture: that Lenihan never read the November 4th letter, and the ECB became aware of this and felt the need to follow up a week later.”

    Oh dear God, help us! ‘Conjecture’? What evidence do you have to support this conjecture?

    So the Minister for Finance, in any Irish government since the foundation of this state, does not read his mail? Or doesn’t have a plethora of civil servants and other advisors who would bring such mail to his attention?

    Obviously, you must have evidence to support your contention. Otherwise, you would not have published it.

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