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Dublin: 15°C Friday 6 August 2021
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Cowen backs bank guarantee, Rory's golfing woes and SF's Tory visit

Paperround: Our guide to the pick of the Saturday press.

The Irish Times leads with the news that Merrill Lynch, who had been acting as consultants to the government shortly before its bank guarantee, expressed serious reservations over such a scheme in its last report to the government.

It also carries news of how Sinn Féin deputy leader Martin McGuinness has been invited to speak at an event at the Conservative Party conference in October, and how Israel is considering fully lifting its Gaza blockade.

The Times’ magazine profiles Irish designer Orla Kiely and tells how she and her husband Dermott Rowan “built a fashion empire”.

The Irish Independent leads on a similar theme to the Times, suggesting that the Department of Finance’s initial estimates about the €440bn bank bailout in autumn 2008 was based on incorrect estimates about the banks’ assets.

Like all of today’s papers, it carries significant coverage of the final funerals of the victims from the Inishowen car tragedy in Co Donegal.

The Weekend Review magazine profiles Celia Larkin and how the former partner of Bertie Ahern has ‘re-invented’ herself after stepping out of the shadow of her former flame.

The Examiner leads with Brian Cowen’s insistence that the blanket guarantee for Ireland’s banks was the correct move, despite being advised mere days before it of its dangers.

It also reveals a bizarre court case where a young man failed to prove that he had been discriminated against when overlooked for a job, because he was not a member of the Travelling community.

The Star leads with news of a soccer player who won €47,000 in damages from the High Court from a rival player who punched him mid-match and broke his jaw.

As with most of the papers, its sporting lead deals with the woes of Rory McIlroy, whose second round at the British Open was blighted by wind and left the teen shooting a round of 80 – a full 17 shots more than on his first round.

Abroad, The Guardian leads with the advice of Britain’s universities minister David Willetts, who has advised new graduates struggling to find work to simply set up their own companies.

The Sydney Morning Herald carries details of the opening political gambit from Australia’s new female PM Julia Rudd, who has called a general election for August 21 in a bid to bolster support for her Labour party.

And in the USA, the New York Times tells how Columbia University has halted research at a brain-imaging centre and reassigned senior staff after it was found injecting mental patients with dangerously impure drugs.

About the author:

Gavan Reilly

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