Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
THIS WEEK, WE reported on the news that Merrill Lynch underestimated the costs of the bank bailout by €47bn in a 2008 report for the then government.
The documents (links below), released to Sinn Fein finance spokesperson Pearse Doherty under freedom of information, show a presentation and briefing document prepared for the Department of Finance and the National Treasury Management Agency (NTMA) in October and November 2008.
They show the low estimate itself, as well as various options that were considered to deal with the banking crisis.
To embed this post, copy the code below on your site