There was a strong sense of vindication in the Taoiseach’s office this morning after the Government received full credit in two reports for creating the banking crisis.
“This is a proud day for our small country,” a spokesman for Taoiseach Brian Cowen said. “The message is clear. We are not second best. We don’t need Lehmans. We can stage a banking crisis with the best of them.”
“This is a great boost for the nation,” an economic analyst said. “It is particularly welcome after our very poor showing in the Eurovision Song Contest.
“It is great to see credit go where credit is due,” a Fianna Fáil backbench TD said.
“We have been under the hammer for some time but the truth is we are unmatched when it comes to creating and maintaining a crisis,” he added. “Just look at the health service.”


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