Irish Finance Ministry Reveals It Has Lost Banking Crisis Files

Tyler Durden's picture

We are sure there is a joke in here somewhere but it is no laughing matter. Following a request for copies of 8 documents  of correspondence between Ireland's (former) finance minister and the nations' largest bank executives, the Irish minstry of finance has been forced to admit that it cannot find two out of the eight. The documents, previously 100% redacted, raises questions as to whether other documents have gone 'missing'. As RTE reports, the Department of Finance said it had carried out a widespread search for the documents and it was not clear why the original versions could not be located. Those darn leprechauns... We are sure, however, it has nothing to do with the Irish banks "picking bailout numbers out of their arses."


Via RTE,

Documents relating to the banking crisis have gone missing at the Department of Finance.


The department has conceded that some correspondence forwarded from Bank of Ireland to the former minister for finance Brian Lenihan can no longer be located.




In 2009, the department was asked under Freedom of Information to release copies of all correspondence between the late Mr Lenihan and the chief executives of the banks during the period August 2008 to March 2009.


The department released eight items.


Late last year, Sinn Féin finance spokesperson Pearse Doherty requested repeat copies of these documents.


He was told that two out of the eight could no longer be found.


When released in 2009, both had been completely redacted.


They concerned correspondence between the governor of Bank of Ireland Richard Burrows and an advisor to the Jupiter group, Noel Corcoran.


Jupiter was trying to buy Bank of Ireland at the time.


Mr Doherty said the fact that the department could not locate records was worrying ahead of the banking inquiry.


He said it raised questions as to whether other documents may have gone missing.


In a statement to RTÉ News this evening, the Department of Finance said it had carried out a widespread search for the documents and it was not clear why the original versions could not be located.


It said that it had undertaken a project which would ensure the completeness and integrity of its records from the time of the bank guarantee.




It said that it was not aware of any documents relating to the bank guarantee which may have gone missing.


Mr Doherty said: "These letters existed in 2009.  They were released but the content was fully redacted to a journalist under the Freedom of Information legislation.


"However I have now been informed that these letters have gone missing from the Department of Finance.


"These are some of the only documents between the Governor of the Bank of Ireland and the Minister for Finance during a period when the government decided to pump €3.5m of taxpayers' money into that bank."


He went on to say: "The only reason we know that these documents are missing is because two separate FOIs were made on the same document over a four year period.  The question has to be asked about what other sensitive documents have gone missing.  The reality is that we may never know.


"If the upcoming banking inquiry is to be successful it is important that all relevant documents are found or returned."


Good job they got that bond issue off eh?

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logicalman's picture

Lying sacks of shit.

NotApplicable's picture

<-- This is my shocked face.

idea_hamster's picture

I guess now we see the “quo.”

When Irish debt “smashed expectations,” that was the “quid” – in more ways than one!

Xibalba's picture

Must implicate other countries

Say What Again's picture

Looks like the Irish have been taking lessons from the NJ Mob.  I think I see a great opportunity for an Irish version of "The Sopranos"  Maybe the McSopranos" or "The Obranos"

Wait a minute - that looks to close to "The Obamos"  Maybe I'm on to something.

Boris Alatovkrap's picture

Every scam eventually is lose files. For example, Apollo Mission is lose telemetry tape.

Say What Again's picture

Does Boris have loose bowels?


Boris Alatovkrap's picture

Recent, Boris is insomnia, but bowel is plenty tight. You are concern is much appreciative!

Say What Again's picture

I thought Insomnia was a country next to Bernankistan.

Boris Alatovkrap's picture

No, you are think of Megalomania.

Trucker Glock's picture

Perhaps stolen by Iranian militants so they can use it to get to the moon...just to burn the flag we left there.

Boris Alatovkrap's picture

Who is leave flag!? Where is flag!?

Trucker Glock's picture

Lee Harvey Oswald acted alone in planting a U.S. flag on a lunar rocky knoll.

Trucker Glock's picture

This plot is going to make for a good movie.

Boris Alatovkrap's picture

Very interesting plot! Not only is Mr. Oswald to plant flag on moon, but is still alive in 1969! But is believable as $USD multi-billion expense of taxpayer money to lose only proof of accomplishment. You are bring popcorn, Boris is bring refreshing liquid refreshment!

Trucker Glock's picture




Can't.  Rember that Oswald acted alone.  His homemade jetpack was found at his mother's, who happens to be...George H. W. Bush's mother also!  Hitler is Oswald's and Bush's papa.

RafterManFMJ's picture

Hey, don't forget Jimmy Carter is a bastard son of Kennedy...look it up. Wheels in wheels in wheels...

bobert's picture


Perhaps the Apollo mission was just 'a lot of crap?'

You are my favorite Russian.

Boris Alatovkrap's picture

Dear Bert,

"Lot of EXPENSIVE crap". There is fix for you.



(P.S., Boris is for Ukrainian (cossack) descent, but you are very grateful! Spasibo!)

JustObserving's picture

We spent $140 billion on the Apollo missions (today's dollars) but too bad we had to reuse those invaluable moon tapes to save money.  Hope we saved more than $140:

An exhaustive, three-year search for some tapes that contained the original footage of the Apollo 11 moonwalk has concluded that they were probably destroyed during a period when NASA was erasing old magnetic tapes and reusing them to record satellite data.

"We're all saddened that they're not there. We all wish we had 20-20 hindsight," says Dick Nafzger, a TV specialist at NASA's Goddard Space Flight Center in Maryland, who helped lead the search team.

"I don't think anyone in the NASA organization did anything wrong," Nafzger says. "I think it slipped through the cracks, and nobody's happy about it."


Greenskeeper_Carl's picture

"No laughing matter". Agree to disagree. I think it's hilarious. Fucking criminals. All you can do is laugh at this point.

kchrisc's picture

Part of Cozine's motto, and Holder's too.


Part of my motto: "The guillotine blade shall only be as sharp as needed."

Buck Johnson's picture

They sure are lying and it's going to get worse.

NoWayJose's picture

Missing Irish documents is NOTHING compared to what will go missing if Congress audits the Fed.

Skateboarder's picture

Where are all the moon landing tapes?

Sudden Debt's picture

the art department is still working on those.
just take a moonrock while you're waiting!.... oh wait... those are also all gone...

Xibalba's picture

same place they put the black boxes for flights from 9/11

Bastiat's picture

And all the security cam vids for the Pentagon on 9/11.

Boris Alatovkrap's picture

Moon landing telemetry tape is "accidental" erase:

Just like Bangkok, always twice check before take "waitress" back to hotel.

JustObserving's picture

 security cam vids for the Pentagon on 9/11.

Yes, all 84 of them saw nothing.  All freedom on information requests denied.  

kchrisc's picture

And the seccam vids from around the Murrah building.


"Truth or Consequences for a pol and crat is: you figure out the truth while you pay the consequences."


Sudden Debt's picture

you know what they say... if it's missing.... did it happen?
was there ever such a thing like a "banking" or a "crisis"....

Boris Alatovkrap's picture

Crisis is man made pull from colonic exit, so maybe just make new set of file. All is eventual to go down vortex of commode, so what is big deal!?

More_sellers_than_buyers's picture

Boris..I envy your pragmatism...the world could you more of it...It seems to evade me, but i am trying

Skateboarder's picture

I ollied down a 100 stair set once. My homie lost the footy. I'm still flippin mad at him, I tells ya!

logicalman's picture

Congress audits the Fed............

Can hardly type for laughing.

That's a good one!

seek's picture

"Missing Irish documents is NOTHING compared to what will go missing if Congress audits the Fed."

and that is NOTHING compared to what will be found missing if Germany ever audits its gold holdings at the Fed.

Yen Cross's picture

     Maybe someone left them in a box of Lucky Charms®?

CrashisOptimistic's picture

Might I remind the distinguished readership that it was telling Ireland that they would be permitted to default that got Dominque Strauss-Kahn framed and LaGarde in.

NotApplicable's picture

You mean we're not low-brow anymore?

Rafferty's picture

I got confirmation of that from 'a usually reliable source' as they say.  Could well be true.

Skateboarder's picture

They're magically suspicious!

NoDebt's picture

OK, I don't care who you are, that's funny right there.

ebworthen's picture

"Magna Carta goes missing; mysteriously burned and erased, expunged from history.  No film at 11:00."

Groundhog Day's picture

Speaking of Films....   Assault on Wall Street is a must watch for ZH's.  Actual events coming to a financial center near you

logicalman's picture

Kinda like the US constitution.

TPTB seem to have lost that too, as have Judges.

disabledvet's picture least Jefferson got a memorial. He wouldn't have liked that as...obviously...nothing terrified him more than a centralized State...indeed he spent his entire life fighting against that. He'd be even more terrified of the "Abraham" Lincoln Monument sitting in a stark and stern repose kinda reminding you "something bad comes this way." He'd probably get a good chuckle relative to the Washington Monument though..."that was George all right." The White House, the State Department, the Pentagon, the Fed, the CIA (with off ramp), the FBI, the NSA, the Treasury Department...he was a techie for his time...and i think he'd be like "wtf, over?" and then probably blame John Adams "who put that library there and gave all these people all sorts of bad ideas." he did have a great solution to the "statist impulses" of the day though: buy 36 million acres. "here, have some free land. now cut yer bitchin' and don't tell me the Government never did anything for ya'."