Bagging Irish bonds

Sir, – While I have no doubt of Michael Hasenstab’s position as a benevolent hedge fund manager is noteworthy, is it now the…

Sir, – While I have no doubt of Michael Hasenstab’s position as a benevolent hedge fund manager is noteworthy, is it now the case that investors get a double page prospectus spread in the paper of record (Business This Week, December 14th)? If so, I have some very interesting magic beans I bought in 2006. – Yours, etc,

JONATHAN DOCKRELL,

Johnstown Road,

Cabinteely, Co Dublin.

Sir, – To say I was astonished at your Editorial (December 17th) would be an understatement. Have we learnt nothing from the crisis of September 2008, which was all about gambling – a bet – call it what you like? It seems The Irish Times has not: it praises the likes of Michael Hasenstab, from Franklin Templeton Investment fund, which has gambled on the Irish sovereign debt. – Is mise,

PAUL DORAN,

Monastery Walk,

Clondalkin, Dublin 22.