American investor hailed as Ireland’s saviour after massive gamble on state debt

Who said he was our saviour? The only saviours my country has, are the hard working, Irish people in the private sector, who from day to day are uncertain if they will lose their jobs, who pay a very high tax rate, both direct and in-direct. The absolute dis-respect and cheek of this this writer, to ignore trhe fact that Irish people are struggling and have to work themselves to the bone to re-pay a debt which is not of our making.

Let me see....whose money is Hasen-stab betting with...Who benefits from us Paddy-serfs & Josephine-soaps keeping the treadmill going.. Ireland: the financial overlords' ultimate wet dream..

Let me see if I got this right? The Irish Government is delighted to encourage a financier to buy Irish debt knowing that the present and future generations of Irish working men and women who must scrimp to create the added value to repay the debt along with the "substantial dividend" and will be lucky if they can keep an arse in their trousers or knickers. This is the Great Hunger / Free Market script all over again and we know how that turned out!

Does this mean he owns Ireland now? And if so, where does that leave democracy? Is it true what they say that debt entrapment is the new imperialism? I'm sure he's a good guy, but how advisable is it to place such hugh sums of money in the hands of so few individuals? Hasenstab for Taoiseach.

good guy,no reason it cant pay,IF the useless politicoes who led us into this mess are neutered out of any decision making,and the powers of the eu are seriously curbed,otherwise it will be more of the same,and stop mass uncontrolled immigration until we can provide work for our own people.

Hey Peggy P, you go girl!!

My kid's IRA is in that fund, he had better do ok!

Bravo! I wish him all the best!

Hey LoyalCitizen -What say about that,you anti American rantor!

American Capitalist buys billions of Socialist Ireland's dept to keep them afloat. And to think that Michael Hasenstab is actually part of that awful 1% Obama want's to penalize for being successful. This speaks volumes as to why we need Mitt Romney and Paul Ryan to lead this country to greatness again and get us out of dept.