There was no rescue plan. The IMF had a plan that was supported by parts of the Irish government and possibly, though that is far from clear, Osborne. No one else. And the claim is that the IMF had to give up on it once Geithner vetoed it. Everything else we knew already. So why is it silly to think about this new piece of information?

We know that Geithner is under attack from Wall Street as they desperately try to fend off regulation.

We do? What is this planned regulation that would so severely damage Wall Street?