TWO mighty Irish companies rose above the radar last week. The cream of the private sector and the jewel in the semi-state crown were both hit by natural disasters in recent months. Ryanair responded to being smothered by an Icelandic volcano; the ESB, top of the privatisation hit list, was facing fierce flak for its …
Monthly Archive
for: ‘July, 2010’
Sean Leaves his Pals in Situ
NOW that a stake has been driven through Seanie’s heart, what will be his legacy? How will he rank in the pantheon of great Irish bankers? Well, he was unique. No Irish banker has ever behaved more recklessly than Seanie Fitz. First he put Anglo Irish Bank, next himself, and finally the nation, at risk …
Daly Trapped in Bankers’ Sting
Frank Daly, the chairman of Nama, is hardly the first guy you would invite to a wife-swapping orgy or to a drunken dinner party.
Presidents of Waste Flying High
BOOKIES Paddy Power is offering interesting odds for the next President of Ireland and the first directly elected Lord Mayor of Dublin. Businessman and independent senator Feargal Quinn is moving up in the betting for the mayoralty. Today he is fourth favourite at 8/1. Paddy Power tells me that there has been steady money for …