Saturday 10 December 2016

Once again, world of finance rules over human decency

Published 18/06/2015 | 02:30

'Once again in Ireland the worlds of high finance and morality have collided – and high finance comes out on top'
'Once again in Ireland the worlds of high finance and morality have collided – and high finance comes out on top'

Champagne corks must have popped as soon as they signed on the dotted line. Whoo-hoo! Party time! Let's drink a toast to the great god Moolah, and to pulling a stroke.

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Vulture Capitalists 1, Little People 0.

The Clerys stunt is a sweet deal for speculators. For Boston investment group Gordon Brothers, which doubled its money in less than three years with a reported €29m sale tag.

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