Wednesday 21 February 2018

Great and greedy have lavish new London lives

Bankruptcy hasn't stopped the developer caste from living in luxury across the water

Ronald Quinlan

Ronald Quinlan

IT'S true. The rich are different from you and me. Even when they go broke, they do a damn fine job of keeping up appearances.

That's the impression I came away with anyway after taking the short hop to London last week in search of newly-declared bankrupt Bernard McNamara.

While I went there expecting to find the Clare-born developer getting used to bedding down in a cold-water flat or living cheek-by-jowl with the onesie-wearing brigade on some sink estate, nothing had quite prepared me for the abject affluence Mr McNamara is now contending with as he counts down the 12 months between now and freedom from his €1.5bn debts.

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