Wednesday, 22 December 2010

Irish developers still living the high life | Business | guardian.co.uk

Irish developers still living the high life | Business | guardian.co.uk

We don't often see or hear from Frank Daly, the chairman of the National Asset Management Agency (NAMA), the new state bank charged with clearing Ireland's debt mountain.

He's isn't a household name in the way former Anglo Irish boss Sean Fitzpatrick is or the colourful developer Sean Dunne and his former journalist wife Gayle Killilea who, RTE deliciously reminded us last night, represented the height of Celtic Tiger excess when they hired Christina O, a yacht formerly owned by Greek shipping billionaire Aristotle Onassis, to sail their wedding guests around the Mediterranean. "If it was good enough for Jackie Kennedy, I thought it's good enough for me," Killilea remarked at the time.

So when Daly speaks, we sit up.

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