Via the Chancer:"IT’S 3 a.m. at Doheny & Nesbitt, a favorite watering hole of Dublin’s political and business elite, and the property tycoon Sean Dunne stoops to retrieve a penny from the pub’s grimy floor."
Read the rest of the New York Times recessiontastic article.
6 comments:
's how the buggers get rich you see. they atually are about the pennies. the richest guy i know will arrive late at the airport to pick people up, just so he an be sure that he an avail of the 15 minutes free parking, and not have to pay the extra $2.
fact.
Yeah heard about this on the radio and checked it out yesterday. A decent colour piece, but the author seems hellbent on turning the last 10yrs in Ireland into some Homer-esque tragedy, whereby Dunne and the developers are the heroes and villians. And he is right to a certain extent. The facts are more shocking however. Yesterdays Sindo's feature on the Anglo saga and to whom they doled out billions of Euros was crazy stuff. If you want to get a look at how the Celtic Tiger was funded, rules bent and backs scratched inside a small jobs-for-the-boys club, take a read of that! B-Dogg
Sean was never a wealthy man. He has done nothing more than get big loans of banks and bought some stuff. Any one can do that.
As an example, of how close he was to the soon to be declared corrupt Bertie Ahern, he was actually a guest of the taoiseach during his address to the house of congress.
"put a beggar on a horseback and he will ride to the devil"
I like the way you used his first name. "Sean was never a wealthy man." Did you sit beside him at school.
"He has done nothing more than get big loans of banks and bought some stuff." Its pretty clear that everyone couldnt have done this.
This made me laugh out loud though.
"Social workers in Moyross refer to the “pajama index”: the more men and women one sees who do not take the time and care to dress for the day, the worse the economic situation tends to be."
Im going to tell everyone about the pajama index.
I love the comment he makes about begrudgery, saying that for 800 years we were watching the "masters". The implication is revealing. Tom Wolfe was right, these guys really do see themselves as the masters of the universe.
One thing about Dunne - he mentions that he's determined to finish his Citadel in Ballsbridge. He might be able to wrangle the credit from some Arabian conglomerate, and kudos for his tenacity. But, has anybody asked him who the hell is going to pay €500,000 - €1,000,000 to live in a box in Ballsbridge? I don't see him being able to sell any of them should they ever get them built. Considering the amount of empty houses, no mortgage availability, job losses and emigration. Has he really thought this through? Maybe he'll put some social housing in! Would love to be a fly in the wall at that residents meeting...
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