Barry O'Callaghan Gets Coverage
Following some very positive coverage in the Irish Times last week, Barry O’Callaghan was given a less pleasing covering by the Sunday Independent:
BARRY O’Callaghan bet the ranch and lost big time. The Clongowes-educated financier was briefly worth “well north of a billion” before he was 40. Ever so briefly. Now with the implosion of his debt-laden publishing firm EMPG he is back to being an ordinary wage slave.
In another story, the Sunday Independent also covered the well-known Irish people who have been hurt financially by the crisis at EMPG:
Superquinn founder Feargal Quinn is thought to have invested up to €16m in Barry O’Callaghan’s EMPG publishers, which was involved in crisis talks over its €8bn debt mountain last week. Mr Quinn, who banked up to €400m from the sale of his Superquinn empire to property developers at the peak of the boom, is understood to have been one of the largest Irish investors in Mr O’Callaghan’s publishing outfit.