Education Media and Publishing Group ceo Barry O’Callaghan continues to provide an astonishing mix of remarks and revisionist history to the Irish media. It “bemuses” him that he’s “being positioned as the bad guy” in the evaporation of billions of dollars of equity. It’s not his fault, “It’s just bad luck for me and my fellow shareholders. It’s nothing different from the people who bought houses [in the boom].” Plus, “people are perfectly entitled to take a swing at me because I’ve lost them money and I’m disappointed, too. But don’t blame me for what I don’t control. This downturn […]
