Fall of one of our former greatest national assets leaves a sour taste

WITH the fiasco of the privatisation of Eircom behind us and talk of the privaitisation of Aer Lingus ahead, the death of one time property tycoon Patrick Gallagher and the demise of the sugar factory in Mallow are a grim reminder that we have lost the old sense of social responsibility.

Without it, we are in dire need of a better way to privatise our national assets.

Gallagher came by money too easily and lost it just as easily. The banks pulled the rug from under him because he was reckless.