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Our Loss

Mark Devenport | 22:00 UK time, Thursday, 26 July 2007

Just as Ian Paisley and Martin McGuinness opened Belfast's first hedge fund management centre came news that NI has lost out to the Republic in snapping up one of the world's best known financial players. According to Reuters, Nick Leeson, the "rogue trader" who famously lost Barings Bank $1.4 billion, is to take over as Chief Executive of Galway United Football Club. He's been General Manager at the club since 2005. Galway's gain is our loss. Sceptics might believe that with his Singapore expertise, Nick could have made all the financial headaches over our proposed multi-sports stadium seem like small beer within a matter of weeks. But the club chairman at Galway describes him as "a wonderful addition" who has driven the club foward in recent years.

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