01EE2013-05-07e0

Serving Cork for 120 years EE - V2 EDITION NO. 34,905 TUESDAY, MAY 7, 2013 RRP: e1.50 Recommended retail price €1.50 07.05.13 SEARCH FOR A COPE STAR Pages 22/23 Slash welfare and jail bankers Dragons’ Den star: Too many depending on Government WELFARE is much too generous in Ireland and needs slashing, according to Dragons’ Den star Seán O’Sullivan. The Kinsale-based technology millionaire, who grew up in poverty in New York, said too many people had become depend- ent on the Government to sur- vive. In a wide ranging interview with the Evening Echo, he said that while a safety net was re- quired for the most vulnerable people in society, the Govern- ment provided too many pro- grammes that were causing an “unhealthy” reliance on the State. He also backed Irish citizens protesting on the streets about austerity and the fact that nobody had been held respons- ible for the financial crash that had obliterated the economy. He called for “politicians, bankers and financial regulat- ors” to face jail for “egregious crimes and violations that had left the Irish people indebted for By PADRAIG HOARE a generation.” He said that many on Wall Street had been jailed for their parts in the global financial crisis of 2008. “In the USA, financial criminals have faced the wrath of the courts yet in Ireland, nobody has gone to jail. “It’s not a slap on the wrist these people need, it’s hand- cuffs.” ● See pages 10 and 11. Seán O’Sullivan: In the USA, financial criminals face the wrath of courts. TONIGHT WEATHER L: 8°C Occasional rain Winds: SE at 5-10 mph Three women found 10 years after being abducted THREE women who were abducted and held captive just miles from their homes in Ohio for 10 years were re-united with their families today. Three brothers aged 50, 52 and 54, including one who lived at the house where they were held and was a school bus driver, have been arrested. One of the women, Amanda Berry who was just 16-years-old when she disappeared, has a six-year-old child born during her captivity. ● See page three. Amanda Berry, centre, who was held captive in a house in the US for 10 years, is reunited with her sister, left, and (right) her six-year-old child. CORK Northside Blarney Street T: 021-4393315. Open Mon-Sat 9.30-5.30. Sun: Closed. Harbour Point Business Park, Little Island T: 021-4355506. Open: Mon-Sat 9.30-5.30. Sun: 2-5.30 Southside Industrial Estate T: 021-4316668. Open: Mon-Sat 9.30-5.30. Sun: 2-5.30 WATERFORD Butlerstown Retail Park, Waterford T: 051-599036. OPEN: Mon-Thurs 9.30-6 Fri 9.30-7 Sat 9.30 -6. Sun: 12-6 EZLiving Summer Event FREE FITTING with all wood ﬂoors purchased over €500 FREE UNDERLAY AND GRIPS with all canvas back carpets 4FT 6” BED WAS €499 NOW €399 5FT BED WAS €550 NOW €450 6FT BED WAS €599 NOW €499 5 DWR TALLBOY WAS €450 NOW €350 3 DWR LOCKER WAS €175 NOW €125 2 DOOR ROBE & ONE DRAWER WAS €650 NOW €499 7 DWR DRESSER WAS €499 NOW €399 MIRROR WAS €149 NOW €99 Rocky Bedroom Range Further 10% OFF current stock purchases over €1000 Not applicable on promotional items

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User:rorynoonanDate:07/05/2013Time:08:18:32Edition:07/05/2013Tuetuesecho070513Page:1Color:

S e r v i n g C o r k f o r 1 2 0 y e a r s

EE - V2

EDITION NO. 34,905TUESDAY, MAY 7, 2013 RRP: e1.50

07.04.13

Recommendedretail price

€1.50

07.05.13

SEARCH FORA COPE STAR

Pages 22/23

Slashwelfareand jailbankersDragons’ Den star: Too manydepending on Government

WELFARE is much toogenerous in Ireland andneeds slashing, accordingto Dragons’ Den star SeánO’Sullivan.

The Kinsale-based technologymillionaire, who grew up inpoverty in New York, said toomany people had become depend-ent on the Government to sur-vive.In a wide ranging interview

with the Evening Echo, he saidthat while a safety net was re-quired for the most vulnerablepeople in society, the Govern-ment provided too many pro-grammes that were causing an“unhealthy” reliance on theState.He also backed Irish citizens

protesting on the streets aboutausterity and the fact thatnobody had been held respons-ible for the financial crash thathad obliterated the economy.He called for “politicians,

bankers and financial regulat-ors” to face jail for “egregiouscrimes and violations that hadleft the Irish people indebted for

By PADRAIG HOARE

a generation.” He said that manyon Wall Street had been jailed fortheir parts in the global financialcrisis of 2008.“In the USA, financial crimin-

als have faced the wrath of thecourts yet in Ireland, nobody hasgone to jail.“It’s not a slap on the wrist

these people need, it’s hand-cuffs.”● See pages 10 and 11.

Seán O’Sullivan: In the USA,financial criminals face thewrath of courts.

TONIGHT

WEATHER

L: 8°COccasional rain

Winds: SE at5-10 mph

Three womenfound 10 yearsafter beingabductedTHREE women who were abducted andheld captive just miles from their homesin Ohio for 10 years were re-united withtheir families today.Three brothers aged 50, 52 and 54,including one who lived at the housewhere they were held and was a schoolbus driver, have been arrested.One of the women, Amanda Berry whowas just 16-years-old when shedisappeared, has a six-year-old childborn during her captivity.● See page three.

Amanda Berry, centre, who was held captive in a house in the USfor 10 years, is reunited with her sister, left, and (right) hersix-year-old child.

CORK Northside Blarney Street T: 021-4393315. Open Mon-Sat 9.30-5.30. Sun: Closed.Harbour Point Business Park, Little Island T: 021-4355506.

Open: Mon-Sat 9.30-5.30. Sun: 2-5.30Southside Industrial Estate T: 021-4316668. Open: Mon-Sat 9.30-5.30. Sun: 2-5.30

WATERFORD Butlerstown Retail Park, Waterford T: 051-599036.OPEN: Mon-Thurs 9.30-6 Fri 9.30-7 Sat 9.30 -6. Sun: 12-6

EZLiving

Summer Event

FREE FITTING with all wood floors purchased over €500 FREE UNDERLAY AND GRIPS with all canvas back carpets

4FT 6” BED WAS €499 NOW €3995FT BED WAS €550 NOW €4506FT BED WAS €599 NOW €4995 DWR TALLBOY WAS €450 NOW €3503 DWR LOCKER WAS €175 NOW €1252 DOOR ROBE & ONE DRAWER WAS €650 NOW €4997 DWR DRESSER WAS €499 NOW €399MIRROR WAS €149 NOW €99

RockyBedroomRange

Further10% OFFcurrent stockpurchases over€1000Not applicable onpromotional items