Mid-afternoon in the High Court last Tuesday it came, and again on Wednesday – the crux of the defence by former employees of Davy Stockbrokers. Alleged to have made millions in secret profits while handling a bond sale for Belfast-based property developer Patrick Kearney in November 2014, the former financiers claim Kearney made more than anyone else on the deal and is now trying to leverage last year’s adverse Central Bank findings against Davy as a hook “to get more money”. “Entirely incoherent” and in parts “untrue” is how Kearney’s case has been characterised by 15 of those former Davy…

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