Elaine Loughlin: Social Democrats learn lesson of accountability the hard way

Eoin Hayes, centre, told the media that he had divested his shares in Palantir before entering politics. However, a statement later clarified that he had sold his shares after he was first elected in the local elections in June. Picture: Stephen Collins/Collins
Riding high on electoral success, the Social Democrats have tumbled violently, moving from an enthusiastic start-up to a scaled-up political venture.
Successful businesses can often track the beginnings back to harebrained ideas tossed about over a bottle of wine among friends, developing into something with potential that eventually becomes a much bigger entity.