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William Crawley | 00:21 UK time, Wednesday, 7 January 2009

Cardinal Cormac Murphy O'Connor's obituary for capitalism, delivered amid the art deco splendour of Claridge's in the heart of London's Mayfair, reminds Portwyne of the story told by a friend returning from a conference in Ashford Castle:

"An American fellow delegate asked her if she knew why there were so many clergy in the hotel. She replied that they were there attending a forum on Holy Poverty. The American replied, 'Gee, I'd sure like to be around when those guys are discussing clerical celibacy'."

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