what has happened to that family just shows that money and success are not the be all and end all! extreme wealth has the potential to destroy your life and reputation!
cant say i feel sorry for Sean Quinn. It seems he has done everything he can to keep foreign assets from the reach of debtors!
he only has himself to blame! greed is a terrible thing
Too true he would have still been a very wealthy man if he had of stopped trying to make more and more . He was very foolish and its good to see that the super wealthy have got burned by anglo irish . I just hope we see more of them loose alot for inflicting the state with that crap hole of a bank .
Oh how the mighty have fallen. That sounds a bit mean but with the way things are in this country at the minute it is so hard to feel anything but annoyance at the Quinn family.
I mean I suppose its only natural that they are trying to keep assets out of the banks hands but when you read that his children can't manage to live on 2 grand a week it just raises my blood pressure slightly.
I don't know (sure it has though) if it's been mentioned but what the absolute fúck would be the point of imposing fines on these bankrupt cúnts? Jail please.
Wonder what would happen in America, he's still largely treated with a massive amount of undeserved consideration.
Jail and fines. !
He'll have money stashed away or his family will. the whole bankrupcy system in ireland is not fit for purpose. See sean fitzpatrick + wife for example.
Looks like he Was a good businessman, but a lousy gambler, or maybe it was all going down the tubes and he tried the big punt on Anglo to bale out the empire.
Either way it seems plain crazy with hindsight.
were you ever as rich as him? Just a question. he may have gotten greedy, but have you had his bank balance ever appear on your atm card
Sean Quinn was unable to transfer the requested funds to IBRC as his account was affected by the Ulsterbank debacle.
The fact that he made one terrible investment should not take away from the fact that at one time he was one of Irelands greatest success stories and provided employment for thousands of Irish people.
Yes his legacy is tarnished.
Yes the taxpayer is getting hit for his gamble and we are angry.
Yes he is trying to hide assets to provide for his family down the line (most of us would do the same) that will have to be covered by the taxpayer for whatever he manages to hide away.
Yes he is a great businessman. That is the question that was asked!
Should he go to jail for the anglo investment - absolutely not.
Should he go to jail for defying a high court order and doing crap like selling e15m worth of property for a laptop - yes.
Will he spend a reasonable amount of time - will he fcuk, appeal appeal after appeal from solicitor mates working pro bono will make sure of that.
Well, any supporters willing to weigh in now?
Anyone could be a success story if they could borrow money without having to worry about paying it back.
I think the three of them should have been jailed because they were either not guilty or all guilty of contempt but I do have some sympathy for his statement that he never borrowed money from the Irish Tax payer,it was the goverment who turned it in to our debt and he could not have forseen that.
So people in Cava,Leitrim etc. spoiled their votes in the childrens referendum with remarks supporting Sean Quinn. Sean Quinn by his own addmission gave the go-ahead to strip assets so his debtors could not get their hands on them. He did that for his children so he said. He wants his children to live the life of millionaires despite the fact he gambolled away the money. He does not care how his actions affect the children of others. Sad that those people who spoiled their votes in his support appear to
think that its more important to help him hold on to the money for his children then to protect the rights of children generally in this country