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Quinn take over

jimbobaloobob · 2011-04-14 12:20:41

Im sure theres other posts on this but i dont know where to find them move it if necessary What do people think of the Quinn Family being left with a 3 billion debt that Mike Ainsley said would have parts of it written off?

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#32 11-01-2015 3:19pm
handlemaster

Registered Users Posts: 6,003 ✭✭✭

Join Date: June 2010

Posts: 5568

Patrick 2010... thats the story ... but where has the money come from... banks dont throw out a loan without the investor putting up cash real money not the back of the sofa type

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#33 16-01-2015 1:37pm
dubrov

Registered Users Posts: 3,557 ✭✭✭

Join Date: July 2006

Posts: 3525

Sorry to see Quinn back in business. I've no doubt the foreign money backing QBRC is controlled by Quinn.

Quinn's case really highlights how the legal system is not working when it comes to recovery of debt.
It seems anyone can move their assets to husbands/wives/children/friends/abroad while simultaneously writing off their debts.

Once you become rich, you will never be poor in this country irrespective of how many poor decisions you make.
Joe taxpayer is always there to pick up the bill.

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