Quinns are stealing OUR money

bbuzz

Just watching a documentary on BBC2 now how the Quinns are siphoning off money from the Quinn Property Group are shifting ownership of property across the world and stopping the IBRC from taking control and getting rent.

Now I'm no big fan of the IBRC at all, but at the end of the day it's our money that they are stealing from us, Peter Quinn even admitted that they are trying to move property away from the government.

I find this despicable and it's really angered me how, when the country is suffering so much that these people are trying to take huge sums of money of the already cash-strapped state, and ultimately it's the tax payer that ends up paying.

http://www.independent.ie/national-news/ibrc-claims-asset-conspiracy-in-quinn-case-3101472.html

El Weirdo

...and he's shit as a co-commentator on Sky Sports.

Fighting Irish

bbuzz wrote: »

Just watching a documentary on BBC2 now how the Quinns are siphoning off money from the Quinn Property Group are shifting ownership of property across the world and stopping the IBRC from taking control and getting rent.

Now I'm no big fan of the IBRC at all, but at the end of the day it's our money that they are stealing from us, Peter Quinn even admitted that they are trying to move property away from the government.

I find this despicable and it's really angered me how, when the country is suffering so much that these people are trying to take huge sums of money of the already cash-strapped state, and ultimately it's the tax payer that ends up paying.

http://www.independent.ie/national-news/ibrc-claims-asset-conspiracy-in-quinn-case-3101472.html

If i were them, i'd do the same thing!

Pottler

Fighting Irish wrote: »

If i were them, i'd do the same thing!

so would everyone else, but it won't stop everyone else whinging when it's someone else doing it.

Fighting Irish

Pottler wrote: »

so would everyone else, but it won't stop everyone else whinging when it's someone else doing it.

but i have a mortgage....

tony1kenobi

It's not my money.I'd feel them rooting around in my sock.

stovelid

Pottler wrote: »

so would everyone else,

No they wouldn't.

3rdDegree

Pottler wrote: »

Fighting Irish wrote: »

If i were them, i'd do the same thing!

so would everyone else, but it won't stop everyone else whinging when it's someone else doing it.

So you condone some one trying to steal billions from you, your children and their children?

tony1kenobi

Fighting Irish wrote: »

If i were them, i'd do the same thing!

Congratulations on being a billionaire.

Fighting Irish

3rdDegree wrote: »

So you condone some one trying to steal billions from you, your children and their children?

Yep

true

bbuzz wrote: »

Just watching a documentary on BBC2 now how the Quinns are siphoning off money from the Quinn Property Group are shifting ownership of property across the world and stopping the IBRC from taking control and getting rent.

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

wendell borton

saw that doc. last night the ibrc are never getting that money but it left me asking the question if the quinns are smart enough to be able to hold on to their property investments how did they get suckered by that shyster seanie fitzpatrick?

3rdDegree

Fighting Irish wrote: »

3rdDegree wrote: »

So you condone some one trying to steal billions from you, your children and their children?

Yep

I can't argue with that! You're a very generous fellow.

3rdDegree

tony1kenobi wrote: »

It's not my money.I'd feel them rooting around in my sock.

it will all be coming out of your taxes and or dole.

ToddyDoody

I thought we irish all loved the type of guy who did this i.e. the cute hoor.

bbuzz

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

Are you saying that the developers that "worked hard for it and their companies paid hundreds of millions of euro of tax along the way" didn't screw up our economy?

The Quinns were the ones who bought the shares in Anglo, no-one forced them to. They got greedy and they're clearly not penniless, Sean Jr. just got married at the K Club last week. So why are they trying to screw the Irish tax payer out of €500 million of property?

ArtSmart

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

especially the public service.

Those damned nurses/teachers/garda!!!!!

why the hell didnt they say 'hey Mr Quinn, don't try to double your huge amounts of money on a share gamble! Leave that bank alone!"

hey, i hear a song coming

'hey teachers, leave that bank alone"

whatcha think?

3rdDegree

wendell borton wrote: »

saw that doc. last night the ibrc are never getting that money but it left me asking the question if the quinns are smart enough to be able to hold on to their property investments how did they get suckered by that shyster seanie fitzpatrick?

Quinn was in it up to his neck, and now just like everyone else, he doesn't want to pay back what he owes. So instead, we'll all pay it for him.

To be fair, they did create a lot of employment. Bit they still owe us 4 billion and we will never see a penny of it. I can assure you there will be a lot of people losing the roofs over their heads because of the mess people like Quinn created, but Quinn won't be one of them.

If it can be shown they're in contempt of court they should be held until every last cent has been accounted for and transferred back to where it should be.

Ronin247

Sean Quinn made investments in Anglo who "may" have shown him a set of cooked books on which he based his decisions to invest......

None of the bankers who cooked the books and hid debts of billions by transferring loans between each other will ever be prosecuted

Quinn made no agreements with the people of Ireland,he made the agreements with Anglo,Brian Lenihan signed you and me up to cover the banks bad investments

The multi national bondholders made private investments in Anglo and the government has agreed to pay them back with......taxpayers (our)money.

Quinn will be in a legal fight with the government for the rest of his life.

Sean Quinn got greedy and the bankers made a complete fool out of him,he will never go hungry but I have very little sympathy for him,however the blame lies clearly( IMHO) with our government who signed us up to cover private bondholder losses.

davetherave

3rdDegree wrote: »

So you condone some one trying to steal billions from you, your children and their children?

Wait.....I have billions of euro and/or pounds lying around for people to steal????

Ara sure if I am that rich then all they need do is ask, I can afford to be giving it away. Anybody want a £10 note? Comes with her majesty's head on it and all... :pac:

wendell borton

Anglo irish bank is realy to blame in all this, in one day alone they loaned €1bn to quinn to buy shares in anglo. The quinns are now in the process of bringing anglo to court over receiving these loans. Equally to blame is the complete lack of regulation.

Zebra3

3rdDegree wrote: »

So you condone some one trying to steal billions from you, your children and their children?

Irish people done this in their droves at the last general election, voting for parties who supported the shifting of private debt onto the taxpayer.

Fighting Irish

stovelid wrote: »

No they wouldn't.

take advantage of s stupid system and stupid people, the majority of people would

fasttalkerchat

I firmly believe Sean Quinn when he said he would have paid back everything until they took Quinn Insurance.
They had no right to do that and fair play to him for having the balls to stand up to them.

He's a cute whure!

true

wendell borton wrote: »

Anglo irish bank is realy to blame in all this, in one day alone they loaned €1bn to quinn to buy shares in anglo. The quinns are now in the process of bringing anglo to court over receiving these loans. Equally to blame is the complete lack of regulation.

If the central bank, regulator and relevant public servants had done their job properly.......

Fighting Irish

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

The people of this country also played a huge roll!

true

Ronin247 wrote: »

Sean Quinn made investments in Anglo who "may" have shown him a set of cooked books on which he based his decisions to invest......

He thought banks here were properly regulated, just because banks in the UK ( the jurisdiction where he was from ) were properly regulated.
Quinn trusted the financial system in this 26 county statelet, thats the mistake he made.
He should have stayed in the North.

K-9

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

And gambled it away on contracts for differences.

He suffered the biggest ever single loss in CFD's ever recorded in the world, on some jumped up bank in Ireland. Warren Buffet suffered bigger losses over a longer period of time but also actually made money out of them.

He got into things he didn't understand and didn't have a clue who or what he was taking on.

true

K-9 wrote: »

And gambled it away on contracts for differences.

He suffered the biggest ever single loss in CFD's ever recorded in the world, on some jumped up bank in Ireland.

but he still thought banks here were properly regulated, just because banks in the UK ( the jurisdiction where he was from ) were properly regulated.
Quinn trusted the financial system in this 26 county statelet, thats the mistake he made. Fitzpatrick and Anglo diddled their books, not just them but Irish Nationwide used to "Bed and Breakfast loans" too etc. They ran rings around the regulator and central bank, who werre asleep on the job.
If the government had done their job properly....

StupidLikeAFox

Sean Quinn is only out for Sean Quinn.

The courts seem to be well onto him so if he did anything illegal he will hopefully pay the price, along with his son and nephew. Its not going to happen overnight unfortunately

tommyboy2222

He got into things he didn't understand and didn't have a clue who or what he was taking on.

One of those things being insurance.

We are all paying 2% extra on our general insurance policies due to the 600 million in debts left by the mismanagement of Quinn Insurance.

https://www.youtube.com/watch?v=Sg-CK0Teark

true

ColHol wrote: »

Sean Quinn is only out for Sean Quinn.

he created thousands of jobs and paid a lot of tax to the government in his time.

a lot better than the lazy f****rs who take money the whole time anyway while never having done anything productive in their life.

K-9

true wrote: »

but he still thought banks here were properly regulated, just because banks in the UK ( the jurisdiction where he was from ) were properly regulated.
Quinn trusted the financial system in this 26 county statelet, thats the mistake he made. Fitzpatrick and Anglo diddled their books, not just them but Irish Nationwide used to "Bed and Breakfast loans" too etc. They ran rings around the regulator and central bank, who werre asleep on the job.
If the government had done their job properly....

Alarm bells were there about Anglo in 07 if people wanted to see them. He didn't. Plenty lost fortunes on Anglo shares and could blame the regulator, couldn't hide assets though.

true

true wrote: »

but he still thought banks here were properly regulated, just because banks in the UK ( the jurisdiction where he was from ) were properly regulated.
Quinn trusted the financial system in this 26 county statelet, thats the mistake he made. Fitzpatrick and Anglo diddled their books, not just them but Irish Nationwide used to "Bed and Breakfast loans" too etc. They ran rings around the regulator and central bank, who werre asleep on the job.
If the government had done their job properly....

LOL.

StupidLikeAFox

true wrote: »

he created thousands of jobs and paid a lot of tax to the government in his time.

Fair play to him for it. This does not excuse the fact that he owes a lot of money. According to tonights program he has hidden this money fraudulently and he cant be allowed to get away with that either

_AVALANCHE_

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

LOL, STOP IT, my side, you're killing me.:pac:

ihateusernames

I couldnt give a f*ck how many jobs he created from nothing. Thats not the issue. We have out lowest level of unemployment when Bertie Ahearn was in charge so do we let him off and say "ahh sure didnt he do well"?

No we dont, Quinn gambled and lost. But i dont want to pay a cent to repay his and his ilks loses but I have to with increased taxes and charges. And I'm insulted that he wants to live in luxery while people less fortunate are f*cking smashed paying extra taxes and charges with money they cant hide through a miriad of transactions

true

true wrote: »

he created thousands of jobs and paid a lot of tax to the government in his time.

a lot better than the lazy f****rs who take money the whole time anyway while never having done anything productive in their life.

he was part of a government sponsored oligopoly - dont you remember how expensive car insurance was ? Its is still an oligopoly and is still extortionate

mdoyler2

This mess was enviable after Anglo was nationalized; the single biggest mistake ever made in the history of this State. The Regulator, Dept of Finance, the Government and their advisors are to blame for that, not Sean Quinn. The Government and Dept of Finance can’t now claim they are looking after taxpayers interests, after throwing them under the bus in the first place.

I would do exactly the same as Quinn if I was in his position; it disgusts me the attitude of the Government/Dept of Finance, proclaiming they are chasing taxpayers money, while paying international bondholders and hedge funds a 100 cent to Euro of the Anglo Debt ([URL="javascript:void(0);"]that’s[/URL] taxpayers money). It’s all smoke and mirrors with Anglo; they are solely motivated by PR and not taxpayers interests. This should never have been our mess, but thanks to the Government and Dept of Finance it is, so the repercussions to come from nationalizing that bloody bank should land on their door.

BTW, a couple interesting points:
• Paul Gallagher the Attorney General (Government Advisor) at the time of the Bank Guarantee and Nationalisaton of Anglo is now Anglos lead Counsel against Quinn.
• Its appears that Anglo never lent any money to properties in Russia and the Ukraine, as all the money from Anglo went on [URL="javascript:void(0);"]CFD’s[/URL]. This might explain why they are having trouble getting control of the companies.
• The bank lent €2.4billion+ to support the 25%+ [URL="javascript:void(0);"]CFD[/URL] position on its own shares. I’m no lawyer, but that has to illegal, plain and simple. Yet nobody has faced any questioning over that, and even worse the Bank are now trying block a case running that will seek full discovery of what happened, disgusting. The Government was aware Quinn had borrowings of 2.8bn prior to nationalising the bank.

ilovemybrick

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

It was people like the Quinn family who f***ed it up. Paying tax doesn't excuse their actions now.

prinz

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way..

I tried showing my P60 to Paddy Power after Cheltenham but for some reason they wouldn't give me my money back... apparently paying taxes isn't a get out of jail free card when it comes to gambling debts.

true wrote: »

...Quinn trusted the financial system in this 26 county statelet, thats the mistake he made. He should have stayed in the North.

LOL. That's one I haven't heard before. Sean Quinn, the poor UK dimwit hoodwinked by the Irish. Perhaps he should've confined himself to playing roulette with the money of people in the North too, then we wouldn't have to deal with the bollix at all.

k.p.h

Sean Q, Seanie Fitz and The Governments of Ireland. All inept ****ers. Put them in bed together and there was always going to be only one outcome, a big ****ing mess.

Robbo

In before, "ah shure he created the only jobs outside of subsistence farming and diesel laundering in the border counties, the man's a saint".

prinz

Robbo wrote: »

In before, "ah shure he created the only jobs outside of subsistence farming and diesel laundering in the border counties, the man's a saint".

Too late.

Pottler

3rdDegree wrote: »

So you condone some one trying to steal billions from you, your children and their children?

Yes, yes I do. (actually no, no I don't, I am incandescent with rage and some of my hair just fell out worrying about it). FFS, what do you want me to do, head up to Cavan and kick the b0llix out of him? I have other feckers rooting round in my pockets looking for household charges, septic tank charges, Income tax bills, Car tax, PRSI, ESB bills, Phone bills, Car Insurance, clothes from TK Max, handbag taxes from the missus, Sky, endless diesel and petrol- how do you expect me to get excited by Quinn sticking his paw in and rummaging through my fivers? His hands must be nice and soft anyway cos I hardly feel them - all the others are far more brazen about it..one just tugged my flute by mistake..that must be Sky...

Pal

These guys are filling their boots with Irish taxpayer money, hiring armed goons to keep us off our own property, selling things they don't own at knockdown cash only prices, hiding millions in tin boxes in countries you never heard of and claiming to be victims of a nasty bank whose only agenda was to ruin them.

Who makes up this sh!te anyway ?

And they all lived happily ever after.

woodoo

true wrote: »

The Quinns started from nothing, worked hard for it and their companies paid hundreds of millions of euro of tax along the way. I do not think they deserve to be left penniless on the side of the road because the politicians, banks and public service f***ed up our economy.

You are reading too much sunday independent. The greedy developers should take the place of the public sector in your rant above.

oldyouth

The man worked hard and made a fortune. Apparently, it wasn't enough for him that he had amassed more money than he could spend in a lifetime and blew it all at the bookies. Now he wants to claim that he 'didn't mean it' and wants his stake back. Sorry Sean, your failed ego trip means my children will pay for your losses and I hope you get what's coming to you.