The only thing I would question is the fact that the Anglo people (Dunne and Fitzpatrick) knowingly gave Quinn false information as to Anglo being stable and safe when it certainly was not and neither suffered in the way Quinn did. Quinn being taken down suited a lot of other businesses with backers close to Governmant too.
This thread is almost as interesting as the program. No doubt in my mind the days of reckoning are fast drawing for many a character in those badlands. Plenty more of Quinns and his like. Will we even find out about them, methinks so.
As far as I'm aware, Quinn supplied concrete to the redevelopment of croke park when it started in the mid 90s. Interesting to know, based on his piece about customs and road closures, how he was able to take loads of ready-mix to Dublin so readily. Don't see an IRA link but seems to have been able to get things done that others could not
The ads for it alone show what it'll be like. Him sitting there looking into the camera telling lies trying to turn the public narrative back in his favour. No thanks
I missed that bit. You are 100% correct there. The model was, insure anybody and fight and drive down any payout. So he was lying if he said that.
It’s 5, Jack, joker, ace of hearts from what i remember of playing it down there.
There is plenty of other stuff about that particular priest apart from this. He's not liked by many in that area and it's nothing to do with Quinn.
This may be already answered as I haven’t skipped to the end.
If the 5 of trump is worth ten and you’re playing a 5 card game, that only makes 30 a hand.
I’ve played 35 before but it’s a 7 card game. Don’t think I’ve ever played with the joker, must ask my mum.
Do lads think the IRA set up Sean Quinn? I can't see it tbh, in the 70s n 80s the ra had lads robbing banks etc to keep the show on the road. Putting millions in Quinn back then is scarcely believable. Fair enough the last 20 years could be credible.
I know lads that made it massive in the Celtic tiger that started with a digger n 8 wheeler, nearly all went bang when it calved. There is/ was serious dough in that game. It's more down to grit n determination than brains imo. The likes of Quinn would have seen buying n selling in the mart since he was knee high, you can't learn that stuff in college.
Jason Brennan and Kevin Larney did an outstanding series of podcasts on Quinn last year - went a lot deeper than RTE seem to have done. Some of the details they described around Quinn and the family tried to hide their money in Eastern Europe are ridiculous that they are almost hard to believe.
Blaming the regulators is a cop-out - Quinn's subsequent behaviour has shown that the contempt he had for any authorities trying to tell him what to do.
His downfall came from ego getting the better of him - he assumed because he was successful in his own area of expertise that he'd be able to apply his golden touch to whatever he wanted. He gambled massively and lost, and has now spend the best part of a decade and a half blaming everyone but himself for it.
One part I found amusing was where he said that quinn insurance became successful because when a claim came in, they just paid the money people were looking for and moved on.
Completely false, Quinn were successful because 1. they were cheap (esp. for younger drivers) and 2. they were absolute bastards to get money out of. They certainly didn't just give people what they wanted
It's a bit telling that he would casually spin it the other way
Mod - This thread was started over a decade ago, before there was a CA forum. AH is not the place for it, especially since it's revival in recent days (beginning on page 18)
Moved to CA
Sean Quinn
Sean Dunne
Sean Fitzpatrick
The government was in favour of light touch regulation which is why it was so easy to get mortgage approval.
The banking regulator appears to have been completely unaware of the dealings within the banks - didn't Neary claim that the banks were all solvent on the night of the big bailout.
The absence of proper governance allowed for Quinn to try and do what he did. The man was a greedy fecker but had there been proper governance, he would not have been able to borrow billions from Anglo to try with the intent of buying Anglo. The absence of any sense of governance was why Quinn Insurance was operating with insuffucient reserves and was providing intra-business loans, etc.
You blanch are trying to restrict the conversation here, and to direct it to your usual soapboxing and we know why. You talk about 'omerta' on Quinn's side and ignore the very clear 'omerta' on the other side. As usual you don't want the full facts, you want the facts filtered through your own bias and agenda. Typical to be perfectly honest.
Was this 'omerta'?
In 2015, billionaire Denis O'Brien successfully applied for an injunction against RTÉ preventing the state broadcaster from airing a report on how O'Brien was receiving, with the direct permission of former CEO of the Irish Bank Resolution Corporation (IBRC)—the former Anglo Irish Bank, a rate of approximately 1.25% when IBRC should have been charging 7.5%. This in turn led to outstanding sums of upwards of €500 million. O'Brien then wrote to special liquidator Kieran Wallace to demand that these same favourable terms that were granted him by way of verbal agreement be continued. The Irish government later appointed Kieran Wallace to conduct an investigation into these same dealings. Wallace then cooperated with IBRC and Denis O'Brien to seek an injunction in Ireland's High Court to hide this information from the public.[85] High Court judge Donald Binchy granted O'Brien the injunction and told the court that certain elements of the judgment would have to be redacted. The Irish media therefore could not report on details of the injunction.[86]
Catherine Murphy's involvement[edit]
Catherine Murphy, TD, attempted to raise the issue in the Dáil on 27 May 2015. Seán Barrett ruled her contributions "out of order".[87] Murphy attempted to raise the matter again the following day, this time with more success.[88] Lawyers acting for O'Brien immediately forced the country's media to censor its own coverage, with some media outlets confirming they had received warnings from O'Brien's lawyers.[89] RTÉ reporter Philip Boucher-Hayes tweeted that Drivetime would play Murphy's speech; in the event, Murphy's speech was not broadcast and his tweet was later deleted.[85] Tonight with Vincent Browne (with Browne absent and instead moderated by Ger Colleran, editor of INM's Irish Daily Star) featured Colleran reading a statement from TV3 management asserting that no discussion about Murphy's comments would be allowed following letters from O'Brien's lawyers.[85] Foreign commentators covering these events for the international media suggested Irish democracy had been "wiped away at a stroke".[90]
I stand by my contention that Quinn was profoundly wrong and what he did when he went after the Bank deserves no support, but he clearly was outside the circle the wagons in this country were circled around.
Or there are people a bit in between.
Many people messed up for what happened to have happened - these people have suffered no real direct consequences (no worse that the rest of us) for not doing their jobs correctly.
Quinn is a good distraction from that very thing - that doesn't absolve him of blame - but the bigger picture needs to be kept in mind.
He was a man who was extremely lucky with planning permissions, so probably true that he thought he could bulldoze a fairyfort.
What government regulation at the time made it easier than it is now for Sean Quinn to lose billions on CFDs?
The lad had billions and wanted more billions. Can’t blame Bertie or the Government for that.
Is it true that he bulldozed a fairyfort or is that an oul sceal?, I have one myself and would never touch it with machinery to be honest
You are the King of Whataboutery when it comes to defending those you support. Your total contribution to the thread has consisted of whatabout everyone else. Regulators can only act on information they have available. Criminals that build up secret shares through CFDs are by definition information that is not available to regulators, so whatabouting the regulator as your posts have consistently done is defending Quinn.
The cracks in the “see no evil, speak no evil” stuff that was accepted for years up there? Slab Murphy, Crossmaglen, the torture and murder of Paul Quinn, Aaron Brady, diesel washing, illegal landfill, cigarette smuggling, the odd punishment beating, good republicans etc?
Cracks appearing, Francie. The old military discipline is disappearing.
I think that you are seeing what you choose to see.
Francie is correct to say that Quinn contributed to the crash. He is also correct to point out that Quinn managed to gamble as much as he did because our then governments favoured light-touch regulation.
Now stop trying to get your petty anti-SF wins because it really is a pain in the hole having to read through them!
Where have I defended what he did?
Go back under your rock with the nonsense blanch. The desparation is more than apparent.
Get back to us when this happens.
The Quinn family omerta makes the Italian mafia and the PIRA look like all-singing choirboys.
Funny that you defend him after those slates have been lifted. Let's keep lifting the slates, I say.
Whose fault is it that he and others haven't been convicted? Why hasn't he and many others involved in this faced trial for what they did?
Quinn contributed to the crash, he certainly is not responsible for the regulatory and oversight incompetance (criminality I would contend) that allowed this and other things to happen.
The wagons were circled to protect and Sean wasn't in that circle.
In my opinion they all should have served time for what they did and didn't do. But this is Ireland of the power swap, true accountability does not exist, this we know to our cost.
Yet is the key word in your post. A whale only gets harpooned when it comes up to blow. The cracks in the old border omertà are starting to become obvious.
'Slates' have been lifted for most of a decade now as regards Quinn...nothing yet to link the Shinners to what happened. But keep up the low level insinuation or get better 'dogs', a chara.
He went to jail for contempt of court, not on conviction for his deeds. He wasn't the only one who took that option to avoid paying the full price.