Saying it doesn't make it true.
Not everyone in that area thinks he is a god.
Capitalism for the poor, socialism for the rich.
I always find it a tad ironic that when a financial problem gets big enough we abandon capitalism and adopt socialism instead, ie, most of us end up having to pay for the bloody mess.
Major risk taker which a lot of successful business people are. I'm sure there are many of us with good business ideas but don't have that trait to throw everything at it.
Is biggest strength (his fearlessness) was ultimately his downfall.
On one sense, I have great respect for what he built and the jobs he created in that area but unfortunately that has been tainted by some of the more recent going ons you there. I do like a break at the Slieve Russell though. Nice an convenient to escape Dublin every so often.
He gambled the lot n lost and thems the breaks, but surely there was a insurance regulator to ensure insurance companies had enough dough for future claims? I take it he's another Patrick neary asleep at the wheel n pensioned off n on a 6 figure pension!
Woah, be careful what you say there - seemingly some folk on here do not believe that there was crap financial regulation at the time that led up to the financial crisis!
Not saying that at all. Not from the area, have no connection with him or no sympathy for what seems on the surface absolutely baffling business decisions around the time of the crash.
Just think it’s being over egged the impact that his greed/ stupidity whatever had on the level of destruction to our economy. It was far bigger than him.
His apparent level of delusion and victim complex shown last night I completely agree with the ridiculing of. And I assume maybe more sinister stuff to come tonight and tomorrow.
My in-laws from the west all had to head to the UK, states etc in the 70s for work. I can see how he was a hero to the locals there as without him their kids would be gone too. There was no multinationals queuing up back then.
Not hard to tell where your from.
Shur he’s a great man.
I'm saying exactly what I said.
" He'll have the Russell back within 12 months "
As Dirty Harry used to say "a man has to know his limitations" and he didn't
As he said himself he always found it easy to run a business
That was his strength running multiple businesses , he should have stuck to it, instead he jumped into the shark pool and got eaten
Did he cause the financial crash on 08 with his gamble? Or did we bail out German financial system?
They lost very little compared to Quinn and they were the people who told lies and mislead Quinn. How much did they lose?
Either way I don't have a lot of sympathy for Quinn as he had everything and let greed lead him astray.
LOL. Sure he has no money.
Are you saying that he lied to the courts when he entered his insolvency proceedings?
We're very forgetful as a country around this stuff.
And it will end up staying forever. Similar to USC.
He'll have the Russell back within 12 months.
I am hoping that some of the lingering shots of the quarries are a prelude to an examination of the unlawful environmental destruction he was engaged in.
I wouldn't say shortsighted. It'll only be a disaster if they don't challenge the narrative that Quinn is trying to build in the first episode. If it's going to be a PR platform for Quinn then it'll be shocking that the state broadcaster could air it.
I think though there are signs from the first episode that they will have a more balanced angle on it. His ban from the Slieve Russell would be a good place to start.
Wonder how familiar the man on the street is with the Insurance Levy, which came directly from state bailout for Quinn Insurance. Thats what it means for us today.
Shortsighted of RTE to give him a platform.
Ignorance, Arrogance and Ego.
And he had no real knowledge of the banking sector. He had no idea about exposure. He was ready for the complexities of banking and I'd imagine he though the government would save him too.
He really should gone all in on property and he'd have been fine.
Yet apparently SQ was incapable of knowing that going ball5 deep in Anglo was risk suicide , someone should have protected him from himself?
a man who prided himself on self reliance and doing things his way was now apparently to be guided like a toddler wandering into moving traffic
Quite probably. While Martin is doing a relatively good job, I can never vote for FF until the generation that oversaw the 2000-2008 period are gone.
The kids look to be the real ones who lost. From the possibility of inheriting billions to losing literally everything. Reading a few articles on it there and they had mortgages etc which they needed to hand in documents to the courts.
I'd say there have been some serious falling outs.
Could be true then, I think it was 10 years ago I stumbled on it. Entirely unexpected at the time.
I lost all respect for him when I saw him serving Budweiser. A billionaire serving bud. FFS
And I'd nearly wager a bet they are all good Fianna Fail men.
Any idea what he is worth now? Yes he has a betting company so he is now making money off the backs of peoples misery I suppose.
I'd say the mansion is a mill stone. Imagine looking across at the Hotel and golf course every morning knowing that you built it but are no longer welcome or wanted there.
This documentary will only give us so much. It's the local people who wouldn't dare appear on it for fear of provo backlash that would really enlighten you to his underhandedness.
That is pretty mad, I hadn't heard of that before. It is in the Republic, but you can see the UK road signs on Google Street View. And it has a speed limit of 65km/h, which isn't a standard here. There's barriers the length of it that can be closed, and there's signs at some points saying the road closes at 5.30 PM. But the Google Street View car obviously drove it, so there must be public access. The Anglo Celt claims it did get permission in 2003, but you'd have to wonder about how robust that process was to allow a 10km private road across a mountain. (https://www.anglocelt.ie/2021/09/23/mannok-hopes-to-continue-quarrying-for-20-years/)
Yah you don't put all your money in one company.
Also in one of his books Warren Buffett advised never to buy bank shares because you will never be able to get a true picture of their internal financials from the outside.
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