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Who thinks Sean Quinn is a great businessman now?

lazygal

http://www.irishtimes.com/newspaper/breaking/2011/1111/breaking26.html

Declared bankrupt in Northern Ireland today. I hope all of those who defended him as a great businessman who did so much for his home region cop on now and recognise how much damage his speculation did to the country.

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jmayo

syklops wrote: »

We lost a lot of things during the boom, but its nice to see we didnt lose everything. Things like begrudgery and the delight we have at seeing people who tried, fail.
...

And isn't it sad to see that after everything that has happened there are still people like you who still look up to chancers who get to siphon their money off to family members before walking away from their debts and leaving the ordinary taxpayers of the country counting the cost of them ?

lazygal wrote: »

He broke the rules associated with running an insurance company and invested far too heavily in one bank, Anglo, to the detriment of his other businesses. That's fact, not begrudery.

Correction "to the DETRIMENT of the people of this country".

Lemlin wrote: »

No, you'll find there are people who appreciate that the man brought jobs to the region at a time when the IDA brought none. Plenty of these people are also still in employment.

Using your argument seanie fitz and fingers fingelton deserve respect.
Sure look at all the jobs they created and all the people they helped with loans.

foxyboxer

You can have all the billions in the world but once your reputation is destroyed you're no-one.

A gambler whose luck ran out.

orourkeda

Lemlin wrote: »

No, you'll find there are people who appreciate that the man brought jobs to the region at a time when the IDA brought none. Plenty of these people are also still in employment.

Plenty of them lost these jobs through mismanagemnet and financial recklessness

Lemlin

Robbo wrote: »

And there are Drumlins Have Eyes style characters in the border counties who still think he's a demi-god because "he got the cousin a job making tay in the quarry".

No, you'll find there are people who appreciate that the man brought jobs to the region at a time when the IDA brought none. Plenty of these people are also still in employment.

spider guardian

I can't see him queueing up at a soup-kitchen any time soon

Robbo

syklops wrote: »

We lost a lot of things during the boom, but its nice to see we didnt lose everything. Things like begrudgery and the delight we have at seeing people who tried, fail.

Stay proud lazygal.

And there are Drumlins Have Eyes style characters in the border counties who still think he's a demi-god because "he got the cousin a job making tay in the quarry".

Howjoe1

There are bankrupt ordinary citizens who struggle to put food on the table for their children.

Quinn through a complicated maze has put all his assets in family member names and moved them off shore.

Is he penniless? i don't believe so. Is he still a millionaire? i think so.

Is that €2.8 BILLION that is owed to Anglo Irish Bank, that State has gauranteed in our names as citizens, for which we suffer cuts to pay the Bond Holders, are we not to see I penny of it?

AM I feeling sorry for Quinn? No

Just another black day in this Banana Republic.

AnonoBoy

orourkeda wrote: »

Yeah. Presumably irish bankruptcy laws dont suit him. He is from Fermanagh if that changes thongs

Yes being from Fermanagh has a great influence on changing underwear.

In before ninja edit!

orourkeda

smash wrote: »

So he's allowed pay his tax in the republic of Ireland and banks with an Irish bank, but is allowed declare himself bankrupt under UK law?

Is that right?

Yeah. Presumably irish bankruptcy laws dont suit him. He is from Fermanagh if that changes things

CardBordWindow

He was once Ireland's richest man, now his family members are! Declared bankrupt so now he has no debt. Well played sir, well played.

smash

So he's allowed pay his tax in the republic of Ireland and banks with an Irish bank, but is allowed declare himself bankrupt under UK law?

Is that right?

I Heart Internet

Once heard him boast that he had never done a feasibility study in his life. Just dived in. No **** Sean????

Turnstyle

If it was another first world country he would be in prison for what he done, not here though... nice of him to keep sifting away offshore assets at the cost of Irish taxpayers, true hero alright :rolleyes:

ronaneire

It's all about the dum dum duh dee dum dum

https://www.youtube.com/watch?v=B6JAJVAGC9M

orourkeda

syklops wrote: »

We lost a lot of things during the boom, but its nice to see we didnt lose everything. Things like begrudgery and the delight we have at seeing people who tried, fail.

Stay proud lazygal.

Is he to be congratulated for managing to bankrupt himself despite being ireland richest man at one point?

lazygal

syklops wrote: »

We lost a lot of things during the boom, but its nice to see we didnt lose everything. Things like begrudgery and the delight we have at seeing people who tried, fail.

Stay proud lazygal.

He broke the rules associated with running an insurance company and invested far too heavily in one bank, Anglo, to the detriment of his other businesses. That's fact, not begrudery.

ejmaztec

He'll be back in business in a year.

FetchTheGin

Well played by Quinn.

Only has to wait a year before he is back in business, considering his family have most of his assets, I doubt if this will have any profound effect on him.

Sad but true.

syklops

We lost a lot of things during the boom, but its nice to see we didnt lose everything. Things like begrudgery and the delight we have at seeing people who tried, fail.

Stay proud lazygal.

orourkeda

I worked for him for 6 years.

This is no surprise