Galtee wrote: » I still think he's a great business man. He did you a favour, when you've built up your own multi billion euro group then you can learn from his mistakes and not lose it all.
edgecutter wrote: » He showed initiative and did something that many of us would be too afraid to do. We need more people like him to get this country working again and we should never be proud that he failed.
Galtee wrote: » He did you a favour
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.
lazygal wrote: » What favour exactly? The insurance levy we all have to pay? The €2.8 billion he owes to Anglo? Or the insurance business which didn't have enough to cover itself financially?
CardBordWindow wrote: » 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 wrote: » Yea, he made sure we all have to pay an extra % on top of our insurance premiums to cover his losses.
Galtee wrote: » It's easy criticise someone else from your when they fail, but at least he had built up a massive business from very little. It's better to have loved and lost and all that yadi ya ya.
lazygal wrote: » WFT??? He is costing all of us money! ALL OF US ARE PAYING FOR HIS MEGLOMANIA AND LACK OF ANY SENSE OF RESPONSIBILITY!
Galtee wrote: » And whats excuse are all the other insurance companies who have been raising their rates for the last 4 yrs using?
Galtee wrote: » How? His losses are personal losses not group losses. That's why he's declaring himself bankrupt.
smash wrote: » I fail to see how that has anything to do with the fact that we're forking him out for billions. Other companies increase their rates to cover costs or losses but it only comes back on their customers and not a whole country. And for the record, my insurance premium went down this year, not up.
Galtee wrote: » I don't understand. explain it to me how Quinns dealings with Anglo are costing us other than increased premiums which as previously mentioned have been going up over the last 4 years anyway.
smash wrote: » You kind of answered your own question. As I stated previously, my premium went down this year. But not by the full amount because a levy has been forced upon me to cover Quinn's mistakes. The levy will remain until the 2.8b is recovered. How can you possibly not understand that?
Lemlin wrote: » I must of missed where Seanie Fitz and Fingers Fingleton were entrepreneurs who started up their own companies' and actually created jobs.
Galtee wrote: » I don't understand.
Galtee wrote: » explain it to me how Quinns dealings with Anglo are costing us other than increased premiums which as previously mentioned have been going up over the last 4 years anyway.
Galtee wrote: » Oh, So why have anglo taken a 49% stake in quinn group and why are they still pursuing him seperately for the 2.3 billion?
hatrickpatrick wrote: » He needn't worry. The taxpayer will surely be forced to pay for his mistakes. No chance of those who screwed up paying for their own mess, eh?
jmayo wrote: » Ehh if you bothered doing a bit of reading or research you would see how seanie got a job in a small little bank in Dublin and grew it to be the third biggest in Ireland. Now in later years it was a fudge when they went balls out lending to dodgy operaations such as Quinn group. But somewhere alone the way there he created jobs. You do know you don't have to just start your own company to be an entrepreneur you can take over a small operation and grow it. :rolleyes: Seen as you are form Cavan I can see your sycophancy for the quinns. Just enjoy watching them drive by or rather fly by whilst you watch the ars* fall out of all the local state services. :rolleyes: You have the internet it appears so why not do a bit of reading. It might expand that mind of yours. Ever premium has an added charge due to quinn. Can you get that little fact. Ah ffs.And I always wonder why I laugh when people claim we have a brilliant education system. :rolleyes:
Lemlin wrote: » I agree he should pay for his own mess. This mess of trying to syphon off different properties is just further damaging his reputation and I think the man still suffers from the poor advisers that he did over recent years. However, let's remember that at its height the Quinn Group and Quinn Insurance had 5,000 people working in Ireland. Can you imagine how much tax those people were paying a month? That's 40 years of employees paying taxes to the government. He also employed people throughout the previous recession in the 80s and there are still people with jobs in the present recession. These people are paying tax. They are not claiming welfare. Because the man created jobs. As well as that, the Group themselves reckon the Group paid 1 billion in tax over those years. The figure wouldn't surprise me. So let's not say the man took everything and ran. He created jobs, kept people off welfare (and still does) paid taxes to the state and has left jobs behind.
jmayo wrote: » Ah ffs. And I always wonder why I laugh when people claim we have a brilliant education system. :rolleyes:
