HellFireClub wrote: » There was an ECB policy position adopted that no EU bank would be let fail, and ours were the first to be exposed as completely bust! Somehow, we seemed to forget that we hadn't handed over our financial competency to the EU under Lisbon II! It was our decision to make, we unsurprisingly made a fúcking stupid decision, instead of engaging in a round of international people pleasing, we should have told them to go fúck themselves, their bondholders, their losses, therefore, their problem!
K-9 wrote: » FF guaranteed the banks, not the ECB. There is no evidence whatsoever for ECB involvement in that decision.
.........if Mr Lenihan was 'bullied' by the ECB we should know about it because it is very important to the future of Europe and for the current Government in dealing with the financial mess.
wrote: SafeSurfer Of course. Anyone who disagrees with current government policy must be a Sinn Fein supporter, if not an out and out terrorist
folan wrote: » if the loan was illegal, does Quinn get to keep the money? cause that would be awesome for Quinn.
HellFireClub wrote: » There is one very simple argument here that I agree with his supporters on, and it is this: If the issuing of the loan to him and his family or his organisation, was an illegal act, then how on earth can he be held to be responsible for paying it???
HellFireClub wrote: » That argument needed to be settled first, before all these other actions were taken, because by Jesus, we'll be needing a 2nd bailout if that loan was found to be illegal, therefore unenforceable, and he gets a judge of the High Court in this country to issue such a declaration, because if you think the sums gone into Anglo are massive, he'll be entitled to compensation of the order that we have never previously witnessed.
sfwcork wrote: » Again am I speaking to you? You seem to have amazing Knack of avoiding the questionspeople ask you andanswering the ones that have zero to do with you are you getting paid much for being hellfires spokesperson?
bbam wrote: » I'll have to say your language and general ignorance towards other posters would lead one to believe you may actually one of his loyal supporters... So, hows the civil unrest going ?? or will that too just be loads of banging on a keyboard and swearing at and insulting the general public??
squod wrote: » This needs to be put on posters and RTE should broadcast this every day after the Angelus so everyone gets to understand.Joan Burton calls for bailout inquiry
K-9 wrote: » It amazes me we've so much evidence of Irish incompetence yet some blame the ECB.
LLU wrote: » Sigh. So basically you mean he should be allowed to keep the money then? Utter stupid nonsense. No it doesn't need to be settled first. Both sides were ordered to leave their ill gotten gains exactly where they are until all the cases have been settled at which point the loser must cough up. Quinns disobeyed this and started hiding all their cash. That is called contempt and that is what they are being jailed for.
wrote: SafeSurfer Is that question directed at me? I responded to your post because it amazes me how by expressing any opinion other than the received wisdom of our political masters one is immediately labeled a Sinn Fein supporter.
SafeSurfer wrote: » Because if the Anglo loans to Quinn were deemed illegal then his companies would not have been liquidated and he would not be trying to hide assets from IBRC. Ergo he would not be in Mountjoy.
squod wrote: » Again no evidence of incompetence there K9. You make it seem as if we had the three stooges running the show. Far from it.
SafeSurfer wrote: » I presume that if the loan was illegal it does not have to be repaid. Once that ruling is made I am sure a case for punitive damages against IBRC would be filed. Leaving the Irish taxpayer on the hook for who knows how many millions. Restorative justice could mean untold expense for the Irish taxpayer and how much is 9 weeks in jail along with mental anguish etc etc ad naseum worth?
LLU wrote: » Utter stupid nonsense. No it doesn't need to be settled first. Both sides were ordered to leave their ill gotten gains exactly where they are until all the cases have been settled at which point the loser must cough up. Quinns disobeyed this and started hiding all their cash. That is called contempt and that is what they are being jailed for.
SafeSurfer wrote: » I presume that if the loan was illegal it does not have to be repaid.
JR Ewing wrote: » Shame on all those expressing delight at the jailing of Sean Quinn. You are certainly entitled to your opinion but you have obviously been "infected" by the expensive media circus & spin which has been paid for (at all our expense by IBRC/Anglo). Is there anyway you could look at the actual facts of the matter? 1. Sean Quinn employed over 8,000 people in this country & while once listed as "the wealthiest man" in Ireland (a title he never courted or sought media attention for- more it was labelled on him) he never went "off shore" as a tax exile. He has lived & paid his taxes with this entire nation while putting food on the table for 1,000s of families with wages. 2. IBRC/Anglo fradulently enticed Sean Quinn to prop up the share price of the bank using CFD's purchased with money they lent him. He was led like a lamb to slaughter by Sean Fitzpatrick & David Drumm (both of whom are still free men) having been fed a lie and financially induced to cover up their mess and then when the "Anglo Grenade" went off want him to take the fall. Put yourself in this man's situation? He took Fitzpatrick & Drumm i.e. Anglo at face value only to subsequently find out that they had actually lied to him & that his transactions had been based on a fraud- would you hand back your life's work & family's assets to the same organisation? Would you f**k! Of course Sean Quinn is in contempt of court- any self respecting man would do anything in his power sooner than handover his life to an organisation who defrauded him? Could the likes of James Connolly & Michael Collins not be accused as being murderers in pursuit of freedom? Sometimes the end justifies the means. People like Sean Quinn are the job creators and entrepreneurs which this country needs to dig itself out of dung heap we find ourselves in. Jailing him is a national disgrace and shame on anyone who delights in another man's demise. Begrudgery is alive and well if many of the comments on this thread are to be beleived. There are not enough men with the "balls" of Sean Quinn left in Ireland- the balls to start with a hole in the ground quarry and build it into a €6bn fortune, and ultimately the balls to take on a bailed out bank with unlimited funds for media spin & legal fees being paid for by the tax payer. If that man is taken to jail there should be a civil revolt- no question. If that is supposed justice then sir the law is truly as ass. By the way I am in no way connected to Sean Quinn, am from Wexford not Cavan/Fermanagh. I am an Irish man who is ashamed of the treatment and so called law being punitively administered on Sean Quinn and his family.
SmilingLurker wrote: » Shame on you supporting a man who was justifiably found guilty of a crime, illegally hiding assets, which the state alas owns as we took on the debts of a dodgy bank.We are all paying for his greed, and the hiding of money, which if not recovered, we as taxpayers and as people who pay for insurance will have to pay. Shame on anyone who does not support our independent legal system, and our democratically passed laws. You want an exemption for rich businessmen to hide assets they legitimately owe? Run for election on that ticket, do not expect my vote.
K-9 wrote: » Quinn can't really argue he was coerced into it though, unless he has some evidence that he was. He'd a mutual interest in propping up the share price so I'd be doubtful.
JR Ewing wrote: » 1. Sean Quinn employed over 8,000 people in this country & while once listed as "the wealthiest man" in Ireland (a title he never courted or sought media attention for- more it was labelled on him) he never went "off shore" as a tax exile. He has lived & paid his taxes with this entire nation while putting food on the table for 1,000s of families with wages.
"I never did a day's work from southern Ireland in my life. I never done a day's work in my home. I never had any computers. I never had any IT system. Everything was done from Derrylin."
SmilingLurker wrote: » Shame on you supporting a man who was justifiably found guilty of a crime, illegally hiding assets, which the state alas owns as we took on the debts of a dodgy bank. We are all paying for his greed, and the hiding of money, which if not recovered, we as taxpayers and as people who pay for insurance will have to pay. Shame on anyone who does not support our independent legal system, and our democratically passed laws. You want an exemption for rich businessmen to hide assets they legitimately owe? Run for election on that ticket, do not expect my vote.
wrote: SafeSurfer . A mutual interest in acting illegally, its a joint venture so both parties are liable No?
Eiriu wrote: » Considering the radical nature of opinions expressed here, I'd love to know the amount of people on this thread that properly understand the bet which he took on Anglo, and his current contempt of court. very few I'd imagine. I personally believe that Sean Quinn tried to hide assets. Someone from that part of the country would'nt let go of their business and money too easily. Border inhabitants have very little respect for authority. I just don't understand why he would take such a big gamble on bank shares in the first place.
sfwcork wrote: » Again picking and choosing points NOT ONE PERSON ON HERE HAS CLAIMED THAT HIS THE ONLY PERSON INVOLVED IN ILLEGAL ACTIVITY.THAT DOES NOT DISPUTE THE FACT THAT HE IS ALSO GUILTY
wrote: SafeSurfer He was not found guilty of "a crime". He was jailed for contempt of court.
SafeSurfer wrote: » A mutual interest in acting illegally, its a joint venture so both parties are liable No?
JR Ewing wrote: » Shame on all those expressing delight at the jailing of Sean Quinn. You are certainly entitled to your opinion but you have obviously been "infected" by the expensive media circus & spin which has been paid for (at all our expense by IBRC/Anglo). Is there anyway you could look at the actual facts of the matter? 1. Sean Quinn employed over 8,000 people in this country & while once listed as "the wealthiest man" in Ireland (a title he never courted or sought media attention for- more it was labelled on him) he never went "off shore" as a tax exile. He has lived & paid his taxes with this entire nation while putting food on the table for 1,000s of families with wages. 2. IBRC/Anglo fradulently enticed Sean Quinn to prop up the share price of the bank using CFD's purchased with money they lent him. He was led like a lamb to slaughter by Sean Fitzpatrick & David Drumm (both of whom are still free men) having been fed a lie and financially induced to cover up their mess and then when the "Anglo Grenade" went off want him to take the fall. Put yourself in this man's situation? He took Fitzpatrick & Drumm i.e. Anglo at face value only to subsequently find out that they had actually lied to him & that his transactions had been based on a fraud- would you hand back your life's work & family's assets to the same organisation? Would you f**k! Of course Sean Quinn is in contempt of court- any self respecting man would do anything in his power sooner than handover his life to an organisation who defrauded him? Could the likes of James Connolly & Michael Collins not be accused as being murderers in pursuit of freedom? Sometimes the end justifies the means. People like Sean Quinn are the job creators and entrepreneurs which this country needs to dig itself out of dung heap we find ourselves in. Jailing him is a national disgrace and shame on anyone who delights in another man's demise. Begrudgery is alive and well if many of the comments on this thread are to be beleived. There are not enough men with the "balls" of Sean Quinn left in Ireland- the balls to start with a hole in the ground quarry and build it into a €6bn fortune, and ultimately the balls to take on a bailed out bank with unlimited funds for media spin & legal fees being paid for by the tax payer.If that man is taken to jail there should be a civil revolt- no question. If that is supposed justice then sir the law is truly as ass. By the way I am in no way connected to Sean Quinn, am from Wexford not Cavan/Fermanagh. I am an Irish man who is ashamed of the treatment and so called law being punitively administered on Sean Quinn and his family.