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Child Item

Sean Quinn Jailed

SEPT 23 1989

Sentenced to nine weeks

http://www.rte.ie/news/2012/1102/sean-quinn.html

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Brain Stroking

Dodge wrote: »

And in my experience, the people who think Quinn should be prosecuted with the full force of the law, also think this should be applied to Ahern (and everyone else in the sorry saga)

Of course - its a complete no brainer. I'm lost as to how those ignore Quinn's actions and want us to focus elsewhere. Hmmmm :rolleyes:

MadsL

Corrupt leaders create corrupt companies. I had some bones to pick with Quinn Direct several years ago about their astronomical loadings purely nationality grounds. They flat refused to make any changes other than changing their script to ask "Where were you born" rather than "What is your nationality"/How lng have you lived in Ireland.

Not much has changed with the Liberty Mutual takeover, the arrogance remains. Whilst they have now accepted that asking questions about years of residence is a breach of the Data Protection Acts, they have indicated that the earliest they can change their scripts is Q1 2013. Even though they are in fact breaking the law every day until that change is made.

Run_to_da_hills

" They took all my money, they took my companies, they took my reputation and they put me in jail,” said Quinn

http://www.irishexaminer.com/breakingnews/ireland/quinn-they-took-my-reputation-572753.html

squod

PaddyORuadhan wrote: »

Might I add that I hope the lot of them go to prison not just 'poor naive little' Quinn

Brain Stroking

He will be the Cavan Joan of Arc. 9 weeks and out to a heroes welcome. Welcome to Ireland 2012. Looks the same as the Ireland of 1950 you say?
True dat.

latenia

If only Simon Adebissi was real and locked up The Joy...

HellFireClub

LLU wrote: »

Finished now?

Btw, all nothing whatsoever to do with the fact that he committed contempt of court and has been jailed for it.

Everything to do with what happened. Regrettably you lack the kind of retrospective understanding or analysis of the whole series of events that occurred, to be able to see the total wrong that occurred when the government of this state decided to drag the taxpayer into the losses that this private company and its partners in the bond market had exposed themselves to.

That is where the wrong occurred, and had it not occurred, this money would never have been owed to the state in the first place, it would have been rightfully owed to the original creditors (who were jointly responsible for the rampant lending at Anglo), who were Anglo bondholders, who had every right to pursue the Quinn family for the loan if they so chose. But no, instead, our government decided to get involved in something that had sweet fúck all to do with them, exposing this country now to debts that simply can never be repaid, thereby compounding the original wrong, pacifying Irish people now by traipsing all over Europe kissing Angela Merkel in a pathetic and shameful attempt to paper over the crazy mistakes that were previously made by this state ever getting involved in Anglo.

mikom

Run_to_da_hills wrote: »

" They took all my money, they took my companies, they took my reputation and they put me in jail,” said Quinn

http://www.irishexaminer.com/breakingnews/ireland/quinn-they-took-my-reputation-572753.html

Would make a good country song.

SafeSurfer

kunst nugget wrote: »

He wasn't duped, that's total horse manure. They acted together to offload the bet Quinn had made creating a 25% stake in Anglo through CFDs. Anglo never asked him to build a 25% share of the company through such a risky practice. Anglo and Quinn both acted illegally to try and cover themselves. Just as Quinn has continued to act illegally by ignoring various regulations and court orders to wind up where he is now - being jailed for contempt of court.

PaddyORuadhan wrote: »

Of course he was :rolleyes:

He got to be one of the most successful business men by taking things at face value. Don't try to convince me that he was that naive and the big mean Seannie Fitzpatrick played a trick on him.

The fecking dog on the street knew that Anglo was based upon the property bubble. That it was giving returns massively higher than other banks. That there was something dodge with it. Sean Quinn in his reckless arrogance thought that he could get in make his money and get out before the bubble burst. Its a simple as that.

Might I add that I hope the lot of them go to prison not just 'poor naive little' Quinn

He was duped into investing in Anglo. The accounts were falsified. The reality was hidden from him the same as it was hidden from every other investor. This was corporate fraud plain and simple.

Headshot

just looking at TV3 news there

what ****ing idiots "sad day for ireland" I think I heard. Its a ****ing sad day he didnt get a few years along with his son

uberalles

Heroditas wrote: »

But he fixhed de road!

Give us an auld you tube link to mac savage. I'm on a smart phone and it's too difficult.
Classic clip that

bbam

SafeSurfer wrote: »

He was duped into investing in Anglo. The accounts were falsified. The reality was hidden from him the same as it was hidden from every other investor. This was corporate fraud plain and simple.

Your stating as a fact that he was duped? In fairness you have no ones word except Quinn on this...

Its as likely if not more likely he was implicit in the whole shenanigans and went along as he saw it as a chance to become uber-rich rather than mega-rich, chances are it was his greed that got him where he is... And of course his disregard for the law of the land..

Benji1974

Just saw this story on breakingnews.ie covering Quinn’s court appearance today and thought I’d share.

Not sure what to make of it, if it’s a piss take or supposed to be serious but it gave me a good laugh.

http://www.breakingnews.ie/ireland/quinn-they-took-my-reputation-572753.html

Here are some of the weird and funny quotes from the untitled article:

“A broken man, beaten and weathered, he sat down to his last supper and one final pint with his dutiful son”

“They took all my money, they took my companies, they took my reputation and they put me in jail”

“At one point during the hearing, all defiance seemed to have left Quinn’s stiff body and he bent onto himself, weight heaped on his elbows, resting on his aged knees”

“the old man with the heart condition one last pint with his boy”

My name is URL

SafeSurfer wrote: »

He was duped into investing in Anglo. The accounts were falsified. The reality was hidden from him the same as it was hidden from every other investor. This was corporate fraud plain and simple.

A self made billionaire doesn't get easily duped, greedy and willing to turn a blind eye to certain things perhaps.. but I don't buy for one second that he was led down the garden path.. he's not an idiot.

Praetorian Saighdiuir

I have no sympathy for him or his family.

Frynge

This tread took your reputation

hardCopy

SafeSurfer wrote: »

He was duped into investing in Anglo. The accounts were falsified. The reality was hidden from him the same as it was hidden from every other investor. This was corporate fraud plain and simple.

He wasn't jailed for buying Anglo shares, he was jailed for a defying a court order.

How he got involved with Anglo is totally irrelevant.

Grayson

I think he kinda handed his reputation over. But at least he can have the consolation that it wasn't cheap. My reputation cost the price of a bottle of Jack Daniels.

Scortho

Fishooks12 wrote: »

Now that he's jailed I presume all the people who ignorantly thought this fool was the single cause of the economic downturn will be satisfied?

No i dont see him as a single cause of this economic downturn!

However I am satisfied that he will be spending time in jail as I now have to pay an extra 2% insurance levy as a result of his reckless gambling! :mad:

Japer

Benji1974 wrote: »

“A broken man, beaten and weathered, he sat down to his last supper and one final pint with his dutiful son”

“They took all my money, they took my companies, they took my reputation and they put me in jail”

“At one point during the hearing, all defiance seemed to have left Quinn’s stiff body and he bent onto himself, weight heaped on his elbows, resting on his aged knees”

“the old man with the heart condition one last pint with his boy”

It would not have happened if Ahern, the Irish Central Bank, Regulator and the dept of finance done their job properly ...instead these people are all getting huge pensions while the "fall guy" goes to jail.....courtesy of the taxpayer of course.

SafeSurfer

hardCopy wrote: »

He wasn't jailed for buying Anglo shares, he was jailed for a defying a court order.

How he got involved with Anglo is totally irrelevant.

How can it be totally irrelevant when the reason he is in jail stems from his debt to Anglo?

Spindle

hardCopy wrote: »

He wasn't jailed for buying Anglo shares, he was jailed for a defying a court order.

How he got involved with Anglo is totally irrelevant.

He was jailed because he hid his assets from the the court by doing some dodgy dealings in the Ukraine.

He is rotten like the rest his mates, his nephew shows so much contempt to law in Ireland that he fled the country. Why defend anybody who goes against the rule of the court.

Hopefully they will be able to get the money back, and I hope they get all the rest of his mates from Anglo.

He is a tool, plain and simple.

He was in CONTEMPT OF COURT anybody in contempt of court should be punished, otherwise nobody would answer to the court on foot of court orders. He is not in prison for anything other than disobeying the court.

Lapin

The biggest surprise I got from all this was finding out there is a bar in the Four Courts. :eek:

Heroditas

Benji1974 wrote: »

Just saw this story on breakingnews.ie covering Quinn’s court appearance today and thought I’d share.

Not sure what to make of it, if it’s a piss take or supposed to be serious but it gave me a good laugh.

http://www.breakingnews.ie/ireland/quinn-they-took-my-reputation-572753.html

Here are some of the weird and funny quotes from the untitled article:

“A broken man, beaten and weathered, he sat down to his last supper and one final pint with his dutiful son”

“They took all my money, they took my companies, they took my reputation and they put me in jail”

“At one point during the hearing, all defiance seemed to have left Quinn’s stiff body and he bent onto himself, weight heaped on his elbows, resting on his aged knees”

“the old man with the heart condition one last pint with his boy”

It's the sort of garbage that Niamh Horan or Alison O'Riordan are famous for churning out, isn't it?

charlemont

WileyCoyote wrote: »

Hopefully they will senf the old scumbag to the base in the Joy, maybe he will pick up aids!

Ha I was a cleaner there for under two weeks ,What a kip I was in a 4 man sleeping on a mattress but it was better than sleeping in the reception or the committal holding cell.

If he ends up on the base he will be put in a single cell and he will only be out of his cell when the rest of the prisoners are in theirs. Don't think he will end up in the 1st holding cell on the right.

SafeSurfer

Lapin wrote: »

The biggest surprise I got from all this was finding out there is a bar in the Four Courts. :eek:

No doubt the Four Courts Bar and the two in the Dail will be closed as part of the governments alcohol strategy. Surely it wont just be a cynical move to increase excise on booze.

666irishguy

So much for his tough talk. Pathetic was the only word that came to mind when I heard about his apology and his requests to the judge.

Bullseye1

When will Cowen and the senior civil servants who decided to nationalise the banks and in turn Quinn Insurance also be jailed?

Heroditas

uberalles wrote: »

Give us an auld you tube link to mac savage. I'm on a smart phone and it's too difficult.
Classic clip that

HE FIXHED DE ROAD

There you go!

thebaz

I take no pleasure in the jailing of Quinn , more angry about the 650,000 yearly pension paid to Brian Goggin , (the chief of Bank of Ireland when they collapsed) - thats 650,000 the citizens of Ireland are paying in these times of austerity , caused by the greed of a select few untouchable bankers such as Mr. Goggin himself