SafeSurfer wrote: » Sure they might employ the viper to evict families from their homes when they're at it.
R P McMurphy wrote: » There is another issue to be addressed in this and that is that someone broke confidentiality laws and let it be known that Quinn had amassed cdfs of that order. This is what started the short selling. I wonder is anyone being investigated for this and they played a pivotal role in this whole disaster. Surely it should be possible to trace back
steve9859 wrote: » Sure, we should just let the Quinns steal from the Irish taxpayer so
LLU wrote: » Yeah really important. Cos it wouldn't be Ireland if the whistle blower didn't get shafted.
R P McMurphy wrote: » Whistle blower? Someone made substantial sums of money short selling. Was completely illegal
OurLadyofKnock wrote: » Said a Cavan GAA Official - "it's genocide."
tayto lover wrote: » No time for the Quinns at all but didn't we prop up a private bank and cost the taxpayer billions already. There wasn't the same outrage about that here or in the Govt controlled media.
JRant wrote: » The game was up at that stage though. The NTMA had stopped any dealings with Anglo long before it went offically bust and had let it be known they thought it was a basket case, Unfortunately nobody cared to listen. I wasn't aware short selling was illegal here at that time. Was it Sept 2008 that the regulator finally clamped down on this.
R P McMurphy wrote: » No short selling wasnt illegal at that stage. What was illegal was that someone that knew Quinn had amassed such a volume of cdfs began to short sell. Someone obviously sold the information and triggered the disaster. Whoever that was played a pivotal role in the whole disaster
JRant wrote: » Or they may of got wind of the highly illegal circular loan between Anglo and Irish Nationwide. We can only speculate as to what really happened. Unfortunately this being Ireland, insider trading is bloody rife. The ISEQ is the old boys club to beat all old boys club. The real problem was the fact the Quinn left himself wide open by having so much bet on the CFD's. Lets not forget if they had of paid off for him he stood to make an astronomical amount of money.
Agueroooo wrote: » Is there anywhere i can read the pros and cons on why he should and shouldnt be jailed?
ronan45 wrote: » Wish i could declare myself as bankrupt and live in a mansion :cool::rolleyes:
K-9 wrote: » No, there was far more outrage about it. Let's not go overboard with the victim card now.
Curly Judge wrote: » You could, if you had the wit, talent and energy to create a business empire. Dreaming, wishing and begrudgery won't do it, I'm afraid.
Maacgyver wrote: » This is my last post on this thread anyone with doubts as to whether Sean Quinn is guilty of malpractice and theft from the state needs to read this. http://www.bbc.co.uk/news/uk-northern-ireland-19063419 . As for his supporters all they are doing is making Ireland a laughing stock abroad and discouraging any multinationals from ever investing in their area. Tractor roadblocks and roaring cretins do not attract the Microsofts and Intels of this world!
R P McMurphy wrote: » Yeah I take your point and am certainly not making excuses for Quinn. I would like to see who exactly made all the money on the short selling though. There must be someone on the inside that has made an enormous amount of money
SafeSurfer wrote: » http://www.irishexaminer.com/business/apple-pays-2-tax-on-overseas-profit-212914.html
SafeSurfer wrote: » Thats very true. Low corporation tax and weak regulation and the ability to dictate to our elected government is what attracts the multinationals to this fair shore.http://www.irishexaminer.com/business/apple-pays-2-tax-on-overseas-profit-212914.html
kunst nugget wrote: » I have posted it twice already. Sadly it has made no difference.Anyone who doesn't support the mighty Quinn, the Irish Icarus who flew too close to the sun and found out it was a nuclear reaction brought about by Anglo splitting the atoms of politicians greed, is obviously a begrudger.You know, this hyperbolic hysteria is quite easy to write...
squod wrote: » Thought it was the cheap migrant workforce. Could be wrong.
Curly Judge wrote: » When all is said and done, would the people of this state - and the on to the north of it - have been better served if the famous 7 year deal offered to Anglo had been accepted and worked on. Did the new regulator sweep a little too clean.
kunst nugget wrote: » Tbh, this is just getting retarded at this stage. The infamous 7 year deal was based on Quinn retaining ownership of Quinn Insurance. You know, the company whose practices were so shoddy that the Irish taxpayer has been left with a 2% levy on nearly all insurance policies to pay off the estimate €1.6 billion that will need to pump into it to guarantee insurance claims. There was absolutely no way they were going to be able to pay back the debt they incurred.
