Hilarious to see people supporting Quinn as he plays the “sure I’m just a simple country man”. He’s a greedy egomaniac.
He gambled with his employees careers and lost. As a result, he owes money to a (now state owned) bank. Like anyone else, he will have to pay his debts.
It’s so funny watching the morons from “rural Ireland” as they keep saying, screaming that this is a Dublin 4 witchhunt. Wake up. He owes the money cos his foolish ego driven efforts to buy a bank failed.
Delighted to see that this is one asset the chancer wasn’t able to hide.

To all the simpletons defending Ireland’s greediest ego – he’s laughing his ass off at you

Quinn wouldn’t have had a problem if he didn’t try to add a bank to his collection. Greed and hubris have been the undoing of many a man.

I can hardly be alone in finding the “simple country fella” act insulting and distasteful. We have one of the most savvy businessmen of his generation putting on a performance that’s almost in line with a nineteenth century caricature of the Irish. Disgusting.

You gambled, you lost, now have some dignity and pay up.

In famine times we knew and despised the Gombeen Man for what he was. Now all educated and sophisticated, many think him a wonder entrepreneur!

To Anel and Paddy… Get a grip, you talk about the workers of Sean Quinn, let’s say the regulator didn’t go in….what would’ve happened then…..the company would have become insolvent with overheads that couldn’t be paid….what would’ve happened to the workers…100% lay offs that’s what. Quinn insurance(as one part of his holdings) was already flagged in the UK for irregularities before Anglo collapsed…I’m from a border county and think Quinn and family should get exactly what is deserved. He is not the only one, and he gambled (illegally) and lost, now he is paying the price.

It’s not about declaring him bankrupt for 12 years. It’s about forcing him to pay back his gambling debts. It’s about saying you will be bound by the same law as everyone else. It’s about not letting a greasy egomaniac walk away and leave the rest of us to pick up the tab.

The fact that he previously created jobs is of no relevance. Lots of people create jobs. It doesn’t mean they are not beholden to the law. Mick Wallace created jobs. Sean Fitzpatrick created jobs. All those property developers created jobs. So what. That has nothing to do with the fact that people have to pay back their debts

Interesting to hear comments praising Quinn insurance products when their business model was to refuse indemnity on a claim at the slightest excuse. I know this because I was involved in several arbitrations against Quinn over the years and in all but one case their refusal to indemnify was found to be a breach of policy conditions. They also had a policy of doorsteping claimants in an attempt to get them to settle claims at less than full value and without legal advice.

In either case I would view such actions as taking advantage of vulnerable people. If someone can scarcely afford insurance the chances are they will not have the wherewithal to challenge their insurer when it refuses to honour the policy.

So there may very well be reason why Quinn supplied cheap insurance,if that was the model they applied. Any readers have this experience with Quinn?

Ah would yas leave poor Quinn alone, I would have done exactly the same thing, actually no I’m wrong I would have been worse!

It’s just another chapter in the book!

I have the height of respect for Fr Brian Darcy, but am disgusted to have seen him at the Quinn-Fein meeting

”Corrupt banks who owes the state €32 billion and counting, closes down 45 year old highly successful business that employs 7000 people”
Justice??

Nice pay day for Grant Thorntom

State sponsored theft. There will be those stupid enough to think this is good for taxpayer or state in some way. Not one penny will go to taxpayer. Big payday for grant Thornton Quinn’s alleged debt will increase and some one else will be robbed tomorrow.

Quinn’s alleged debt won’t reduce and tax payers won’t benefit more lies and spin to follow. Sure the Spindo won’t be saying Quinn clears 50% of alleged debt nor will Kennt

Dear God, fed up reading about this now read the impartial reporter.com interview with Seans brother this week, ready whats really going on here. He borrowed money from anglo on an anglo business structure that did not exist, surely everyone can see that. Are you all saying anglo is a totally innocent party here. Why change the name of the bank, whats to hide. They are just another phoenix business risig under a different name, sad but true

A good read….On quinn in http://www.oneworldchronicle.com. For those of you that might dare to read a different point of view!

Its strange how.

850 NAMA ”developers” racked up €71 billion, that one way or another we are going to pay back for them.
Some of them individually owe just as much as Quinn to Irish banks alone and similar amounts to non Irish banks.
Unlike Quinn who owned income producing multi-generational, strong businesses that employed 7000 people, these ”developers” owned valueless, none income producing fields and half finished shoddy building sites.
Please note: these builders found it hard to pay anyone in the good times apart from the media who advertised their overpriced, badly built, shoebox properties.

What did our fine ”leaders” and ”protectors” decide to do?
(1) Shut Quinn down, try to disgrace him and his family, take everything from him, try to never allow him to create another job in the country and try to jail him and his family.
and (2)
Give the ”developers” €100′s of thousands a year in salaries, allow them to keep their expensive cars, houses and other toys, allow them to ”operate” their companies and allow them media immunity.

Not to mention our government allowing the ”Financial Regulator” who presided over this mess total media immunity and a huge pension.

Can someone tell me why the emphasis is on Quinn for a couple of billion that he could, would, wanted to and guaranteed us to pay back, (even though it is highly questionable that he actually owed it in the first place).
Evidently the man has more ability than all of these 850 cowboys put together (and all of our fine ”leaders” and ”protectors” if it goes to that).

Hi Mark i understand what you are saying, is it possible that the guys you mention have also hidden assetts they would never be found, i dont hear them offering to pay everything back, the whole thing stinks.

All i am saying is some crazy decisions have gone over the years but Sean is being made an example off. I wait with baited breath to see how far they go in regards the cases againt the others, dont see many doing time as yet.

Someone that offers to pay everything back should be respected, irrespective or if he was misinformed or not (only time will tell)

I am from Fermanagh myself which might explain my attitude but i am impartial as anyone.

It would be different if i could not pay back a loan i would expect them to close in on me. But if i was to pay back what i could over a period of time their is indeed laws that protect me, so that i can try my best to pay everything back. This man was not given that opportunity and pounced upon for all assets as they are cash generating businesses.

He is probably one of the few people that could have cleared things given time thats why it upsets me and other Fermangh and Cavan people, to see where this man came from and what he achieved. People say he took a gamble and indeed he may well have but you should be able to trust a respected instution to give you the right information when you make an investment with them.

Why are people able to claim their load protection payments back, this to was misinformation. I just want the man to recover and for a moral outcome to be reached.

Charlie Bucket, that was a riviting read thankyou. It really is the reality. Frightening all the collusion from different parties, blessed are the meek for they shall inherit the earth if it has not been sold of to the highest bidder by then. But sure can we buy it back for ten times the price like the tolls, the gas, the oil and the fish. Will they ever look at the long term picture. Arsen Wenger would be good at running this country, a calm head when everyone else is losing theirs.