True Thomas the more you owe the better your treated. Look at Mick Wallace who owes €40 million, you don’t see him running to UK.

Spot on

Let’s hope they don’t put that muppet Anton Savage in his place! That little up start seems to turn up where he is not wanted all the time, ‘n still hanging on to his mammy’s apron strings!

Get Sam Smyth in.

Kevin I would agree, but I think Denis O’Brien might object – after all he got Sam fired from TodayFM (allegedly – sorry abit of ass covering there, DOB seems to threaten to sue everyone that speaks ill of him!!)

@Jack: If you’re right about DOB and his threats, I would have to say that he is an honest, open and kind man.

True. But yet he had the opportunity to tackle such issues but as usual didn’t as he was riding the gravy train at the time instead of doing his job… Cop on people!!

Oisin, as Agricultural Minister his influence on the bankrupancy laws was somewhat limited! This was back in 1994 to 1999/2000! Yes, he was part of the policy makers at one stage, but so many have being in influential positions since he steped out of politics in 2001 and still nothing was done. Perhaps if he was Minister for Law and Reform at the time, then you could justifably point the finger, but as Minister for Agricultural I don’t think he was in such a position to protest the stupidity of that law. In fact, I think if he were to have had made such a stance, you’d be today accusing him of feathering his own nest! The purpose of the 12 year bankrupancy rule was to discourage business people running up massive debts and running their business into the ground, leaving debtors afloat!

Coming back to present day the reason the political will is there to change the bankrupancy rules today, is because businesses are running into difficulty, all because they became reliant on the low cost credit been thrown around by the banks during the boom. Unfortunately, the credit dried up in the banks and the banks are insolvent, that is a reason so many businesses are going to wall and the banks cutting off credit, which rightly or wrongly was the life blood of many businesses here!

So I think your point that Yates could had change the bankrupancy rules while he was in govt is a bit wishy washy at best!

Thumbs down from employees and thumbs up from employers I suspect. The ordinary Joe has no clue what it takes to run a business in this country and when it all goes wrong they think they should be hung out to dry with a 12 year bankruptcy. This country is killing its people with initiative and should be ashamed they are hounding them to UK. Get your house in order government and reduce bankruptcy to 1 year. People will still go to UK even if its reduced to 3 years like they propose.

I won’t cry at the departure of a partisan and self-righteous commentator. Those who here are lauding his business acumen should remember that when you praise ‘the market’, you must abide when it pulls you down. http://wp.me/p1N9yC-1p

Hey Frankie, I think you’ll find his govt pension is €74k, just slightly less than 83k!! But who is counting……………….that is exactly the problem NOBODY is counting!!!!!!!!!!!!!!!!!

and is about to be made bankrupt….

So criticising anything Irish makes an Irishman anti-Irish? That’s a bit Irish!

http://i1151.photobucket.com/albums/o624/pNibbler/b9e16280.jpg

I’m not a big fan of Yates, but I listen to newstalk breakfast every morning and Ivan regularly savages the government and Enda Kenny.

He has a bit of banter with the ministers etc, but I’ve never heard him shy away from the questions, or making statements he knows they won’t address.

Grow up Hugh. I can tell from your childish comments your an employee not an employer!! Never created a job in your life!!

Family Guy, Employee’s need business people and entrepreneur’s to provide jobs and they in turn need Employee’s labour to make their business work and turn a profit, one can’t work without the other, maybe you should grow up and realise for every lazy, whining employee there is a crooked, slave driving employer

Bryan I never suggested for one minute that all employers are fine upstanding citizens who treat their employees great. My point is that you won’t find many employers cutting down Ivan for having a failed business and most of these childish comments are made by employees as they don’t realise how hard it is in business. Some are cut out for the graft and other just moan.

Wrong on all counts FG, I am self employed and provide employment to over 16 peopleunlike myself , if your pal Yates was such a sucessful employer and businessman he would not have had anything to worry about, maybe you should grow up and never assume anything , I feel sorry for anyone thats on your payroll, Yates was and still is a failed businessman and has ran of to the uk to hide, if he is your role model and hero your days in business will be numbered, 100%

Family Guy so you’re suggesting that employers are more mature individuals than Employee’s?
I take it that you moan while your childish employee’s graft.
Like Hugh says you’re assuming a lot about who is criticising Ivan Yates.
Your assumption smacks of snobbery.

Hugh I treat my employees very well. If I got into difficult like Yates I would be on the first boat to the UK. As you seem to be a proud Irish man I take it you’d take your 12 years bankruptcy like a man and not HIDE!! Bigger fool you!

FG fail to prepare , prepare to fail, Yates is leaving the mess behind him and crawling under a stone in the uk , Unlike him I am up to date with all my tax affairs, run a efficent and profitable business, look after and treat my staff well and am sucessful,your provincial and dated mentality thinking only employers know whats what is what got Yates where he is today , failed, maybe you are not far behind him either, I am sure he can find a place to hide for you too in the U.K

I know you’re trolling here but its about time people get this straight.
That was their job!
That was what they were elected and well paid to do!
I don’t get praised for a good days work because that is what is expected of me.
Bertie did NOTHING but ride on the coat tails of others in the peace process and bought any other success which had catastrophic consequences for the country’s finances, and he was caught with his hand in the till, I hope Revenue chase him for his €215,000 worth of sterling & dollars

Ignore Denis Walsh. Trololololololololololol

@ Dennis Get A Grip

Are you just out for the weekend?

C’mon Denis you know that wasn’t gonna work.