They are right that there are others who should be behind bars, but that doesn’t mean they can absolve themselves of their own arrogant and shady behaviour just because there is worse than them out there

David they broke the law and did so knowingly. Just because they can say oh look someone else broke the law more then we did doesn’t mean they should walk free. nThey borrowed billions that the irish people are now liable for. Now when asked to pay it back they claim they don’t have it but at the same time hide millions and millions. Give over what you owe or or hold on to the Irish taxpayers money and go to jail. nYour choice Quinn family.

Chris, the Quinns were misled about the state of Anglo’s finances. At that stage the central bank and the fin reg were saying that everything was fine, it was all just a temporary liquidity problem.

How were they to know Anglo was in such a mess? How were they to know that the Irish tax payer would end up footing the bill for this mess?

As I’ve said before, Sean Quinn was going to sell his shares in Anglo in mid March 2008 but had pressure put on him by Fianna Failers to hold off. Put on the green jersey, they said. If you sell, Irish banks will collapse. Do it for the country.

So he held off on the sale. Now he’s left holding the can while everyone else who was involved is sitting pretty financially.

They are right – Neary (financial regulator) FFS , Fitz, Fingers, Ahearn B lock them all up

Play with fire and you will get burnt.

Danny Grey, How did FF know he was going to sell his shares ? From what has been told, Anglo didn’t even know that Quinn had shares never mind the amount. His gamble failed and as he watched the prices starting to fall he knew if he started to sell his shares he would just increase the fall, so what did he do. The only course left to him was to go to the goverment & Anglo and say if you don’t take these shares off me I will dump them on the market and f all of yous. That sounds more like what happened than what you said.

Sean Fitz and co. have enough to blow half of the FF reps of the last 13 years out of the water, if Quinn wanted to avoid this, then he should have coughed up over the last 13 years, instead of just spinning party members around in Helicopters occasionally.

Quinn is in trouble for tryin to hide 500mn out of the states hands. If it not received, then the tax payer pays, that means job closures, SME’s going to the wall, services cut. It is the kind of crap he pulled in last 18mths that destroyed the economy for decades.

There is no doubt that he should be in jail, there is also no doubt that countless others should never see daylight again.

John McG,
It came out in Court that Anglo had powers of Attorney over the Quinn shares shares, so they controlled them they put in the money to support them, they located the Maple 10 and they decided when the shares were being sold. So there is no point in making up stuff that you believe MIGHT have happened. When the real situation is actually out there.

Has it not occurred to any of you that he may be dead. Think about it. n

Hard work brought him here way better to sit on you fat welfare ass begrudging

Katie the best post on the journal this week. 100% spot on.

You feel Quinn knew the truth about Anglo’s loan book while the auditors and regulator didn’t, but still decided to invest his fortune in the bank?
You feel he knew Anglo was doomed, but he followed his losses when the bank started crashing?
A lot is being put at Sean Quinn’s feet, much of it justified, but to claim that he was privy to the full facts and went ahead with his disastorous investment doesn’t make an ounce of sense. Whatever he’s done, in light of how he’s been treated over the past 3 years, it completely understandable that he would try to circumvent Anglo ruining him completely.

Well said Katie!

None so stupid as the blind sheep. Wake up the government has had Brian Hayes in Ukraine robbing for Anglo

Begrudger you mean shame on you sad dependent sheep

Poor troll, 1/10.

The bankers who ruined us… includes Quinn. He was a banker. He owned the largest share of Anglo. He can’t complain about the bankers; he was one!

If they didn’t owe €2.9 billion they might be creating jobs and growing… unfortunately Celtic Tiger greed took over.

The Quinns did nothing but line their own pockets so ram your pro-quinn crap as your obviously delluded they are low lifes and deserve to be treated as such

For the revenue levels that the Quinn companies achieved, €2.9 billion was not high leverage.
(especially compared to the level of debt carried by NAMA’s highly paid and highly protected goldenboys on their fields of swampland worth zero)
If the Quinn companies were left in Quinn control the €2.9 billion would have been easily paid back or easily refinanced elsewhere by now.
But unfortunately the corrupt Anglo and the Irish government wanted to have their (taxpayer funded) Sean Quinn, Witch Hunt, Cash Cow, Gravy Train, and our grandchildren will be still paying for this.

For 45 years Quinn always paid his debts.
The NAMA swampland, flyby night cowboy builders rarely paid anyone (even in the good times)

Similar to the bank guarantee,the corrupt Anglo and our government made a bad (but lucrative self serving call) and our bought out media is playing cover up ever since.

Do you think Seanie Fitz’s chum O’Brien would write a cruel word about his best mate?
Do you think RTE (the government’s own PR machine) would really challenge the bank guarantee debacle and the Quinn witch hunt?

Just to confirm.
I am not pro Quinn.
I am just pro facts.

Speaking from personal experience.

If I had to chose between.
(1) A businessman who always paid his debts and staff for 45 years.
or a
(2) A shower of inept,incapable bureaucratic, pencil pusher, ex schoolteachers, always on holiday, liars, and their extortionate vested interest, jobs for the boys, extortionate, receivers/liquidators.
to pay me back €2.9 billion?
I know who I would choose.

Well your delluded I would choose neither and the Elite weither it be political or “business men” would’nt piss on you if you were on fire.

Quinn has always being dodgy from the word go, his storys off rags to riches are bullsh1t aswell.

Send them down for life as because their dodgy dealings, people are lying on trollies, children who needs operations cannot get them etc as we are bailing out this criminals with the bond holders and the government are as much as fault but the Quinns deserve everything they get as the are the dirt on your shoes.

I welcome all the thumbs down from the Cavan/Fermanagh morons roll on

Robbie
Please expand on your ”dodgy from word go” comment.

Harry, in a regulated jurisdiction the Quinns would not have been permitted to run their business illegally for as long as they did, and at the expense of their competitors who played by the rules.

Legally, to run an insurance business you need to maintain a certain percentage of cash reserves to ensure that the cost of all claims can be met. The Quinns flouted this obligation for many years and were warned on several occasions to put their house in order or face sanction. All the while they were undercutting their bona-fide competitors.

They chose to go on flouting the law and their greed eventually caught up with them. Sure, there are many others who should be in jail too, but does a member of a gang of armed robbers deserve to avoid jail because the gang leader hasn’t been caught yet?

That was the RUC your thinking of. nThe border was just a imaginary line to that lot.

PSNI actually !

Because when there is a full fair trial the nasty weasel Brian Hayes and the corrupt trumpeted up charges will be exposed

PSNI is not the RUC a different beast altogether.

Who suggested that he was an innocent bystander. He made the Anglo investments and has accepted it was wreckless to do so.
He, however made that investment based on false information provided by Anglo, who then proceeded to take everything from him. The Government were complicit in some very poor, politically motivated moves in the interim and all things considered, I find it very hard to believe very many people wouldn’t try to save something if they had everything taken from them in the underhand manner with which Anglo proceeded.
Quinn was no angel, but he’s been scapegoated and in the public’s mind he is regarded in the same way as Seanie Fitz, David Drumm, Fingleton and Ahern. He’s not, but he’s the only one whose had any kickback, so while not innocent, he’s not the boogey man he’s being made out to be