No one has ever said him is a criminal. This is a civil proceeding. The DPP have never indicated that they thought he has done anything criminal. I think you are living in your own delusional world.

@Tom
You don’t happen to live in a certain border county…….ahem!!!

Yes I do. Ahem. And you point is what. That what you wrote was not incorrect. No, it is a stupid retort about my county of origin.

https://www.facebook.com/GiveCavanBackToTheBrits?ref=ts&fref=ts

What are you talking about? Are you blaming Sean Quinn for everything that has gone wrong in this country? 4 years of what? Since the recession. Yes are you blaming him for that. I got a blister during the week. I think I will blame Sean Quinn for that. If you are going to write, write, try not to dribble all over your keyboard!

I blame Sean Quinn for the dribble on your keyboard Tom.

That is some wit you have. If you are going to be witty, you don’t just repeat something funny that I said.

I’m sorry, did you say something funny? :D

FACELESS im no fan of SQ he took a gamble and he lost, the loan that he got from anglo was based on accounts provided by Ernst a Young showing a healthy bank when the opposite was the truth ,why is this company not being investigated and at this time still being handed out lucrative goverment contracts,is this the message that is being sent out to outside investors from this country if you want to do business in ireland bring your own accountants because you cannot believe any thing that is put on paper in front of you ,

Dermot, I agree they should be investigated along with a string of others. But that does not excuse Sean Quinn, the oldest of laws will tell you buyer beware. The Quinn’s only have themselves to blame but they are blaming everybody else and they are getting away with it because everybody else is paying for them !!

I wounder who took a dislike to the quinns in my opinion there are worse than them who are getting away with it..
on the moral side they did do a lot of good locally which is shown by the public support they receive..

yous do know he is in trouble for moving assets not for failing to pay the banks they screwed them…
he is a modern day robin hood

Dermot, That’s the problem these days, it’s always someone else’s fault… Bit of personal responsibility wouldn’t go amiss.

Modern day robin hood?? That gave me a laugh.

How are the people who have a dislike for the Quinn’s worse then the ones getting away with it?

The Quinn’s have spat in the face of everyone and are deluded enough to think they can get away with what they have done and laugh in the face of the courts.

The law applies to them just like they apply to everyone else in this country.

And the banks did not screw him. He got greedy and now doesn’t want to have to suffer like everyone else. The Quinn’s knew exactly what they were signing for and took a risk. That risk failed and instead of paying up like everyone else, he’s hiding his money and assets to get away with it.

They don’t deserve any sympathy.

And as for a modern day Robin Hood, That’s a joke. Robin Hood stole from the rich and gave to the poor. The Quinn’s amassed a fortune, took a gamble and instead of paying up they hid their money and assets. They have repeatedly told bare faced lie’s and have been caught out telling people they can get away with it. Doesn’t sound like the actions of Robin Hood, does it?

Robbing hood, you mean.

Quinn isn’t hiding assets from the bank, but from the Irish taxpayer. Join the dots, ok?

Is that mean’t to be funny. You are an idiot. Honestly, it is of such bad taste I am not going to bother responding any further.

NIKOLAI we have sean means fitzpatrick because he was the man that was truly running this country ,he had all the the top officials and the alleged head of the country at his finger tips ,guest speaker at a judges conference no wonder half them are bankrupt today ,he also advised the goverment to cut old age pension this man was untouchable and still is his court case against the state is no more than window dressing ,the man that was investigating him in corporate enforcement paul appleby is now going to work for the banks.

Threatening civil unrest to defend the failed bets of a former billionaire reveals the true nature of the Quinns.

Vinnie and John
Are you forgetting that money was first removed from the Company to purchase the first tranche of shares that brought Quinn into an illegal situation as far as Insurance Company law is concerned.

Dermot, There are plenty of people to blame and I agree with you that enough have not been sentenced BUT Sean Quinn is not as innocent as he claims.

He is doing his best to evade justice, and putting himself out as a martyr for the common Irish man who has suffered due to wreckless bankers…..he isn’t

Exactly, leave them too it. It won’t effect anybody living in the real world.

You wouldn’t hear it over the sound of the empty beer cans blowing down the main street.

My Friends? I don’t think so! Did you pose for that photo? People laughed at Zoolander, not with him.

I’m no fan of the Quinns and hope Sean has a miserable time in the slammer, but your insurance company is telling you porkies. 2% levy on all non life policies. Not €100 unless your premium is €5000.

Padraig you tell a few porkies do you? That is some premium you have of €5000 a year. Do you keep lions by any chance?

LOL you got that cat from the same place the Quinns bought their wedding cake from didn’t you? Did you run the bill through the company accounts?

Car insurance…not cat… sorry. And that’s what the man on the phone said…the increase is because of the Quinns…went up from 540 to €652.

Well Padraig you obviously were not that good at maths. The man on the phone lied.

well Mr Know it all McManus…i dont really give a f**k what you think…all i know is my premium went up and it went up roughly the same amount with every company that had me on file from last year so they must “ALL” be telling lies…. @ no point did i claim to know anything about the quinns nor do i give a “SH**E” cos what i think isnt gonna fix their mess…all i know is somewhere along the line….the likes of you and me are paying for it in more ways than one. thats the only maths i need to know.

Well Padraig. Di you ever think there were other factors than the 2%. You can calculate the 2%. Your premium went up by more than that. So would you think that the risk profile of your age group increased or the fact that we are in recession and people claim more in a recession could affect your premium? No, that 2% magically is no longer 2% and is whatever they say on the other end of the phone.

I wonder have the revenue done anything about all the personal expenses that were put through the Quinn Group accounts. His naive children even admitted this on TV, from the cost of their TV subscriptions to lavish weddings. Normal people pay these things themselves from income that has been already taxed.

Reg,

You do understand that the Quinn Group payed tax? As for who paid for a wedding cake, honestly i could not give a S.H.I.T!

@Tom – please tell me you’re joking. By putting it through the company, the Quinns reduced corporation tax, very probably reclaimed VAT, and avoided income tax, PRSI, employer’s PRSI and USC. I’d be interested to hear how you think any of this is acceptable, or even legal.

Tom, do you know anyting about taxation in relation to company law? Anything at all?

Tom, your breathtaking level of ignorance on tax matters perhaps goes some way towards explaining your blind support of the Quinns

Mattoid,

You are talking about my ignorance with regard tax matters. I what way. The group have said that they used the wedding as a marketing tool. But you on the other hand. I remember recently that you advised that Sean should of used due dillegence in the buying of shares. That he should have walked in a looked at their books. As every other larger investor does. If you had any knowledge you would have been taught that you are not allowed to do that. In your first year of a degree you would have been taught that. But I believe you are a pretender. Just like Biggins. You go on board to enter a pretend world where your opinion is respected.

Wow Tom, thanks for the rant but I have said no such thing – are you mixing me up with someone else??
Back to the topic at hand, are you seriously suggesting that the Quinns were justified in classing their daughter’s wedding (including the famous cake) as a ‘promotional event’ for tax purposes? Seriously?

No mattoid. I am not.

Then you are deluded Tom

Sean has admitted that he was wrong to take the reserves out of the QD. But he was punished by the previous regulator for that offence. With regards the reservers. Firstly their is a huge question mark over whether the cross guarantees effected the reserves. The regulator has been asked to show the advice he received regarding the effect of reservers before placing the insurance company into administration. One of the largest accountancy firms disagrees with his interpretation.
As for the rest of your comments regarding civil unrest. You are an idiot! Plan an simple!

The Administrators brought in THE Industry experts from London, one of the Insurance Centres of the world, to examine the books of Quinn. It wasnt the Regulator, or the Administrators, or anyone else connected to the bank, government or any other organisation of the state. It was an independant expert who calculated the shortfall of €1.6 billion. Yes that figure may in time prove to be an over estimation, but in any company that has gone under throughout the industry over the last 30 years, the initial figures have been proven to be very accurate in the vast majority of cases. This leads to the question of the viability of the Insurance Company Quinn ran. Twice before the regulator tugged at Seans sleeve and asked him to have a little look at his underfunding. He was twice given the chance to get his house in order. He was given 2 opportunities, it wasnt just one morning the Regulator woke up and said…today Im gonna screw Quinn. He was warned, requested and advised for years to stop doing what he was doing and he ignored it, he brazened it out, he screwed both the industry, the policyholders, the claimants, his own employees and now those people who had nothing to do with his corrupt, illegal organisation. He failed everybody cause he believed his own publicity that he was untouchable, and the kow-towing serfs would never come after him, no matter what.

And this inability to reign him in gave him the bravery to go and take on his next industry and try and buy a bank. Greed, arrogance and a flimsy regulatory system in this country gave him the attitude that he could do anything. The fact that his supporters are blind to the entire picture and focus upon the supposed witchhunt by those in Dublin on their Lord and Master who kindly bestowed jobs upon his adoring subjects, just shows how much this country still has to come become it can get out of the dark ages. Quinn is a crook, Quinn is a criminal, Quinn is an arrogant son of a bitch who deserves nothing but contempt and a jailcell. BUT, and this is where those who defend him cant make the leap, he shoudnt be alone in that cell. He should have plenty of company and last month the start of the process for justice against Sean Fitz and his cohorts began. THEY have been charged, are in court, been declared bankrupt, have had their assets seized and are being processed in accordance with the laws of our land, however badly they are written. Quinn has spent most of the last year and more flauting those laws and spitting in all our faces by his actions. NOTHING, absolutely nothing, can justify those actions, and anyone who does shows me and many more like me, just how shallow and easily bought certain people in this country are.

@ Mark Nolan

Shush Mark… Tom and his fellow blind sheep doesn’t want to hear the actual real facts and time-line.

Mark, honestly I didn’t bother reading all of it because it was so long and boring. Also within the first couple of lines it is incorrect. The regulator did decide that cross guarantees mean’t that the company did not meet the reserves set by the regulator! But as I said one of the largest “chartered” accountancy firms in the world disagrees with his findings. They found the cross guarantees had no impact on the reserves. The regulator will not comment on what advice or if he took advice before taking the decision to put the insurance company into administration. I don’t know if it is a lack of knowledge or just that you don’t know the different events. Because you continue to mix up the timeline of events and respond to something with a completely different event.

Mark, it may surprise you to know that 2000 people have come forward to hold a rally in Cork.

I agree Mark, it’s at a stage that people like to argue without reading replies. I guess they’re so blinded that simple facts and the truth aren’t relevant anymore. However not reading articles and proper replies is just disgusting and really shows the low level they’re at.

Mark why not reply to the statement in which I said you were wrong? Just reply to that. Explain how your timeline was not wrong. That you are not mixing up events. I await your reply.

That was very insightful. I have no idea what you are talking about. But regards friends well over 5000 people turned up for Sean Quinn a few weeks ago. ‘nuf said.

How Quinn broke many laws: http://www.bbc.co.uk/news/uk-northern-ireland-19063419

ENOUGH SAID!

Biggins, I’m thinking there’s a bit of a crush going on with yourself and Jim….ah shucks

Even if Sean Quinn had never heard of Anglo Irish Bank and never taken a huge gamble on the shares the chances are that he’d be screwed anyway. The reckless way he ran the insurance business would have seen to that.

I don’t think so. Also, while I no faith in this bunch of sleveens we call a government I don’t think they’ve scapegoated Quinn for the destruction of the State. Quinn and his halfwit followers are the ones attempting to pursue a trial by public opinion. If they kept quiet and dealt with their affairs according to the law of the land we wouldn’t hear so much about them. Is Seanie Fitzpatrick holding rallies down in Greystones? They’d lynch him!

Censored,
I think it is unfair to compare the two. Seanie Fitz, it would seem, has a hell of a lot to answer for. His actions are unjustifiable. He was aware of what he was doing at all times, as he had access to the correct information at all times. He is keeping his head low because he knows there is no way he could justify what he has done. Quinn, on the other hand was not given the correct information re the bank, from the word go. He dealt with the bank based on the fictitious accounts that were shown to him at the time. The legality of this will soon be established and then we will see what Quinn’s debt is. This debt is a private one, to a private bank…..nothing to do with the tax-payer until our government decided to burden us with it. The debt that seems to have been forgotten about is the other 33 bn that Anglo also owe. We’ve forgotten about this only because Quinn is taking over the headlines of every paper for the last couple of years…..the rest is being brushed under the carpet. Quinn has taken all the heat, whilst the real culprits hang low. That, in my eyes is text-book scape-goating.

Just a question YF, which I dont know the answer. If, after looking at the books, be they corrupt or not, he felt that buying the shares of the Bank were a good deal, why did he go about it with an underhanded scheme using different avenues to build up his shareholding through CFD’s, one of the most risky forms of share buying known to any investor?

I don’t know the answer to that. All I can say is maybe the books were made look so attractive that the risk involved seemed minimal. I wouldn’t call the secret buying of shares ‘underhand’ either….no-body likes the world knowing their business before their business is complete.

And thats one of the problems YF. The way Quinn did build it up is known to be one of the riskiest in the investor world. And he did it syphoning funds from the one company he had left making money, which led to that company on the verge of collapse. The books may turn out to have been cooked, and for that Anglo, its directors and auditors should be in the witness block beside Quinn. But that in itself cant and shouldnt negate any of the illegal, immoral and plain wrong actions Quinn has and had made. You cannot base the entire defence of this man on the potential validity of Anglos books. Too many other actions that Quinn took were outside the bounds of financial, legal or moral grounds. It isnt just one action that Quinn is being vilified for, but a whole series of them, but hes very clever in his constant preaching to bundle all his failures into one packet that is then defended by the serfs. Unpick the ball of corruption he has gathered up and you will see more than one incident. But I doubt those who have closed their minds to any wrongdoing by The Master will allow free thought to invade their consiousness

Mark, I have never said that Quinn was not wrong in some of the things that he has done. Yes, he has admitted that he transferred funds from his Insurance company. He was punished for this and taken off the board. I’m sure there are very few people high up in the business world who have completely clean slates. I don’t agree with you that he was immoral in any of his actions. I don’t either that he is the bad-ass gangster that you describe his as. I guess there’s room for debate on both sides.

YF
Like most other right minded people I hope Seanie Fitz faces justice, but its also a matter of record that Sean Fitz and the Anglo board had been unaware of the level of shareholding built up in Anglo by Quinn, as this was concealed by Quinn in a number of complex ways. It was actually this realisation which precipitated the loans for shares debacle in a last ditch attempt to save Anglo. This might be unpalatable to you, but research it for yourself.

Biggins you say that we will not listen to facts. But the last time I responded to each of your questions. You continued your copy and paste and I continued to answer. You on the other hand did not answer. I can just imagine the type of person you are. A sad life I am guessing.

Not as sad as a person sticking their head n the sand, unwilling to read full facts (as per your own words above – “Mark, honestly I didn’t bother reading all of it because….”)

As much as you don’t like it – the fact is HE BROKE THE LAW – AND NOT JUST ONCE!

Now carry on with your rubbish and unwillingness to read the actual timelines of events and unwillingness to see the laws that he broke. your unwillingness to see the court orders that he broke, your unwillingness to see the banking loan laws that he broke…
Just carry on with your blind silliness and carry on with your 5,000 blind, blinkered sheep!

…Meanwhile the rest of the nation is seeing what you refuse to and are continuing to do so – that he broke the laws of this land.

He DID and you and your sheep need to kop on and see this.

Thanks Peter, we heard you the first time. You’ve inspired me to try the Quinn defense with my bank, blame them for giving me a loan, then offer to repay them an insulting low sum which is a fraction of what I owe, and when they laugh at me go crying to the media.

Sean, what planet are you living on? Quinn offered to repay 2.8 billion. That is not a small sum and more importantly, it is 2.3 billion more than is legitimately due.

Peter, you have deliberately left out all of the facts relating to this story.

That said, let’s call his bluff. Pay back the 2.8 billion.

Oh right, I forgot. He can’t. Not unless he is allowed to continue running the Quinn companies using cowboy rules, and perhaps not even then. Give it a rest, we’ve heard all your tripe about the “approved by Deutsche Bank” plan too many times already.

Tripe.

I’d say if he had access to that amount of coin he wouldn’t be in the Shisenhausen now would he ?

He offered to pay the money back using the vehilce of his insurance company which has since been proven to be a broken company with a 1.6billion hole in its accounts for which we all are now paying for? How in christs name was he a=going to repay 2.8billion in the 7 years when he had that problem looming over his one final money making asset Peter?