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THE QUINN GROUP says that most of its operating loss of €888m for 2009, and pre-tax loss of €852m, relate to the insurance part of the group, which is currently under administration.
Turnover for the group, including the insurance arm, fell from €2.2bn in 2008 to €1.6bn in 2009.
Quinn Insurance had operating losses of €644m in 2009. The High Court appointed two administrators to the company in March and those administrators have agreed to sell the company to US insurance giant Liberty Mutual and Anglo Irish Bank.
The chief executive of the Quinn Group, Paul O’Brien, said results for 2009 were “hugely disappointing”, but said he was encouraged by the performance of the group’s manufacturing business, which made €104m in 2009.
“The future of our group now lies in our manufacturing businesses, which are involved in container glass, construction products, plastics and packaging and radiators across a number of jurisdictions,” he said.
O’Brien wished the new owners of Quinn Insurance “every success in their efforts to restore the business to full strength and thereby protect the jobs in that business”.
Seem’s nonsensensel after that length of time
@FlopFlipU: new word for the dictionary there.
@FlopFlipU: you’re right, they should have done it years ago.
@Carnac: incredibly society sends out the message its wrong to kill, by engaging in the same act. Surely we are greater than this barbarism?
It is poignant that one of the victims, Judge Vance, was personally opposed to the death penalty.
@Michael Lang: Well Tony, you are really enthusiastic about State sanction in taking away life in the referendum articles but here you find it lamentable. The law is there to stop bad people from doing worse where taking away life is concerned and not for entitlements granted for the crime of inconvenience of ‘choice’ as you have it. People either want the law as a protecting principle or they do not in which case the latter signals anarchy in society.
@Gerald Kelleher: what’s your response then to a woman being denied chemo because she’s pregnant? It’s not just down to “inconvenience”. There’s a lot more at play here.
@Kian: The issue is whether State sanctioned entitlement to take away life based on willful intent is different from genuine medical issues . You can’t jump into your car and willfully drive into a pedestrian and claim it is the same thing as an unfortunate accident so why claim they are the same thing.
There is indeed more at play than the superficial choice/no choice structure, it is the dynamics which polarize a society by way of the law and it has brought nothing positive to society where it was introduced unless you think an entitlement/victim culture is a positive.
@Gerald Kelleher: is it possible for you to make even one comment on here without using the word entitlement?
@EillieEs: Don’t you know, Gerry is entitled to use the word entitlement
@Gerald Kelleher: wilful intend and genuine medical issues are the same when the law treats them the same. I know it’s hard for you to understand simple concepts but this article is about the state killing a man. You brought up an issue that is entirely different then complained when someone pointed out a genuine scenario in your shoehorned topic.
@EillieEs: People who go into the referendum will not be voting on humane medical issues, they will be voting on legal entitlements. The trojan horse for these unwanted and unnecessary entitlements is outwardly pro-life vs pro-choice but the real issue is legal impartiality.
An act of national self deception which has done nothing but polarize society where the law is no longer an absolute protector of life in society.
@Gerald Kelleher: while you’re already off topic how do you feel about vaccines?
@Kian: as a rule women are not denied chemo while pregnant, I worked in oncology for five years and saw many pregnant women receive chemo with a successful outcome for all concerned.
Roy Hodgson has aged badly in the past few months
Morals aside for a minute, there is still a strong argument against the death penalty, the fact that it is irreversible. Far too many innocent people have been executed by law over the years in the US and elsewhere
@Matt Beaumont: But this guy wasn’t innocent so they could’ve done it there & then.
@Matt Beaumont: what this guy did is reprehensible but I still don’t believe in the death penalty.
How much money did he cost the state in 20 years feeding him and minding him?
2 men were murdered by him in a most despicable way,in their homes relaxing,then blown to pieces.My question is why did it take 20 years.To all the do gooders out There,if it was a relative of yours would you be so critical of his execution?
@Gerry Fallon: Probably had the case tied up in the courts with appeals, re-trials, human rights hearings, lack of lethal injection chemicals, awaiting rulings etc..
@Gerry Fallon: It’s far cheaper to imprison someone for life without parole than to execute them
Barbaric
@Gavin Daly: He was, but at least now he’s dead
@Gavin Daly: Couldn’t agree more. Sending mail bombs is not just barbaric but also cowardly!
@Sean Murnin: And murdering a helpless prisoner is the height of bravery? Whatever happened to two wrongs don’t make a right?
@Gareth Murphy: Helpless prisoner, that’s funny. Did you read the article? He was a cold and calculated murderer.
@Gareth Murphy: just because someone said it doesn’t mean it’s true..it is just a saying. How about two wrongs mean there won’t be a third.
@Sean Murnin: justice is not the same as revenge
@Sean Murnin: yep, and the state has just proved itself equally barbaric and cowardly by murdering him
He was murdered by the state simple as that. Just not ok. A perfect quote from a serial killer Richard Ramirez “ Killing is killing, whether done for duty, profit or fun. Think about that. Also look up black stones formulation. The death penalty is barbaric. Just because you are a Supreme Court judge means you have the right because of a job you do to grant killing another person? 31 states still murder people. The youngest George Stinney was sentenced to death at ten years old and killed at fourteen. He was innocent.
@Deirdre McDonnell: to be honest, the fact your quoting a serial killer in your argument actually lessens the argument against the death penalty
@The Dons: Its the meaning behind it. That’s all that matters. Sure ignore all the other facts I mentioned!
@Deirdre McDonnell:
If you want to stick to the facts you would understand that not all killing is murder. That’s just sensationalisation to try and enhance your argument.
@Nick Allen: A judge signing the death warrant of any human being is premeditated murder murder. Fact
@Deirdre McDonnell: I get the point you are trying to make, but really…quoting Richard Ramirez is not a good look. He was a seriously, mentally ill person who delighted in making animals and people suffer. He was never going to be rehabilitated. He was never going to be able to live in society. Ramirez is not a good argument for refuting the death penalty. Quite frankly, it would have been more humane to put him out of his misery. And Charles Manson said the same thing before him. Ramirez was simply mimicking him. So perhaps you should rethink your strategy when trying to make your points in the future.
@Deirdre McDonnell:
How do you make that out as fact? You may not like it but the definition of murder is very clear and a judge signing a death warrant is not murder. I appreciate it doesn’t suit your argument and although it may sound good in your post to use the word ‘murder’, it is incorrect and is only sensationalism on your part. Do try to stick to the facts
@Nick Allen: The death penalty is just state sanctioned murder, fact
@Larissa Caroline Nikolaus:
Simply writing ‘fact’ at the end of your comment doesn’t actually make it so. A little reading on the subject by you and you will quickly learn that it is a highly debated point and capital punishment being murder is actually your opinion and not a fact.
@Deirdre McDonnell: Google Oba Chandlers crime and come back to me .
@Patty Cullinane: Like I said,I am asking you think of what Richard Ramirez said,what it means. It doesn’t matter if Mickey Mouse said it. I’ll break it down for you. If you kill someone during duty like a war it’s still murder. If you take a life because maybe your got paid to say like a hit man well that’s still murder and if you kill someone for the craic well guess what..That’s actually still murder. Oh and Charles Manson never actually murdered anyone!
@Quentin Moriarty: Am not Being rude here but there are a hell of a lot of killers worse than him who didn’t get the death penalty. Maybe do some research if you are into real crime, maybe don’t google David Parker Ray or Lawrence Bitticker! They make who you said look tame! Keep them locked up forever. Let other prisoners kill them. I don’t care,I just do not agree on state murder
I guess they felt that death by natural causes when you’re in your 80′s just wasn’t quick enough!
@Dotty Funerary: to be fair they should have got rid of the sub human sc{}m earlier alright
@The Dons: True, though your crimes always catch up with you in the end…
@Dotty Dunleary: True, but the problem is he was given more or less till the end anyway
Whether it’s right or wrong you agree or don’t , the death penalty in a state is the penalty for the crime , and the perpetrator knows the law but willing to do the crime anyway ? He trained in law and didn’t abide by the rules when turned down for a law position !
BARBARIC AMERICA
@Mel Lloyd: True, but at least they killed the fecker in the end, its only what he deserved.
If they have all the evidence then they should do it immediately on conviction.
@Keith McDonagh: Just as well they don’t eh considering the amount of people exonerated each year but don’t let that fact stop your stupid comments!
Why is there no photo of Robert E Robinson? There were two victims. I’d like to see some equality.
Spiteful and vindictive action by the state. For shame …
Spiteful and vindictive action by the state. For shame …
Nice age to go and better than being hit by a bus
83. Cheaper if the waited another few years
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