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Quinn Insurance Truck Protest

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Comments

  • Closed Accounts Posts: 10 michellery


    These truckers are customers of Quinn. The Quinn staff are not disagreeing with the company being taken off Sean Quinn, what they are asking for is that the financial regulator go ahead with taking the company off Sean Quinn.............however they should allow it to continue trading and as such remain a viable company, therefore it can be sold off. The money going back into the Irish economy and jobs being saved. What is wrong with that? The Irish economy could do with the money, the irish civilian tax payers employed by Quinn could do with staying off the dole and continuing to pay tax into the Irish economy. Would you rather the Irish economy lose out on all the refvenue brought in by insurance sales to the UK? lose out the money for the sale of the company as a going concern? and have to pay social welfare payments out to the thousands of people currently employed by Quinn. Funny that coz the employees at Quinn would have thought that the Irish economy could do with the money .......especially with those clowns at the circus/dail running things the way they are. This is too little too late. The people involved in Anglo Irish Banks should all be jailed. However the Irish taxpayers should not have to suffer as a result of it & THAT INCLUDES THE IRISH TAXPAYERS WHO ARE CURRENTLY EMPLOYED AT QUINN WHO HAVE GIVEN THEIR % FROM THEIR WAGES TO BAIL OUT THE BANKS!!! Quinn employees are innocent taxpayers who have had to endure Sean Quinn gambling with their jobs, why are they to be punished further?? have they no right to have a job? have they no right to feed their families and put a roof over their head..........these people are ordinary Irish taxpayers the same as any other Irish taxpayer........all they're trying to do is keep their jobs. The company is now in the hands of the Financial Regulator - Sean Quinn cannot have it back. What they're trying to do now is to keep their jobs. Why do you have a problem with Irish taxpayers trying to keep their jobs? This is no longer about Sean Quinn he is no longer in the picture, if they want to send him to jail so be it. But what the employees of Quinn are trying to say is to sell off Quinn put the money back into the Irish economy and stop these people from having to go on the dole and be a further drain on the Irish economy, rather than continue to pay their tax back into the economy. The Government needs to do something about all the job losses - he needs to stabilise existing Irish jobs so we don't all end up on the dole.


  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    A good example of why this country will remain "meh". A protest where the protesters seem have only the barest clue or choose as spokesmen people who dont. On the other side people moaning about how this will disrupt their lives. The same people who are likely to moan "why isnt anyone doing anything" and consider themselves "rebel Irish".

    The latter is an oxymoron. We're incredibly beige when it comes to any real protest. I did admire the elderly types marching to preserve their well earned medical cards and even then you had the beige drones moaning about disruption. So how do propose to make a diff? Have a small scale legally sanctioned protest at 7 at night? Jesus. Even the fact that the truckers may have gotten permits to travel in the city. You couldnt make this up. Do what the French would do, lock the place down. Make it painful. A slight itch will only require a slight scratch. A searing pain will get you a doctor. As a people we're too damned "polite", though more and more I think its lack of balls and selfishness.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Registered Users, Registered Users 2 Posts: 27,349 ✭✭✭✭super_furry


    LINDABLACK wrote: »
    It's not about Sean Quinn and his mistakes.

    I honestly don't understand how the Quinn action group (welcome new posters by the way) can keep spouting this rubbish. It's not about Sean Quinn but it's somehow about Mary Harney (hur hur she's fat) and Brian Cowen (hur hur he's ugly). Sean Quinn is the only man responsible for the current situation and the regulator is doing his job in trying to clean up his mess. There's a very strange cult of personality that surrounds Quinn that seems to be blinding his supporters to his failures and the fact that Sean Quinn and not the government or regulator is directly responsible for jobs being at risk.


  • Closed Accounts Posts: 1,084 ✭✭✭Barname


    LINDABLACK wrote: »
    Perhaps a few thousand jobs at risk "down in the sticks" is unimportant to Dublin Commuters and Business people. Perhaps the families and communities totally dependent on Quinn both directly and indirectly for employment is irrelevant. This protest is an attempt to highlight the gravity of the situation for all those people and families who's livlihood's are at risk. It's not about Sean Quinn and his mistakes. Let the person who has never made a mistake put his hand up. The crux of this situation is that thousands of people, entire communities in Cavan and Fermanagh will be totally destroyed should the worst come to the worst. Why should these people be criticised for making a stand for their rights? WHY NOT stand up and be counted.......... People have stood idly by for too long in this country, letting a bunch of GOMBEEN's (as someone described the Quinn supporters, merely for their "non dublin" postal address I'd Imagine) ruin our country. I APPLAUD these protesters.... Fair Play to you guys, Keep it up.... Keep your voice heard.....

    Are you for real?

    Go to the source of the problem.

    go protest outside Sean Quinns lakeside mansion


  • Closed Accounts Posts: 10 michellery


    These truckers are customers of Quinn. The Quinn staff are not disagreeing with the company being taken off Sean Quinn, what they are asking for is that the financial regulator go ahead with taking the company off Sean Quinn.............however they should allow it to continue trading and as such remain a viable company, therefore it can be sold off. The money going back into the Irish economy and jobs being saved. What is wrong with that? The Irish economy could do with the money, the irish civilian tax payers employed by Quinn could do with staying off the dole and continuing to pay tax into the Irish economy. Would you rather the Irish economy lose out on all the refvenue brought in by insurance sales to the UK? lose out the money for the sale of the company as a going concern? and have to pay social welfare payments out to the thousands of people currently employed by Quinn. Funny that coz the employees at Quinn would have thought that the Irish economy could do with the money .......especially with those clowns at the circus/dail running things the way they are. This is too little too late. The people involved in Anglo Irish Banks should all be jailed. However the Irish taxpayers should not have to suffer as a result of it & THAT INCLUDES THE IRISH TAXPAYERS WHO ARE CURRENTLY EMPLOYED AT QUINN WHO HAVE GIVEN THEIR % FROM THEIR WAGES TO BAIL OUT THE BANKS!!! Quinn employees are innocent taxpayers who have had to endure Sean Quinn gambling with their jobs, why are they to be punished further?? have they no right to have a job? have they no right to feed their families and put a roof over their head..........these people are ordinary Irish taxpayers the same as any other Irish taxpayer........all they're trying to do is keep their jobs. The company is now in the hands of the Financial Regulator - Sean Quinn cannot have it back. What they're trying to do now is to keep their jobs. Why do you have a problem with Irish taxpayers trying to keep their jobs? This is no longer about Sean Quinn he is no longer in the picture, if they want to send him to jail so be it. But what the employees of Quinn are trying to say is to sell off Quinn put the money back into the Irish economy and stop these people from having to go on the dole and be a further drain on the Irish economy, rather than continue to pay their tax back into the economy. The Government needs to do something about all the job losses - he needs to stabilise existing Irish jobs so we don't all end up on the dole.


  • Registered Users, Registered Users 2 Posts: 13,606 ✭✭✭✭ArmaniJeanss


    Anyone else spot an ever so slight similarity in the writing styles of two of the newer posters in this thread?

    ............


  • Registered Users, Registered Users 2 Posts: 5,273 ✭✭✭racso1975


    LINDABLACK wrote: »
    Perhaps a few thousand jobs at risk "down in the sticks" is unimportant to Dublin Commuters and Business people. Perhaps the families and communities totally dependent on Quinn both directly and indirectly for employment is irrelevant. This protest is an attempt to highlight the gravity of the situation for all those people and families who's livlihood's are at risk. It's not about Sean Quinn and his mistakes. Let the person who has never made a mistake put his hand up. The crux of this situation is that thousands of people, entire communities in Cavan and Fermanagh will be totally destroyed should the worst come to the worst. Why should these people be criticised for making a stand for their rights? WHY NOT stand up and be counted.......... People have stood idly by for too long in this country, letting a bunch of GOMBEEN's (as someone described the Quinn supporters, merely for their "non dublin" postal address I'd Imagine) ruin our country. I APPLAUD these protesters.... Fair Play to you guys, Keep it up.... Keep your voice heard.....

    Out of interest how do you see this situation being resolved?


  • Closed Accounts Posts: 18,239 ✭✭✭✭WindSock


    Wibbs wrote: »
    A good example of why this country will remain "meh". A protest where the protesters seem have only the barest clue or choose as spokesmen people who dont. On the other side people moaning about how this will disrupt their lives. The same people who are likely to moan "why isnt anyone doing anything" and consider themselves "rebel Irish".

    The latter is an oxymoron. We're incredibly beige when it comes to any real protest. I did admire the elderly types marching to preserve their well earned medical cards and even then you had the beige drones moaning about disruption. So how do propose to make a diff? Have a small scale legally sanctioned protest at 7 at night? Jesus. Even the fact that the truckers may have gotten permits to travel in the city. You couldnt make this up. Do what the French would do, lock the place down. Make it painful. A slight itch will only require a slight scratch. A searing pain will get you a doctor. As a people we're too damned "polite", though more and more I think its lack of balls and selfishness.

    I don't buy into this 'fighting Irish' thing. We just don't do it well as a nation. We do a little though, there seems to be a different protest every week, or every few days at this stage. You can't support them all though. Unless they all get it together and realise what the hell we really need to be protesting about.
    I think the Financial Regulator fked up big time in the grander scheme of things. That is why I do not support this protest.


  • Registered Users, Registered Users 2 Posts: 6,519 ✭✭✭Oafley Jones


    Anyone else spot an ever so slight similarity in the writing styles of two of the newer posters in this thread?

    ............

    Noticed that as well.


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  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    Barname wrote: »
    Are you for real?

    Go to the source of the problem.

    go protest outside Sean Quinns lakeside mansion
    I have to agree. The usual cult of personality like super furry said. A particularly irish cult too. You want to be a politician here? Have a father or other close relative that had their head in the trough before you. Go to GAA matches and local shop openings, promise lots to every tinpot town you go through(never deliver of course, God forbid). Dont forget to throw in many references to your credentials, even if the only credentials you may possess are whats left after the best of you dribbled down your daddies leg. Get in to the back benches. Now to really make a diff, become a crook or a moron or a bit of both. Crook is good, the more public the better as you will be guaranteed a landslide victory when election time come around again.

    I dont care if he bought you a pint or said hello once and may have known your name, Sean Quinn and his board of directors and "accountants" should be first on the list. First. Then the so called regulators and government bodies charged with keeping an eye on company practices who quite clearly didnt over the last ten years over various dodgy practices.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Registered Users, Registered Users 2 Posts: 1,672 ✭✭✭thebiglad


    michellery wrote: »
    Trying to ensure that Quinn Insurance can continue to sell UK business until the regulator finds somebody to buy the company and keep it as a going concern

    The administrators and not the Regulator are behind the decision not to reopen all UK business.

    I think that Administrators having reviewed the company have a much better idea about whether the UK business is profitable than any of us (and indeed any of Quinn's staff who appear to believe only what they are told).

    There are 2 further issues -
    1) Maybe the UK business being included with Quinn Insurance would make it less saleable - if it is loss making, who wants to buy that division?
    2) The UK regulator (FSA) is much stricter than Ireland's - the Irish Regulator has a duty to make sure that irish companies trading into UK are economically sound - if he failed in this duty and Quinn Insurance became insolvent the implications for other Irish Insurers trading into the UK from Ireland could be significant.


  • Closed Accounts Posts: 10 michellery


    There should be a National Day of strike against the Government and how he has allowed the country get in the state it is in. Every day there are more and more job losses and people being laid off. There is no motivation for college students and those leaving school. The Financial Regulator and those involved in Anglo Irish bank should be brought to book. Irish tax payers should not be losing their jobs like this while Brian Cowen and his bunch of fools continue to sit in the Dail unscathed. Also the likes of Brian Goggins and the other bunch of crooks who brought this country down through their shoddy bank deals should be JAILED- not given a nice fat pension. Irish tax payers are suffering and whether that be through Quinn, Intel or otherwise it's about time we all stood up to the Irish Government and said ENOUGH..........we've had ENOUGH of being screwed over by you. It's time you did YOUR JOB and stabilised our economy. NO MORE IRISH TAXPAYER JOB LOSSES................the next job that should go if this country continues along these lines is that of Brian Cowen and his cronies. Also the Financial Regulator should be JAILED.


  • Registered Users, Registered Users 2 Posts: 27,349 ✭✭✭✭super_furry


    michellery wrote: »
    Also the Financial Regulator should be JAILED.

    Why?


  • Closed Accounts Posts: 10 michellery


    Actually it is the Financial Regulator - the administrators have put a business plan to the Financial Regulator and he has to sign off on it. Interesting to note that the Financial Regulator is not Irish so why should he care about the Irish economy - if he screws it up like the last one did he can just go home and forget about it.


  • Closed Accounts Posts: 10 michellery


    The Financial Regulator is the one who was supposed to be overseeing all of this - banks included. We do have a new one now, but that's like closing the stable door after the horse has bolted. The original Financial Regulator should be JAILED!!!


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  • Registered Users, Registered Users 2 Posts: 545 ✭✭✭Greyjoy


    LINDABLACK wrote: »
    It's not about Sean Quinn and his mistakes. Let the person who has never made a mistake put his hand up.
    That same line was trotted out by one of the Quinn employees on Newstalk a week or two ago. "We've all made mistakes". As if it's commonplace for people to run up debts of €3bn and gamble with other people's livelihoods. This wasn't simply a case of a bad business decision, it was pure greed that got Sean Quinn into this problem. i think the Quinn supporters would get a lot more backing from the general public if they recognised SQ's culpability in this mess and stopped pointing fingers at everyone else except Quinn.


  • Closed Accounts Posts: 8,492 ✭✭✭Sir Oxman


    michellery wrote: »
    Actually it is the Financial Regulator - the administrators have put a business plan to the Financial Regulator and he has to sign off on it. Interesting to note that the Financial Regulator is not Irish so why should he care about the Irish economy - if he screws it up like the last one did he can just go home and forget about it.


    I'm absolutely delighted he isn't Irish - he's doing the job he's paid for without fear nor favour.
    It's the last Irish one alongwith your stupid boss that has you in this mess.


  • Registered Users, Registered Users 2 Posts: 27,349 ✭✭✭✭super_furry


    michellery wrote: »
    The Financial Regulator is the one who was supposed to be overseeing all of this - banks included. We do have a new one now, but that's like closing the stable door after the horse has bolted. The original Financial Regulator should be JAILED!!!

    And yet you and the rest of the Quinn apologists are crucifying him for doing his job! That xenophobic clap trap about him not being Irish is laughable. The fact that he's not Irish is the very reason why he's actually doing his job - he hasn't been corrupted by the culture of nods and winks that has us in the state we're in.


  • Closed Accounts Posts: 50 ✭✭Butterbox


    michellery wrote: »
    Actually it is the Financial Regulator - the administrators have put a business plan to the Financial Regulator and he has to sign off on it. Interesting to note that the Financial Regulator is not Irish so why should he care about the Irish economy - if he screws it up like the last one did he can just go home and forget about it.

    Considering your rant at the government it is suprising you think being Irish is a prerequisite to doing a good job.


  • Closed Accounts Posts: 12 LINDABLACK


    Noticed that as well.


    Would be nice to express a genuine opinion without arousing suspicion......
    Sorry to blow your conspiracy theory out of the water


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  • Registered Users, Registered Users 2 Posts: 8,483 ✭✭✭Töpher


    You both sure like your arrays of periods.

    ........


  • Registered Users, Registered Users 2 Posts: 1,672 ✭✭✭thebiglad


    Still at least they are doing their bit for the economy -

    Burn up a load of diesel to get to Dublin and then 100 of them will drive on M50 from N7 to M1 and back - that is 2 lots of tolls for each.

    Thanks - long may the protests continue.

    Why is the protest starting in Naas and not Cavan anyhow???


  • Closed Accounts Posts: 12 LINDABLACK


    Expedience........... the regulator and the government need to take action NOW, to prevent the large scale job losses that are on the cards this week. They need to stop sitting on their hands and actually do something to get Quinn Insurance back in business.


  • Registered Users, Registered Users 2 Posts: 932 ✭✭✭Yillan


    This beeping is nothing but pure ignorance and thuggery. Who are they protesting against? Is it the people trying to get quiet enjoyment from their homes? Because those are they people they are getting on the back of. Me for instance.

    I don't know what I or anyone else living in and around the quays have to do with Quinn Insurance and its money flow problems.

    Enjoy your day being tossers, but make sure you're back on the road tomorrow at 6am worker bee. I need my Coca Cola


  • Closed Accounts Posts: 373 ✭✭ocokev


    LINDABLACK wrote: »
    Expedience........... the regulator and the government need to take action NOW, to prevent the large scale job losses that are on the cards this week. They need to stop sitting on their hands and actually do something to get Quinn Insurance back in business.

    I see Twink might be keeping her house afterall.
    http://www.independent.ie/national-news/oh-yes-i-did-twink-wins-one-battle-in-war-to-save-her-home-2153604.html


  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    The reason you're in the crap is because of Quinn and his business practices. Simple as that. Indeed many of us are in the crap because of them. Read up on the dublin glass plant/dublin port authority and a new glass plant being built across the border in the North. Then dig into relationships with anglo etc. If you're not feeling a mix of incredulity and murderous intent after that then you need to read it again.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    Yillan wrote: »
    This beeping is nothing but pure ignorance and thuggery.
    Its called a protest. Its what it sounds like.
    Who are they protesting against?
    +1 Thats the part I have issue with. They dont seem to know.
    I don't know what I or anyone else living in and around the quays have to do with Quinn Insurance and its money flow problems.
    That's the kind of attitude that has this country the way it is. It's not my problemism. Except it is. You and your grandkids will be paying for the fcukups of the last 10 years and paying hard.
    LINDABLACK wrote:
    Expedience........... the regulator and the government need to take action NOW, to prevent the large scale job losses that are on the cards this week. They need to stop sitting on their hands and actually do something to get Quinn Insurance back in business.
    Great in theory. If and only if its a profitable business. Otherwise we'll be doing another NAMA stylee bailout using taxpayer money to prop up a shaky business. Throwing good money after bad. Actually throwing good money we can ill afford after money that was barely there in the first place. To make it a profitable business and not a different way to pay social welfare to the employees, chances are joblosses will happen. We may have to accept cutting off of extra fat to make this business and others actually viable and sustainable.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Closed Accounts Posts: 3,418 ✭✭✭Jip


    Is michellery for real ? She has no idea, like the truck drivers, of what has gone on here. If Quinn had a water supply company I'd be seriously wondering what sort of brain washing fluid he's putting in it.


  • Closed Accounts Posts: 40 JasonR16


    LINDABLACK wrote: »
    Expedience........... the regulator and the government need to take action NOW, to prevent the large scale job losses that are on the cards this week. They need to stop sitting on their hands and actually do something to get Quinn Insurance back in business.

    I doubt the regulator is just sitting on their hands and the Government shouldn't be putting any pressure on the regulator as that's a big reason things are how they are.

    Create and save jobs yes but not by relaxing regulations and allowing a situation to go unchecked.

    What would people say if the regulator stepped back and then Quinn folded on its own terms taking a lot more than 500 jobs out of the economy.


  • Registered Users, Registered Users 2 Posts: 1,241 ✭✭✭baalthor


    LINDABLACK wrote: »
    It's not about Sean Quinn and his mistakes. Let the person who has never made a mistake put his hand up.

    In a family situation, if the husband/wife/head of family came home one evening and announced that they'd bet the entire families life savings on a horse in the 3.30 at Punchestown and it came last ... would it be OK for them to say "it was a mistake ... hands up who hasn't made a mistake ..let's move on" ?

    The above is a very toned down analogy of Sean Quinn's behaviour.


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  • Registered Users, Registered Users 2 Posts: 4,067 ✭✭✭Gunmonkey


    JasonR16 wrote: »
    What would people say if the regulator stepped back and then Quinn folded on its own terms taking a lot more than 500 jobs out of the economy.

    Oh well then there would be a protest at the government for not regulating the company and allowing it to fold without doing anything :rolleyes:

    And to LINDABLACK and michellery, what should the government do exactly?? No "they should stop job losses" or such BS, what actual physical steps will make Quinn not a massive dead duck outside of just throwing more money into the Quinn blackhole?


  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    baalthor wrote: »
    In a family situation, if the husband/wife/head of family came home one evening and announced that they'd bet the entire families life savings on a horse in the 3.30 at Punchestown and it came last ... would it be OK for them to say "it was a mistake ... hands up who hasn't made a mistake ..let's move on" ?

    The above is a very toned down analogy of Sean Quinn's behaviour.
    +10000000000000000000000 and 1 for good measure. That's a very toned down analogy. More like bet other peoples money on the horse. A horse owned by the head of the family and friends. A horse they knew had a gammy knee but hid same from the course officials,until it fell over halfway around and rolled over the jockey.

    Why people are refusing to see where the rot lies and aiming elsewhere is truly beyond me. Well its not TBH. Its very "irish". We admire monumental failure and human fcukups, even better if they're "one of our own. Lovey man, said hello once and I doffed my cap" types. The earlier example by michellery of the overt xenophobia towards someone that's not "one of our own boy" says it all.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    Gunmonkey wrote: »
    And to LINDABLACK and michellery, what should the government do exactly?? No "they should stop job losses" or such BS, what actual physical steps will make Quinn not a massive dead duck outside of just throwing more money into the Quinn blackhole?
    Well I say let it "fail" tbh. Leave it somewhat to market forces, strip it back to a more lean sustainable company model. This will cause job losses yes, but what would be left would be secure. Then again I would have let anglo fail. IMHO it would have worked out cheaper long term.

    I would further drag the architects of this mess through the courts. Seize what assets they had and add it to the public purse. When people are being sent to prison for non payment of a bloody TV licence and these muppets are walking around scot free and in some cases getting bonuses something is rotten in the state of denmark.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Banned (with Prison Access) Posts: 225 ✭✭calahans


    The irish regulator should be jailed???! Do you mean the previous occupant of the job (Neary)?

    The thing to do is get the trucks up to Quinns house and get the 200 million he gave his children last year back into the companies coffers. That should go part way to sorting out the liquidity problem.


  • Registered Users, Registered Users 2 Posts: 1,241 ✭✭✭baalthor


    Wibbs wrote: »
    +10000000000000000000000 and 1 for good measure. That's a very toned down analogy. More like bet other peoples money on the horse. A horse owned by the head of the family and friends. A horse they knew had a gammy knee but hid same from the course officials,until it fell over halfway around and rolled over the jockey.

    Why people are refusing to see where the rot lies and aiming elsewhere is truly beyond me. Well its not TBH. Its very "irish". We admire monumental failure and human fcukups, even better if they're "one of our own. Lovey man, said hello once and I doffed my cap" types. The earlier example by michellery of the overt xenophobia towards someone that's not "one of our own boy" says it all.

    I'm surprised there hasn't been more investigation and analysis of Quinn's activities with Anglo in the media (OK maybe I'm not that surprised). When you read up on how CFDs work the incredible recklessness of Quinn's behaviour becomes apparent. It had nothing to do with "investing" as his supporters claim.

    When he was initially reported to have lost €1bn the consensus in the media was: "sure he has plenty more where that came from". The implication was that it was a big loss but not that big a deal. Now we know better ...

    I get the feeling that Quinn's speculation and loss of his entire fortune of several billion should be a much bigger story - never mind Ireland, how often does something on this scale happen anywhere in the world?

    The questions that should be asked:

    Why did Quinn decide to speculate in Anglo? Was it just the desire to make easy money or was it as a result of existing underlying problems within the company?

    Did Quinn, his advisors or the company directors understand the implications of that they were doing ? Did everyone in charge actually know what was going on?

    What were the circumstances of the decision to distribute hundreds of millions of euro to the Quinn children? Was this an insurance policy in case things went down the tubes later? What were the time lines involved - did the Quinnlets receive their payout before the Anglo speculation?

    How sustainable was the Quinn Insurance and Quinn Group business model? I remember Quinn Insurance getting rapped on the knuckles over not having enough financial cover back in 2001. Again, did issues with the Insurance division or the wider company lead to the decision to gamble on Anglo?
    Does having low premiums and higher risk customers actually make sense for an insurance company?

    What where the circumstances of the decision by Anglo to help Quinn cover his losses by borrowing money from Anglo to buy shares in .... Anglo ? The main question here is: how was this even legal ??

    And of course, there are the many question involving Quinn and the Anglo bail-out. Was the Quinn Group a factor in the decision to nationalise Anglo?
    How much did the government or financial authorities know about Quinn's difficulties before the financial collapse in 2008?

    Finally, bonus joke question: did the Financial Regulator have any idea what was going?


  • Posts: 0 CMod ✭✭✭✭ Cataleya Tender Timekeeper


    calahans wrote: »
    The irish regulator should be jailed???! Do you mean the previous occupant of the job (Neary)?

    seems so
    We do have a new one now, but that's like closing the stable door after the horse has bolted. The original Financial Regulator should be JAILED

    I was about to start ranting about how having a regulator finally doing the actual job is being slagged off and no wonder the country is in the way it's in, until I saw that post


  • Registered Users, Registered Users 2 Posts: 500 ✭✭✭The HorsesMouth


    The gombeenism of people in this country never ceases to amaze.

    Bringing a protest about jobs going in Cavan/Monaghan/Leitrim etc due to the greed and bad practices of a Fermanagh based company up to where folks??....Dublin!

    Sorry lads, it the N3 you're looking for there not the N7.

    And as for the head Gombeen,spokesman Barry O'Reilly, 'I'm a customer of Quinn and this is for jobs, real jobs' - as opposed to what, imaginary dreamt up charlie in the chocolate factory jobs??

    How many people have lost their jobs in construction due to bad decisions by their companies,administrators being brought in and tougher (better) regulation in the past 2 years? Id say damn well more than the 5500 Quinn workers. Yes its tough and no one wants to see anymore people losing their jobs but its Sean Quinns own fault, and pointlessly honking up and down the quays is not going to change Matther Elderfields mind and rightly so.


  • Registered Users, Registered Users 2 Posts: 13,591 ✭✭✭✭Aidric


    These are the actions of some very misguided individuals and in fact greedy ones.
    I heard that guy interviewed on Hook yesterday and my mouth was open for most of it.
    He was looking at this purely from his own point of view and also retrospectively.
    His argument was that as a creditor of Quinn he had never experienced issues with being paid in a prompt manner. That's all well and good but Quinn Insurance went in to administration as a result of the recklessness of Sean Quinn using CFDs. In fact it will go down in the history of world stock markets as one of the largest losing bets using CFDs.
    This guy along with all the other blind protestors should really educate themselves before swearing blind allegiance. As a country we should count ourselves lucky that we now have a regulator who is on top of his brief.
    If he had been in situ a few years ago we might not be in such a sorry state.


  • Registered Users, Registered Users 2 Posts: 1,322 ✭✭✭Mad_Max


    Heard this on the last word:

    Seanie doesn't deserve to be help up and shot. Everyone makes mistakes. Keep these jobs in Ireland.

    Sweet suffering jesus.

    The education system is clearly ****E outside the pale.


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  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,217 Mod ✭✭✭✭Wibbs


    Mad_Max wrote: »
    Heard this on the last word:

    Seanie doesn't deserve to be help up and shot. Everyone makes mistakes. Keep these jobs in Ireland.

    Sweet suffering jesus.
    It's that irish disease. The ah shure he's a great fella, I knew his fatha and shure didnt he stick it to the dubs/culchies/brits parish pump ballsology that has made us bend over time and time again.

    Look at the crooked politicians over the years. They've been cheered as they came out of tribunals and/or they've been re elected in a landslide victory. The bankers will get more brickbats thrown at them as they're seen as privileged or worse west brits, but jack the lads will walk free.

    I love this country and it's people and they has given the world so so much over the centuries. Never mind a cultural impact far out of proportion to our size. What Irish men and women have done for other countries is a long list. There's barely a south american country that didnt have a mick help build it, there's few african countries who didnt have micks educating the locals and building hospitals thus paving the way for independence in many cases. If theres a disaster anywhere among the very first in and the very last to leave are the irish. The UK reporter Kate Addie noted this along the lines of "if you're in an area and a load of Irish aid workers show up something has gone down or is about to".

    We have a proud history. Except in our own backyard, where the most unimaginative english "comedian" in a dagenham working mans club couldnt get close to the litany of real jokes that pass for politics, crooked business dealing, religious nuttery, infrastructure fcukups and frankly gombeenism and yes I'm sorry, uniformed stupidity and bullheaded selfishness among the electorate.

    This "protest" sums it up. Wrongly targeted, "Im alright jack" toothless and with little brains or solution behind it. And it will change nothing. Well done.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • Closed Accounts Posts: 27,252 ✭✭✭✭stovelid


    I don't know about the politics, but I'm wholly sympathetic to any middle-aged man (raised on Yorkie Ads, Smokey and the Bandit and Convoy) to freewheel around town and use one's horn in such a manner.

    I can only hope that they were communicating with each other gruffly on 70's-style CB handsets while doing so.


  • Registered Users, Registered Users 2 Posts: 112 ✭✭Frelance


    This protest wasnt organised by Quinn's. It was customers and some business' companies involved in haulage. Alot were from NI.
    From my understanding they were protesting at the decision by the regulator not to let them renew and take out new policies which leaves them having to insure with other companies they have no experience with and sometimes at much higher premiums.


  • Registered Users, Registered Users 2 Posts: 14,681 ✭✭✭✭P_1


    Frelance wrote: »
    This protest wasnt organised by Quinn's. It was customers and some business' companies involved in haulage. Alot were from NI.
    From my understanding they were protesting at the decision by the regulator not to let them renew and take out new policies which leaves them having to insure with other companies they have no experience with and sometimes at much higher premiums.


    Why therefore did they choose to block off Dublin and hand a protest letter to Clowen? That doesn't make too much sense now does it?


  • Registered Users, Registered Users 2 Posts: 112 ✭✭Frelance


    pithater1 wrote: »
    Why therefore did they choose to block off Dublin and hand a protest letter to Clowen? That doesn't make too much sense now does it?

    Because decisions regarding the future of Quinn's are hardly being held in Stormont are they?
    A protest in the North is pointless


  • Registered Users, Registered Users 2 Posts: 14,681 ✭✭✭✭P_1


    Frelance wrote: »
    Because decisions regarding the future of Quinn's are hardly being held in Stormont are they?
    A protest in the North is pointless

    True but in all honesty why should Clowen, and by extension, we give 2 fúcks about a load of nordie truck drivers.


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  • Closed Accounts Posts: 8,704 ✭✭✭squod


    Why weren't they directed through the port tunnel? Could they not fit or sumthin?


  • Registered Users, Registered Users 2 Posts: 112 ✭✭Frelance


    pithater1 wrote: »
    True but in all honesty why should Clowen, and by extension, we give 2 fúcks about a load of nordie truck drivers.

    Because those NI/UK drivers made up most of the business Quinn's does. At least 70% and since Quinn's cant insure them anymore hundreds of southern and northern jobs are at stake. (My own job included)


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