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Sean Quinn, Ireland’s richest man, now declares bankruptcy

Gamble on Anglo Irish Bank shares went disastrously wrong

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I remember when Sean started and a number of the older folks in my part of beautiful Fermanagh having gone up to Swanlinbar on a trip to research on some cattle and there main conversation was how changed the roads around Derrylin were. They were up in I believe June but they said the hedges were "baten back" and covered with "a lime like" snowy effect. They were glad Quinn wasn't the owner of a wee farm in our environmentally pristine part of the county. Yes we were not among the fans and you can be sure Sean and his offspring are well taken care of for generations to come. Although the land shows it's scars.
Well, this could be a bank Robber vs. a Bank robber. What makes no sense to me is that to borrow money from a robbing bank does not equate with lacking funds to pay it back. The analyis in this article is lacking.
who the hell are these people everyone in the world owes money to,who are they to set these exorbitant loans at such massive unpayable interest rates,chase manhatton,rockafeller,etc etc,tell them to go to hell,we are not playing anymore,the nations should own their own banks,and gambling on futures with other people money,ie taxpayers money should be outlawed and punishable with death..and borrowing on the scale which has led to this meltdown should never be allowed on such a scale again,,more than time for rules and regulations monitoring and transparency to be put into european and international law,but dont hold your breath,corruption rules..
if you think he is "completely broke" then you are naive. He will not be begging for money on the street. He will never be homeless. To compare him to the truly poor and people who lost their homes is an insult and once again shows how this "news" site exaggerates.
Ireland's brightest and best.........More to follow.
Nobody would ever be able to persuade me that he hasn't got a few "pennies" squirreled away somewhere... from Billionaire to pauper and nothing to show for it? I think not. Sorry!
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