In the second part of a three-part documentary screened by RTÉ tonight, he talked about the huge gamble he took on bank shares which ultimately bankrupted his companies.
The second part of the series, Quinn Country, focused on the collapse of the Quinn Group - a huge business empire employing thousands of people along the Cavan/Fermanagh border. The programme looked at Seán Quinn's decision to buy large numbers of share options in Anglo Irish Bank. Mr Quinn continued to buy them even as the share price slid due to the 2008 international banking crisis.He continued to take a financial position despite senior Anglo executives telling him not to - at one point holding options for more than 25% of it.
The Quinn program can all be summed up in one word GREED.
I thought that Anglo advised Quinn that CFD’s were a good investment. Did I also hear or read that negotiable instruments were the same as cash reserves? Just saying.
Will do the same type of program on Neary, Drumm, Fitzpatrick and Fingleton? They gave Quinn our money he gambled and lost. But they were responsible for looking after our interests and didn’t.
7
Keep the ball rolling and do a piece on everyone involved in Anglo and where they are now
He's not in a caravan now Should be in jail greedy bastard
Hi RTE seeing as you did a piece on Sean, now its time to do a piece on all the other developers who went into nama its only right fair and proportionate reporting after all will I supply a list ?
He drove a Chevy & we’re still paying the levy
The Golden Circle and the government who swore they'd never tell the public but we had to hand over our money and our lives for them.
I don’t want to know anything about that despicable person. Please stop posting about him.
How much did he cost this country?
Watched it tonight a pathetic Alan Dukes smiling all the way through what more could you expect from a former FG leader shameful
Picture is more clearer tonight .not the man I thought he was .
That's kind of him. A lorry driver turned builder, turned clown investor. The public have been paying back his debt ever since.
Quinn thought he was Brett Maverick, he rolled the dice gambled and lost, at his age he should have been more Kenny Rodgers, know when to hold them know when to fold them. He should be in Mountjoy.
If he was from Dublin he wouldn't of lost his businesses.
We pick up the tab for his gambling debts..Greed is a disease..
Will this series be repeated?
Should of being given concrete shoes and a nice trip to the lake . Greedy yoke
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