For all that, Quinn clan throws at Anglo bear in mind Sean Quinn worshiped at the high alter of Anglo. He owned 28% of it via CFDs. The demise of Quinn relates to his failure to unwind a 28% block of Anglo shares held in the inherently unstable CFD method. Quinn was never more than a straw man. The point is not that this man got himself into this mess due to his own arrogance and ignorance. The crux of the problem for many is that they unethically sought to stash this collateral away in a most cynical manner; resulting in the Irish taxpayers having to pick up the tab for their sins. This is simply indefensible. It was a shame yesterday to see approx 6000 people exploited by the Gombeen rhetoric of Quinn and his supporters.
The following evidence emerged from the high court yesterday.
Family members were to receive up to € 7. 5m each if injured or an assassination attempt happened whilst employed by the Russian Companies.
Employment contracts worth up to €36m each were signed.
In addition, substantial annual wages up to €560,000 each with a wide range of benefits
The above evidence was comes from the deliberately smashed computers in their Russian office.
The destruction of the computer happened just a day or so after the High Court made restraining orders against the Quins.
Other emails showed that Sean Quinn Jnr was still dealing with property management issues for these Russian companies, months after the Quinns told the High Court, they had lost control of those companies.
Counsel said the Quinns had given “utterly false” evidence in the High Court contempt proceedings about not being in control of the Russian compnies
Mortgage arrears scheme
Fine Gael Councillor Michael Murphy has welcomed the Government’s provision of free, independent financial advice for homeowners in difficulty with their mortgage. Ah, hem Michael what you fail to highlight is this scheme will only be available for a fraction of those with mortgage difficulties.
The scheme is no more than waffle and hot air. It will solve little or nothing already time to bin it.
Ireland a Review
Ireland has been an astonishingly corrupt society with rampant political criminality at the top of Government and zero accountability since the 1960s… it’s the spoofer, the wide boy, the unscrupulous chancer and con man that have thrived.
I really begin to think that as a nation we enjoy this purgatory called Ireland.
Kenny wants to ‘squeeze maximum’ out of deal
Next, he will want to squeeze water out of a stone. Maybe a true son of Fin M’Coul somehow I doubt it more like the fairy at the end of the garden.
Yes, Prince of Vested interest I will do all you ask.
Secret donor promises €500,000 to help Quinn’s legal action against the former Anglo Irish Bank.
Could this be somebody with property abroad? Maybe rather close to the family. Will the donation be legal, will it be taxable?
A HIGH Court judge – dealing with an application in the Sean Quinn bankruptcy case – has issued a warning today on the risks associated with contempt.
Mr Justice Peter Charleton told Sean Quinn’s daughter Brenda Quinn, and her brothers-in-law Niall McPartland and Stephen Kelly, that if anyone was tempted to destroy documents it would be contempt of court.
After hearing that computer memory sticks had been stolen from Kelly’s car the judge said contempt could arise if documents thrown to the bottom of the sea should later be recovered from a lobster pot.
He said the same could apply in relation to any other ‘‘imaginative’’ scheme to dispose of documents.
Judge Charleton allowed law firm Eversheds, who have represented the Quinns in proceedings involving former Anglo Irish Bank, to withdraw from representing them.
It means they will no longer have legal representation, but the judge was yesterday told by Brenda that the family was determined, if necessary, to legally defend themselves.
The Quinns are seeking to avoid liability for loans of €2.88 billion made to various Quinn companies by the bank, now Irish Bank Resolution Corporation (IBRC.)
Mrs Patricia Quinn, Mr Quinn’s wife, and their five adult children have also brought proceedings in the Commercial Court against IBRC, claiming they are not liable for some €2.35 billion of loans made to Quinn companies due to alleged illegal conduct by the bank in advancing them to support its share price.
Judge Charleton told Ms Quinn, McPartland and Kelly that it was “pretty close to inconceivable” that this case could be mounted without some legal advice.
Asked by the judge what they planned to do next now that they had no legal team, Niall McPartland said they were looking for a bit more time to consider their options. For financial reasons they were not able to fund the litigation going forward and did not object to Eversheds comong off record.
Mr McPartland said they had been compelled by the court to make disclosure of documents, but they were having difficulty with how they were going to pay for these disclosure obligations.
Counsel for a Receiver, who has been appointed over Quinn family assets, told the court the Quinns were claiming that certain documents had been stolen and they were writing to them requesting details of the theft and if there was an electronic backup.
Lawyers for the Quinn family will bring an application to the high court to stop representing them. The application is before the court on Monday.
The Quinns say they have been forced to instruct their solicitors to withdraw from representing them.
In a statement, the IBRC noted the motion and said that it would be inappropriate to speculate on the reasons for such a withdrawal.
It said, however, that the Court has made express provision for the discharge of reasonable legal expenses arising from the Quinn family litigation.
Perception is this is no more than tactical manoeuvring by the Quinns -Have pity on us; we have been hard done by, wine, moan we did nothing wrong.
Interviewer: Sean can you describe what it is like to be bunged up in Mountjoy the land of sodomy and sadness.
Sean: To be honest with you prison is not the laugh I thought it would be. Imagine an important guy like me being incarcerated in a dump like this
Do these people not realize that the law of the privileged applies in this case? You must understand that the fiefdom law of Quinn in all cases supersedes common law. How dear those bastards lock me up
Standards here are very low. Blah moan wealth, blah whine riches, people here have no concept of what affluence really means, no appreciation.
Can you imagine being banged up with all those Antos and ethnic Limerick lads?
On my first day, an old black geezer took me under his wing and showed me how to avoid the beatings and rape. I can tell you I am streetwise now. Let me just say I learned lessons in here about recouping the family fortune
Everyone in hear from top to bottom is quiet corrupt and I must say I enjoy that element of prison life.
In here, you can get whatever you want. I have respect as I am now teaching people to read and write, add and subtract. Illiterate drug dealers are paying me good money for teaching them money disposal tricks. I am held in high esteem but for most life is only about slopping out sadness and sodomy. No, worry my man I will be out of this dump soon. The Da will surly come and get me sure, what could go wrong all a big mistake.
Can you trust International Banking?
Judge for yourself
Just a quick look at recent developments
Standard Chartered accused of exposing the US to terrorists, drug dealers, and weapon dealers by hiding $250 billion of transactions with the Iranian government.
Deutsche Bank admits Libor involvement.
Germany’s biggest bank faces regulatory action after admitting complicity in rate-fixing scandal along with Barclays.
HSBC ‘allowed drug cartels to launder money’
Early July –details of Barclay’s bank/ *Libor’s scandal started to emerge (rate fixing)
The governing bank of England was also aware of this illegal manipulation.
In Canada – participants in the Libor scandel include the Canadian branches of the Royal Bank of Scotland, HSBC, Deutsche Bank, JP Morgan Bank, and Citibank, as well as ICAP (Intercapital), an interdealer broker.
USA- In the USA regulators were focusing on Bank of America Corp., Citigroup Inc. and UBS AG in their probe of Libor’s rate manipulation.
Goldman Sachs has not yet faced the music for cooking the books of Greece.
This manipulation allowed the Greeks to falsely comply with the requirements for Euro zone admission.
Will they ever be sanctioned and if not why?
What you will understand from the above is all the major banks are involved in illegal rate fixing.
Rate fixing means, you Johnny Citizen gets cheated out of money and the bankers get fat bonus payments
* the London inter-bank offered rate
The Fraudulent Traveller
This rather silly senator appears to be hell-bent on setting a senate record for difficulties with the law. Let us have a look at her track- record. She took her plumber take her to court rather than pay him what he was owed. Had planning permission for a two-story garage refused? She went ahead and built it regardless of the law. Officials recommended demolition of the building due to blatant flaunting of the planning process. However, a “higher” up “official” granted her retention. I wonder if this could be maybe a close by senior say like in Mayo. In early July, this woman received a fine for not having road tax on her Merc c180. She stated that this was an oversight on her part. In Late July fined €100 for not having a train ticket. The very same senator receives €2,424 a month in travel and accommodation expenses. One might say a nice little earner when you do not pay your road tax or train fares. Jesus’ lads but you cannot beat the old gravy train. Some neck on this woman but then again, rules and regulations only apply to the serfs. It might be interesting to check out her overnight accommodation expenses to see how they stack up. Between oversights, lack of foresight and poor visual vision one wonders how this woman can even find her way to the senate let alone claim expenses.
To compound all this nonsense Fine Gael issued this gobbledygook as a damage limitation exercise.
Senator Healy Eames boarded the 6.50am train to Dublin in a rush, at Athenry station yesterday morning (Thursday). She did so on the understanding that she would be able to purchase a ticket on board, as she had previously done on recent occasions. An officer approached her from the revenue protection unit on board who asked her for ID. She produced her Seanad ID card. She offered to buy a ticket as normal. He told her she could not buy a ticket from him and fined her €100.
It appears the true heirs to the Feeling small party are well and truly on board the gravy train.
Daddy says Skippy won’t be going back” to face the prospect of jail in the Republic. Daddy says he has no chance of getting “fair play or justice” because of the corrupt way the authorities have handled the Quinn case. Daddy says Young Skippy is under a lot of pressure, and he deserves our sympathy. If daddy Quinn has evidence of “the corrupt way the authorities handled the case,” then perhaps he might share the information with the Gardai. Let us all remind Daddy Quinn that the entire nation witnessed dear little Skippy on video lying through his teeth. Let’s jog the memory of the old Quinn a little further and say “Sir” you son was given every chance to comply with the law but failed to do so. He skipped court and did a runner. The sheer arrogance and smug self-righteousness by the Quinn family of their wrongdoing defies belief. Hopefully at the end of the day they will all end in Jail. —————————————————————————————————————————-
Are you Ready to be a Bonded Serf?
What the major political parties will not tell you is there is no way forward from the current economic crisis except a doomsday scenario. Are they preparing for it? Yes is the answer. The current system is to be replaced by the new political credo of “Economic serfdom” which means welcome to P.I.G.S. party feudalism. The middle classes and working classes will shortly cease to exist. What this means is that 95% of the population will become bonded serfs to the privileged. Future generations will be born into economic slavery to serve the Elites. They will be controlled by the enforcers of the vested interests until released by death from exhaustion having procreated to keep the supply system going. The Royalty of Banks, the Royalty of Global Business, and the Royalty of Unelected Leaders are now your governors such is your destiny.
The billion barrel oil find off the Cork coast
Hurray, hurrah we are rich once again. Twenty-five per cent of the corporate profit is our cut, however; there are two points to note. They can write off exploration costs against tax. The twenty-five per cent can increase to forty depending on the profitability of the field. This is a red herring, as the number crunchers will ensure this never happens. I guaranteed we will get **** yet once again. It looks like we are destined to remain Kings of the Sardine industry. Now that chap Chavez begins to look rather interesting. Just how did he do it, perhaps time for a government junket to Venezuela?
Mario Draghi the man who pulls the fiscal strings in Europe. Does he represent the people of Europe? Not on your life, he has one interest and that is to take care of his friends in Banking. Consider the following.
2. Worked for Goldman Sucks
3. Former Governor of the Bank of Italy
4. Worked for Italian Treasury
5. Worked for the Bank of International Settlements
6. Worked for the World Bank
Does this look like the CV of a trustworthy man? Be assured he will not work in your interest but he knows how to stir it up. Yes the very same man who insisted we pay penal interest rates for the bailout.
€6000.00 per head per month to the Quinn family
children while people on the Dole starve
The High Court has approved the payment of monthly living expenses €30,000 to the five adult children of bankrupt executive Sean Quinn and three spouses. Well now, you know if your low income nobody gives a toss about you. No social welfare means test for the boys as you can see the elite look after the elk.
WANTED Peter Darragh Quinn If you know the whereabouts of this man please inform the Gardai. Do not approach this man as he is carrying a large amount of lethal coinage
Sean Quinn: Well-known figures who rallied to support
bankrupt tycoon run for cover
PROMINENT figures from GAA and television yesterday ducked for cover when asked to comment on their involvement in a rally supporting fallen tycoon Sean Quinn.
They included Tyrone manager Mickey Harte, left, and former Meath star Colm O’Rourke, right, in the middle is that insufferable clown father Brian D’arsey. These three were among those who marched in Ballyconnell, Co Cavan in support of the Quinn’s. One wonders if the these three attention seekers ever gave a thought to the poor tax payer
Former Bank Chairman arrested on Fraud Charges
Sean Fitzpatrick made “no comment” when he was charged with 16 counts contrary to Section 60 of the Companies Act. The charges allege that before it became nationalized, he permitted the bank to “give unlawful financial assistance” to 16 named individuals for the purpose of or in connection with a purchase by the same people of shares in the then Anglo Irish Bank Corporation Plc. It is claimed the alleged unlawful financial help to buy shares was given between July 10 and July 17, 2008 to 15 people. These include the so-called “Maple Ten” group of Irish Investors and several members of Sean Quinn’s family – and from July 17 until July 30, of the same year, to Patricia Quinn, the wife of now bankrupt quarry tycoon Sean. Among the names on the charges is Sean Quinn Junior, jailed last week by the High Court for contempt of court for hiding €500m of property assets from Anglo, now called the IBRC. Also included in the names of people who allegedly got financial assistance to buy shares in the bank are: Colette Marie Quinn, Aoife Quinn, Ciara Quinn, Brenda Quinn, property developer Patrick McKillen, Seamus Ross, Brian O’Farrell, John McCabe, Gerard Maguire, Patrick Kearney, Gerard Gannon, Gerard Conlon, Sean Reilly and Joseph O’Reilly.
Still At Large
The Bankers Story
The capital of Rotten Island Bud Nil was an ancient and revered city. However, in keeping with the wealth and affluence of the times the city councillors renamed the city “Wonderland.” Somewhere between Never Neverland (North side”) and the inner sanctum of Wonderland there is a sector called” Forever Wonderland’.” This neighbourhood is the financial heart of the nation. In this district, lived a wealthy young banker. His notable attributes were a craving for attention, a bad memory, and a chequered career. He treasured the radiance of other inducements and was a frequent visitor to Feckerland the area of dance, revelry, alcohol, and Chateaubriand. Parochially, friends and acquaintances, knew him as “Disney” Fitzfiddle. Men did travel across the length and breadth of the land to win the friendship of “Disney.” He loved a good story from waiting recipients of fiscal credits, borrowers, whose habitual wrongdoing he totally ignored. In his own words, he stated, I was big. Some came and said “Disney” can you lend me 10 million quid, and I’d say. Sure, no problem at all, we can do it without recourse to Peter and Paul for you know I am a man who can lend without rancour. Let us go for a ride in the Bentley and lunch at the “Incidentally” and later tarry awhile in Dick Gentlys (a well-known brothel). Alas, the good days, now I am but the evil pantomime villain, who only borrowed a handy hundred million. Look at who elevated me, aren’t we all cronies of the Dons of the Feeling Smallers. Why did you know? I even had the occasional game of golf, with the nation’s esteemed Boss, the great incompetent Mr. Buttocks, the pillar of lies and good-byes. Agreed, I may have moved a few loans around a bit, temporarily mislaid them, perhaps duped an auditor or two. Had an odd incriminating letter gone missing here and there? Aha, but my God, me self and “The Little Drummer Boy” good times we had. Now they say I am bankrupt with only three million quid to live on. Understand lads; for me, the attraction was the crack of the fiscal flimflam. Never mind we can bank on ‘Sinister House’ to direct the department of “Fiscal Make Believe” to clear up this Disney quicksand No, no regrets, sure was the problem not global, in all sincerity nothing to do with me.
In the next issue of “Misebogland” the truth behind the
– Finally some information concerning Misebogland is the leading newspaper on the Island of Rotten Island. For those of you who are unaware Rotten Island is a mirror image of the Island of Ireland that happens to exists in a parallel universe. However, as you become familiar with the Misebogland, you will note and observe that there are subtle differences due to mutations that have occurred over the course of time. For example, the Irish Language has disappeared. The current Prime Minister Dame Enda is an outrageous transsexual.