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Thread: derek quinlan's sideline

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    Politics.ie Member stoichkov's Avatar
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    Default derek quinlan's sideline

    apologies if there is already a thread on this -- couldn't see one.

    was reading the tribune yesterday and mick clifford's column contained this frankly jaw-dropping nugget about derek quinlan, the financier who is now holed up in sunny switzerland.

    Michael Clifford - Back in the funhouse built by the hardy bucks

    Another man who left for entirely different reasons, but retains interests in this septic isle, is financier Derek Quinlan. Back in the day, he borrowed recklessly, put together consortiums of masters of the universe, and reaped obscene profits for all involved. Once the foul stuff hit the fan, he was out through the gap, relocating to Geneva, far from the madding crowd. He owes our bank, Anglo, €300m. He made the Nama top 10. His debts have been socialised into your pockets.

    Imagine my shock when I read in the Irish Times a few weeks back that Derek is a director of a company which has won a state contract to collect unpaid court fines. The company, Tazbell, employs "pro-active contact attempts" to get the court's money. Quinlan is a director, but his wife is a shareholder. Sound familiar? If poor old Derek was the one holding the shares, somebody could go after it on our behalf. But conveniently, he doesn't.

    If you don't pay your TV licence because you've lost your job on account of the excesses of Derek and the mates, and you can't pay a fine, Derek's outfit will come after you with their pro-active contact attempts. Derek will make money out of your hardship, while he lies up in Geneva, rebuilding his empire. He owes us €300m, which we will never see, yet his family prosper on the back of the misfortune to befall the most vulnerable who can't pay court fines.

    He's another man who will spawn a dynastic fortune, passing on great wealth to his kids, just as he passed on his debts to ours.
    good jaysus.

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    Quote Originally Posted by stoichkov View Post

    derek quinlan

    Vermin.

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    Politics.ie Member hammer's Avatar
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    A well connected individual.

    It would warm your heart

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    "He's another man who will spawn a dynastic fortune, passing on great wealth to his kids, just as he passed on his debts to ours."

    That sums up the obscenity of all this. The vermin are spawning more vermin to suck the blood of our children when we have been sucked dry.

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    Quote Originally Posted by Cael View Post
    "He's another man who will spawn a dynastic fortune, passing on great wealth to his kids, just as he passed on his debts to ours."

    That sums up the obscenity of all this. The vermin are spawning more vermin to suck the blood of our children when we have been sucked dry.
    It amazes me that there are so many revolutionaries on this site and no sign of a revolution.

    Regards...jmcc

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    Quote Originally Posted by jmcc View Post
    It amazes me that there are so many revolutionaries on this site and no sign of a revolution.

    Regards...jmcc
    Given the number of cowardly footmen of the ruling class there are on this site, Im not surprised that the oligarchy are still sucking the blood of the Irish people.

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    Quinlan firm wins court fine contract - The Irish Times - Fri, Oct 08, 2010

    thestory also notes http://thestory.ie/2010/10/11/tazbel...s-and-quinlan/ he's also involved in park-rite which runs many city and hospital car parks, does clamping and he also collects tolls on the M4/M6

    no escape
    Last edited by lostexpectation; 27th October 2010 at 02:49 AM.
    If I ask a question don't just 'like' the post, reply to it. - If I post a lot about a subject I may write a post about it at http://dublinstreams.blogspot.ie/

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    Politics.ie Member stoichkov's Avatar
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    a shame he doesn't feel the need to pay his own bills.

    then again, a risk-taker and wealth-creator like derek is beyond all those petty rules.

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    Quote Originally Posted by stoichkov View Post
    a shame he doesn't feel the need to pay his own bills.

    then again, a risk-taker and wealth-creator like derek is beyond all those petty rules.
    Seeing as the argument goes that we should avoid alienating these risk-taking wealth-creating types in case they take themselves and their wealth out of the country, I wonder should the converse also be the case, that we should actively seek to attract back those wonderful creating types who have already left. I imagine a little debt forgiveness would go a long way. After all, what will we do without them?

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    Quote Originally Posted by stoichkov View Post
    apologies if there is already a thread on this -- couldn't see one.

    was reading the tribune yesterday and mick clifford's column contained this frankly jaw-dropping nugget about derek quinlan, the financier who is now holed up in sunny switzerland.

    Michael Clifford - Back in the funhouse built by the hardy bucks



    good jaysus.
    Derek Quinlan still has his pension from the revenue where he was a senior I can't tell you what it is but it must be considerable. Now that would make you sick.

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