The Bondholders who supported the QBRC bid would not support the bid for Glass and would not allow QBRC to buy Glass.
Yet they supported Papa Paul (Captain Mannering) even though he was a complete loser and they lost million's by having him in charge.
He cannot even tell a lie as today's Business Post article confirms.
("We don't give information to any anonymous organization".)
"They're crying foul that we didn't give them information related to the sale but to be honest we didn't know who the Management was, where the funding was going to come from and we don't give information to any anonymous organization.
What a sick man and the bondholders supported him.
Bondholders manage funds for others (it's not their money) so they win and loose every day.
They wont be as quick again to rush in and take a company anywhere in the world.
They were completely hoodwinked by M.Mckillop and Anglo Irish Bank so they cannot be as smart as they think they are. Fancy words, slick lawyers and accountants did them little good. POB with his cronies had their fingers in their pockets from day one.
He cleaned them out.
The bondholders lost a fortune and it's good enough for them. No pity in the local community for them after how they treated our community.
It was like the doctor insisting we take the medicine as he knows best.
Always remember how they promised from day one of the takeover to keep the Quinn companies together, protect jobs and build the company.
Live and learn and watch what becomes of these type of people in the future. You reap what you sow.
PO'B has a lot reaping to do for what he and his buddies did.
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