Once again we are seeing the Irish Government getting hoodwinked by big corporations and they just keep walking straight into these traps.
Liberty like so many other vultures are now skipping these shores with the loot back to the offshore hideouts.
You can rest assure Liberty have plenty of money, they want out of the Irish market now that the idiots in Leinster House have no more millions to offer them.
Will we ever have politicians that can see further than the tip of their nose?
THE CENTRAL BANK HAS AN AWFUL LOT TO ANSWER FOR, AND IS NOW SERIOUSLY CONCERNED ABOUT LIBERTY INSURANCE.
According to the Sunday Business Post, the Central Bank's worries about the performance of Liberty Mutual Insurance has heightened in recent months. It states that the CB has not yet imposed directives on the Insurer over what type of business it can write, as this is seen as a last resort, but motor insurance is thought to be a real worry.
Matthew Elderfield who worked in the CB, decimated Quinn Insurance and gave it to Liberty FOR ONE EURO and to this day, he refuses to provide a copy of the legal/professional advice that he presumably sought before pressing the nuclear button and obliterating thousands of jobs in the Border Region without even batting his manipulative and ruthless eyes..
"The jobs are all safe " we were told. Despite this assurance, we have lost over 2500 jobs in companies that were stolen from the Quinn family and now the CB has the nerve to say that they have concerns about Liberty.
What about the concerns of the 90,571 people who signed a petition to ask that the Quinn proposal receive fair and just consideration but on the day we were delivering those petitions to the CB and Government Buildings, the army of leeches had pounced and our greatest asset was on the road to destruction about to be fleeced and pilfered by vultures with scant regard for anyone's wishes. We can only hope that the current Liberty employees (former Quinn workers) in Cavan are not the latest victims of the scam of the century. And yet nobody is calling the Central Bank or Elderfield to account for what they did to Quinn. What about the 1.6 billion that the administrators called down from the ICF and where will this end up if Liberty now goes to the wall or runs with the dosh?
SEAN QUINN SHOULD NEVER HAVE BEEN TAKEN OUT AND THIS STATEMENT WILL SOON BE PROVEN TO BE 100% ACCURATE.
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