The debacle over the Quinn Group and the extent of huge personal debts owed to the nationalised Anglo Irish Bank, has brought focus on efforts to create a democratic Irish State of justice and rules but what remains as a known unknown, to borrow from the lexicon of the former US Defense Secretary Donald Rumsfeld, is the potential for the business to generate cash to pay down the huge personal debt, from post-tax personal income.
Related posts:
- Financial Regulator to apply to High Court for approval of seizure of control of Quinn Insurance Limited from Quinn Group
- An unknown percentage of the fish we eat isn’t what’s it’s purported to be
- Irish Expert Group on Mortgage Arrears and Personal Debt publishes report
- US per capita personal income fell 2.6% in 2009 to $39,138 – - the first decline in 40 years
- Grafton Group reports revenue fell 26% to €1.98bn in 2009; Pre-tax profits dipped 79% to €13.6m