Dividing up the Quinn pie
The various businesses controlled by the Quinn Group will now be sold off by Anglo Irish, but how much money will the state-owned bank be able to recoup?
With Sean Quinn and his family cut out of the future of the industrial conglomerate they built, the only real question is how much money the new ownership arrangement can garner for the state-owned Anglo Irish Bank.
Much of the detail needed to make a reasonable assessment of that position is hidden from view. It is clear that Anglo Irish Bank had very few options in trying to get back as much as possible of...
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