Former billionaire Sean Quinn put all his eggs in one basket when he gambled on contracts for difference (CFD) and invested almost exclusively in Anglo Irish Bank, the Commercial Court heard last week.
“Except they weren’t his eggs,” senior counsel Bernard Dunleavy explained as he opened up what promises to be one of the longest court cases in Irish history. Quinn had, in fact, gambled on his children’s property and future, the court heard....
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