Letter to the editor: Charles Henry Medlock Manning

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• Mary O'Reilly
  Unregistered User
  Jan 13 10 20:09
  Comment: 2272
  
  

  Try:
  
  http://www.proni.gov.uk/view_Will.htm?willId=109733&strReturn=listWill.asp?nListType=1&strOrder=Forename&nPage=1723
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• Ciaran Murray
  Unregistered User
  Apr 3 10 14:20
  Comment: 2843
  
  

  Dear Editor,
  
  
  
  I wish to take this opportunity to put into words my very strong feelings on the financial regulator's treatment of Quinn Insurance. I have never before felt the need to pen my feelings so please forgive me if my letter doesn't fully translate these feelings.
  
  
  
  In these times in which we find ourselves, I wake every morning to hear stories of continuing job losses and a contracting economy making it hard to do your days work, but then I remember all the people who aren't as lucky as me and have no job. I don't believe there is a family in Ireland who has not been affected by the downturn. Last Tuesday morning however my day made a lot tougher on hearing the regulator's decision to appoint two administrators to Quinn Insurance. I am originally from the Cavan /Leitrim border, my partner who is pregnant with our first child, my brother my father and many of my friends and neighbours are employed by the Quinn Group. The Quinn Group employ thousands of people directly and thousands more indirectly, throughout this country.
  
  
  
  I understand the responsibilities of the Financial Regulator, however by conducting his work in such a public way and making such public statements that they hope to sell Quinn Insurance as a going concern. They must acknowledge the damaging impact this would have on any company especially one who he accepts a profitable company. These irreversible, irresponsible actions may destroy one of our most successful home grown business which honourably pays its taxes in this country . The introduction of Quinn Insurance has ensured competition in a market, which our politicians had previously tried but failed to do, therefore the people of Ireland have received massive reductions in the cost of their insurance. It is widely acknowledged that not only did the introduction of Quinn Insurance shake up the whole market but also created thousands of jobs. The regulator is stating that it is business as usual but this could not be accurate as the company are unable as and from Tuesday to sell a policy into the UK market, this alone will cost hundreds of jobs as it has undone years of hard work done by Mr Quinn and his workers on getting a platform in the UK market, therefore already 100s of jobs are at risk which may never be restored.
  
  
  
  I feel at this time our public representatives who are elected by the people for the people are failing the people. This week they have pledged the national tax income for generations to underpin a banking system under criminal investigation, have they not considered there may be no tax payers left to foot the bill? It appears obvious the financial regulator is deliberately taking such aggressive action in order to distance himself from his predecessors whilst ignoring the impact this will have on the wider economy. Our representatives are and will fund many programmes within such regions as West Cavan to introduce jobs over the coming decades. I wonder how much and how long they would have to invest to ensure the number of jobs that could be lost are returned. Perhaps the time has come for us all to take to the streets and not only support Mr Quinn who directly employs over 5500 tax payers and indirectly as many as 15000. but to display our dismay at our politicians disregard for the people they are paid to represent.
  
  
  
  I would suggest that I would have a lot more faith in the likes of Mr Quinn to get the country out of this mess than our elected politicians.
  
  
  
  Yours Sincerely
  
  Ciaran Murray
  
  Ratoath
  
  Co. Meath
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