Quinn moves out of financial frying pan and into economic inferno

Sean Quinn is going to be miredin the economic mess for some time to come, writes Caroline O’Doherty

IN October, 2008, when Sean Quinn was forced to quit as chairman of his flagship insurance business after being caught using company money for unauthorised investments, he brushed off the record fines imposed – €200,000 personally and €3.25 million for his company – and declared: “We will move on.”

It was a typically bullish response from the billionaire whose brass neck had served him well in industries where traditionally only the bold are left standing.