Irish Supermarket chain SuperQuinn is Not such a "Super" Quinn to it's suppliers

This has got to be one of the most amazing business stories I've come across in recent years. For those not familar with it, here's how it goes: A successful Supermarket chain called "SuperQuinn", (originally started in Dundalk, but obtained most of it's growth within the Dublin area) named after it's founder Feargal Quinn, is sold to a consortium called "Select Retail Holdings" in 2005. This consortium seemed to be heavily property oriented (as opposed to having a retail bias), and hence, as a result of what could now be called "speculative" property investments round the Dublin area became financially distressed, owing the banks around €400m. So the banks SUDDENLY decide to have the Company brought into receivership, then selling it to Musgraves, who in turn take on little of none of the debt, thereby assurign the banks of a good percentage of their money back, Musgraves are happy to bag a bargain, but many shareholders, and suppliers are heavily stung losing millions in the process!!.. What an easy way to write off substantial debt, and not get punished for it!!..

Microsoft, Bill Gates retirement from active service, and the future of Software development

Being largely a contemporary of Bill Gates, and having grown up in the world of computers and IT as I did, and then having to live alongside the Worlds richest man being my pier, it was quite demanding having to keep up with the worlds richest man!!..