Hmm - and it looks like Allied Nationwide is going to drag ALF down furrther. Now theres an extended $10m facility for losses on existing and future impaired loans.
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Hmm - and it looks like Allied Nationwide is going to drag ALF down furrther. Now theres an extended $10m facility for losses on existing and future impaired loans.
LOL - More like the solo mums who get drunk, get pregnant to unknown males, have the babies and expect society to look after them and the babies.
Maybe some of the do-gooder posters should volunteer to play fathers to the kids.
Please don't all put up your hands at the same time.
...thanks guys....its great to read some really heartfelt sentiment...investing,buying/selling shares/wealth..to some is an exercise of naked greed....however the recent postings ..at least to me indicate that that aint so....as a very wealthy man said to me once "you dont need to be a crook to make dosh"...I find it astounding that in our education system largely negletes this topic...I feel so sad for those who put their faith in finance companies that have fallen,,,,to many of us it was so predictable....retired folk who laboured countless hours ...denying many luxouries...counting every cent....dioscussing amongest them selves ..there dreams and inspirations...to be taken advantage by flashy blokes in suits,flashy pamphlets/lovely photos....when in fact the sole purpose of many of these "companies" was to enrich there own pockets...so blatantly....gee it makes me angry....I probably should not say this but i would be throwing something more than eggs at hotchins place....in fact what does surprise me is that there is not more of a more robust response to all the finance collapse's....some will say that "its the business cycle"...that is rubbish.....many of these folk ...at least I believe....exploit existing regulations to precisely enrich there own pockets and exploit every proposition to do so...."because they can"...who to blame....Mr Hickey has a point ...Ms Diplock has indeed been woefull....Im not sure what the answer is...education....as an aside why is it so that money scampers (ie Nigeria et al) have quite spectacular success in southland.
Perhaps it's a bit like why bank robbers rob banks.Quote:
....as an aside why is it so that money scampers (ie Nigeria et al) have quite spectacular success in southland.
That's where the money is!
Mainly bar room conjecture Alan .... but think about what happens when the government guarantee runs out for them later this year (even now reinvestment rates are apparently quite low) and the impact of new capital adequacy rules on them and do some rough extrapolations from the laest balance sheet
...mongrels...if these low lifes were to decline the $5m...every one of hanover's victims could go for out a night and spend about $380...each...
...or at least put towards there funeral costs...
Given that Mr H and his wife have already told us that they think they are entitled to the $500k, four month holiday I doubt they are about to not accept the cash. $5m gives just another reason why he fronted to the meetings and said it was the best outcome for people, he just forgot to mention it was better for him than others!