Chicago Spire and Garrett Kelleher



Orbit v2

Well-known member
Joined
Dec 8, 2010
Messages
12,108
Chancing his arm. In the US, when you lose a case, no matter how unlikely it was ever to succeed, you never have to pay the other sides costs, which makes this kind of speculative action very common.
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,883
The initial development of the scheme, with construction of foundations having begun in 2007 but halted in 2008, was bankrolled by Anglo Irish Bank to the tune of $69m (€59m). With interest, the amount owed later topped $90m (€77m).

As Ireland's economy went into free-fall and banks faced collapse, the loans were put up for sale by Nama.
According to Bloomberg the debt was sold for $40 million, so that's $53 million on the public debt.

He [Bruton] has acknowledged that he did provide some "pro bono" assistance to the firm [Point Capital Partners], in terms of helping to put it in touch with people in Ireland who may be able to assist
The merest wisp off the top of a white horse of the tsunami of hidden actions going on beneath.
 

stanley

Well-known member
Joined
Jun 20, 2007
Messages
10,424
According to Bloomberg the debt was sold for $40 million, so that's $53 million on the public debt.



The merest wisp off the top of a white horse of the tsunami of hidden actions going on beneath.



So typical of Anglo to finance anything with the word "property" in it, no doubt Drumm is blamed and Fitzy knew nothing about, to busy with his own borrowings.
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,883
Investopedia said:
Finder's Fee

What is 'Finder's Fee'

A finder's fee is a commission paid to an intermediary or the facilitator of a transaction. The finder's fee is rewarded because the intermediary discovered the deal and brought it forth to interested parties. Depending on the circumstance, the finder's fee can be paid by either the transaction's buyer or seller.

Also known as "referral income" or "referral fee."


BREAKING DOWN 'Finder's Fee'

Often, the finder's fee may simply be a gift from one party to another, as no legal obligation to pay a commission exists. For example, let's examine a real estate transaction. Perhaps an individual is selling a property and a friend discovers a potential buyer. If the transaction goes through, the seller might give their friend a small percentage of the sale, as a reward for finding the purchaser.
How Finder’s Fees Can Encourage More Business

Finder’s fees may be used to reward business contacts who refer new sales and clients to a company. For instance, if a contact arranges a meeting between the buyer and seller of a business, they might receive a finder’s fee for arranging the deal.
https://www.investopedia.com/terms/f/finders-fee.asp

Wikipedia said:
In the United States, a finder's fee is the compensation given to an intermediary in a business transaction. Usually, there is a causal relationship between the one party and the intermediary (the finder), another relationship between the finder and the second party, and the two parties of the transaction would not have met if it were not for the work of the finder. Such compensation is common in business and is regulated by contractual agreements and law in the United States. A finder's fee can also be a gift from one party of the transaction, who feel morally obligated that the profits of the transaction be shared with the finder for making that transaction possible.
https://en.wikipedia.org/wiki/Finder's_fee

UrbanDictionary said:
finders fee

If you wanted to purchase a $50 bag of weed and didnt know where to get it, and someone else did they may add a $5 finders fee on to the cost of the bag. This would make the $50 bag actually cost $55.
https://www.urbandictionary.com/define.php?term=finder's fee
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,883
If only a fraction of what really goes on in this country with the connected were to be known there would be an immediate call for jailings. We know that Project Eagle organised the sale of over 6 billion in loans for 1.6billion and we know that at least two backhanders of 7 million and 45 million appear to be have been paid. This information was presented in parliament to the Taoiseach. What did he say? He stood up in front of the country and told the person who presented this knowledge to more or less go and fk off.

The Irish did nothing in the face of this stunning demonstration of brazen corruption at the highest levels. Nowhere else in the world have I ever seen such sneering dismissal of proven corruption around matters involving billions of the people's money.

And so the Irish, since they will not defend themselves or move in any way, get shafted. Repeatedly.

Now we have Bruton with his 'I didn't, well I did a bit, but it was pro bono' schtick.

Ahern with his Sopranos 'I won it on the horses'.

People outside the door of the Taoiseach's office, part of his team apparently, telling Gilmartin he'll end up in the Liffey (i.e. kill him) - at the very heart of the Oireachtas.
 

hammer

Well-known member
Joined
Jul 6, 2009
Messages
58,180
Gilmartins book is a must read.

That Fianna FAIL party would do anything.

Shower of ...................

You only need to read some of the posts from their last two remaining posters on p.ie :)
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,883
This hammer eejit with his smiley emoticons around discussions about women with children in tents is all over property threads like a rampant STD.
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,883
You mean

Have you not built a home for them yet ? :D

A degenerate individual, taking your cue from the top.
 

'orebel

Well-known member
Joined
Nov 13, 2009
Messages
20,150
Is this the same Garett Kelleher?

Stay-at-home mother Maeve Kelleher shares the boards of some companies with Garrett Kelleher, a property developer and owner of St Patrick’s Athletic football club. These are Baynall Properties Limited, Cawston Limited, Mancar Limited, Mandala Limited, Saffia Limited, Cwd Properties Limited, Shelbourne Development Limited and Shelbourne Properties Limited.

Garrett Kelleher is a former chairman of Legatus in Ireland. Legatus is an international association of Catholic businessmen set up by Irish-American Tom Monaghan, a prominent Opus Dei member and founder of Domino’s Pizza.

Garrett Kelleher also sits on the board of regents of Ave Maria University in Florida (“Excellent. Affordable. Catholic”), founded by the ubiquitous pizza man, Tom Monaghan in a new town he called Ave Maria.
What Exactly Is the Iona Institute?
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,883
You're just the dross that sniffs out opportunties left over by an international game of finance capital and debt leverage. You take your cue from the money men and whatever droppings they leave over to you.
 

hammer

Well-known member
Joined
Jul 6, 2009
Messages
58,180
It is now expected that some 500 homes will be built on the site, with an announcement early next week. The homes are set to be a mix between social and a new cost-rental model and are to be controlled by Dublin City Council.

Excellent news for Inchicore.

Keep the recovery going.
 


New Threads

Most Replies

Top