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Is David Drumm In the States legally?...


dglsouthwest

Active member
Joined
Jun 6, 2007
Messages
100
Is Drumm ex CEO of Anglo Irish in The States legally?.....
Did he apply for a green card or what?....
Wouldnt it be great to see him deported if he is there illegally?...
 

Supermanpolitician

Well-known member
Joined
May 8, 2007
Messages
1,033
Is Drumm ex CEO of Anglo Irish in The States legally?.....
Did he apply for a green card or what?....
Wouldnt it be great to see him deported if he is there illegally?...
Given that he paid 4 M USD for a house, I doubt that he is there illegally.
 

Sync

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Joined
Aug 27, 2009
Messages
28,845
I think we should all set up threads about everyone in the public eye asking if they're committing crimes we've no evidence at all of.

Is Enda Kenny a train robber? Wouldn't it be great if he was?
Is John Gormley a computer hacker? Wouldn't it be great if he was?
Is Miriam O'Callaghan the Zodiac killer? Wouldn't it be great is she was?
 

dglsouthwest

Active member
Joined
Jun 6, 2007
Messages
100
I think we should all set up threads about everyone in the public eye asking if they're committing crimes we've no evidence at all of.

Is Enda Kenny a train robber? Wouldn't it be great if he was?
Is John Gormley a computer hacker? Wouldn't it be great if he was?
Is Miriam O'Callaghan the Zodiac killer? Wouldn't it be great is she was?
B u l l s h i t


What aboout all the Irish people in the states ilegally who cannot come home evern for family funerals?
IUS David Drumm better than them?
 

MsAnneThrope

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Joined
Apr 8, 2009
Messages
1,818
He is a US 'resident' and as such enjoys some good protection. He can't be forced to come to Ireland for interviews and can only be extradited if charged with something. Drumm also claims it was Anglo chairman Donal O'Connor who advised him to move to the USA, to escape the heat here! Good man Donal!

According to that American lady on RTE news (as part of the Charlie Bird clip) Drumm declared his Cape Cod house as his permanent home, and under the 'Declaration of Homestead' he cannot now be forced by creditors to sell it.
 

just4ever

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Nov 13, 2009
Messages
376
He holds a US passport I think.
 

dglsouthwest

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Jun 6, 2007
Messages
100
He is a US 'resident' and as such enjoys some good protection. He can't be forced to come to Ireland for interviews and can only be extradited if charged with something. Drumm also claims it was Anglo chairman Donal O'Connor who advised him to move to the USA, to escape the heat here! Good man Donal!

According to that American lady on RTE news (as part of the Charlie Bird clip) Drumm declared his Cape Cod house as his permanent home, and under the 'Declaration of Homestead' he cannot now be forced by creditors to sell it.

How did he bacome a "US Resident" ?
I am sure there alot of Irish Emigrants who would like to know....
 

Sync

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Aug 27, 2009
Messages
28,845
How did he bacome a "US Resident" ?
I am sure there alot of Irish Emigrants who would like to know....
Because he applied through the legal channels and met their criteria. This is one of the dumber series of questions to come up over the last few days.
 
D

Deleted member 17573

Because he applied through the legal channels and met their criteria. This is one of the dumber series of questions to come up over the last few days.
And it's had a fair amount of competition;)
 

dglsouthwest

Active member
Joined
Jun 6, 2007
Messages
100
Because he applied through the legal channels and met their criteria. This is one of the dumber series of questions to come up over the last few days.
Did he plan this in advance?....

If you dont like the dumb questions here you can always go elsewhere
 

Libero

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Joined
May 22, 2004
Messages
3,000
Because he applied through the legal channels and met their criteria. This is one of the dumber series of questions to come up over the last few days.
Not as dumb and disingenuous as your glib remarks.

Legal residency is a lot easier to achieve in the USA (as in many countries) if one has money to spend.

Now guess where Drumm got his money from, or is that a silly question also, where the peasantry should mind their own business? (Anglo's money, or the lack of it, is now our own business.)
 

Disillusioned democrat

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Joined
Mar 16, 2010
Messages
15,615
Did he pay, or did we?
Great point - we should all plan a visit to stay in the guest room of his Cape Cod house until he's paid off the full €8.7m. It makes a mockery for Brian Lendahand to be talking tough about recovering every cent when Dukes at Anglo happily making provisions for a near 90% write down against the directors loans. The smaller players must be really p*ssed off the didn't borrow way more when they could.

In a (somewhat) related question - does anyone know if Sean Fitzpatrick will still be paid his pension by the bank as long as he owes it money?
 

MsAnneThrope

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Joined
Apr 8, 2009
Messages
1,818
Legal residency is a lot easier to achieve in the USA (as in many countries) if one has money to spend.
I'm fairly sure that several years ago, pre-9/11, if you had $500,000 or more to invest in a US based business then getting a visa/residency was fairly straightforward. Things may have been tightened up a bit since but I'd imagine if you have money to 'invest' there then it's still not a problem.

Btw, Aine Hegarty had a good article in the Mirror on March 20th, titled "Drumm's secret life of luxury"

WHILE taxpayers are being asked to pump billions into doomed Anglo it's former chief - in charge when it ran into the ground - is living a charmed live in Cape Cod.

The Irish Daily Mirror can reveal that David Drumm lives a life of privilege in the picturesque beauty spot of Chatham where he rubs shoulders with stars like Johnny Depp, Harry Connick Jnr and the Jonas Brothers. [...]

The 43-year-old, who claims he is mentally distressed by Anglo's pursuit of him to pay back loans, looks like he hasn't a care in the world as he enjoys a leisurely breakfast by popular local cafe Monomoy on Main Street. [...]

Mr Drumm's children attend one of Boston's most elite schools, which costs a staggering EUR25,500 a year for day pupils and EUR31,000 for boarders.

His lavish lifestyle is a far cry from the impoverished life of many pensioners who lost their life savings when Anglo had to be taken over by the state. [...]

No expense was spared on this trophy home which he bought March 2008 when Anglo's share price was bursting through the floor.

It has a private swimming pool and separate Cabana-style changing room, a massive 1,500sq ft deck to relax on and a private dock where a yacht or boat can be moored.
 

trophy

Member
Joined
Feb 25, 2009
Messages
11
I beleive a visa can still be obtained for a $500k investment (WORK VISA) while a residency visa is reasonably straightforward once you can prove you have the means to support yourself ($4m cheque for your residence would be a good indicator there).

Also remember Drumm set up the US division of Anglo, prior to his thriumphant return as CEO, so he may well have gotten a green card during that period.
 

trophy

Member
Joined
Feb 25, 2009
Messages
11
Did he plan this in advance?....

If you dont like the dumb questions here you can always go elsewhere

Are you asking did he have some sort of master plan to bankrupt a country and then flee said country with massive debts? Hardly lets not make cartoon villians of these people. The obviously believed in what they were doing hence the massive property investments and large shareholding in their institutions, they were at worst blinded by greed.
 

clairec

Member
Joined
Apr 2, 2008
Messages
90
According to that American lady on RTE news (as part of the Charlie Bird clip) Drumm declared his Cape Cod house as his permanent home, and under the 'Declaration of Homestead' he cannot now be forced by creditors to sell it.
The first $500,000 of value in the home is protected - the balance isn't.
 

FakeViking

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Joined
Jul 26, 2006
Messages
9,005
Great point - we should all plan a visit to stay in the guest room of his Cape Cod house until he's paid off the full €8.7m. It makes a mockery for Brian Lendahand to be talking tough about recovering every cent when Dukes at Anglo happily making provisions for a near 90% write down against the directors loans. The smaller players must be really p*ssed off the didn't borrow way more when they could.

In a (somewhat) related question - does anyone know if Sean Fitzpatrick will still be paid his pension by the bank as long as he owes it money?
Well the Anglo report has this to say about Drumm's pension (page 145):

David Drumm, the only former Executive Director impacted by the pension cap, elected to avail of an option to take a cash
allowance in lieu of pension benefits forgone. Details of payments made in respect of the relevant periods are included in the
tables on pages 146 and 147.
But we must feel so sorry for him:

David Drumm is currently in dispute regarding non-payment of a deferred performance bonus
of €669,300 which had previously been expensed and disclosed by the Bank in the year to 30 September 2006.
This was due to be paid in December 2009.
 
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