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NAMA appoint receivers to Harry Crosbie companies


statsman

Well-known member
Joined
Feb 25, 2011
Messages
56,230
Just breaking on the SBP. NAMA take control of the Grand Canal Theatre and Point Village:

The Sunday Business Post

Another one bites the dust.
 

ruserious

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Joined
Jan 3, 2011
Messages
29,599
One can only turn so many corners before you are back where you are started. Shame though, it leaves a bigger monopoly for INM.
 

ShoutingIsLeadership

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Joined
Jan 17, 2011
Messages
50,459
Are we slowly moving from being a banana republic to a banama republic?
 

Howya

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Feb 29, 2012
Messages
1,690
Didn't Harry go on the Late Late a while back and rattle on about how Nama were going to effectively write off the debt that he/his companies had borrowed? Wonder what went wrong.
 

Ribeye

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Joined
Jul 12, 2011
Messages
26,306
But but but he got the Bord Gais bailout,
 

enby

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Joined
Jul 11, 2006
Messages
1,974
cue a lengthy dose of typical p.ie group schadenfreude
 
D

Dylan2010

will he have to give up his house on Shewsbury road and live under the personal insolvency rules? nah, this is Ireland....
 

Ribeye

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Jul 12, 2011
Messages
26,306
Is he on with Tubbers tonight for his "iv been hard done by piece?"
 

Ryan Tubbs

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Sep 20, 2012
Messages
3,660
Just breaking on the SBP. NAMA take control of the Grand Canal Theatre and Point Village:

The Sunday Business Post

Another one bites the dust.
So much for Harry Crosbie's endless and shameless self-publicity as the ordinary decent skin who was paying his debts and trading well, unlike all the other Flash Harries (Ronan, Dunne etc) who were living glitzy lifestyles.

Another pal of Bertie bites the dust. There can't be too many left?
 

H.R. Haldeman

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Joined
Oct 1, 2008
Messages
4,444
Another Emperor with no clothes.

Stays an Emperor though. Will stay in his big house. Will continue to drive the Merc.

How much of the money these guys have - and I am not referring to Mr. Crosbie in particular - was derived from enterprises that were proven ultimately insolvent or untenable?

Just because bustness is only revealed in 2013 doesn't mean such an enterprise wasn't bust all along. Why is money banked privately prior to that bustness off limits?

The bailout of those who caused all this continues apace - and I include the "little guy" who "only" had 1 or 2 BTL's in that. The prudent will bail them all out.
 

Ribeye

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Joined
Jul 12, 2011
Messages
26,306
Pat discussing now,

"totes awks"
 

Ribeye

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Jul 12, 2011
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26,306
And so it begins,

Pat placing all the blame on Nama,
 

Ryan Tubbs

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Joined
Sep 20, 2012
Messages
3,660
Who remembers Crosbie's pathetic interview with Brennie O'Connor (The Saturday Night Show) towards the end of 2011?

When O'Connor asked him about his political affiliation, he laughably replied:

HC: I’m not associated with anybody. I’m completely not political. At all.
Yet another Fianna Fail crock who denies them these days, having backslapped with scum like Bertie Ahern and Joe "Diet Pills" Burke for over a decade.
 
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