Paschal Donohoe throws homeowners to the vulture funds

RasherHash

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If it's their home it shouldn't matter, iac 1 million plus is not that much these days depending on location.

It should be worked out with them but the banks we bailed out at huge expense shouldn't be allowed to sell on mortgages to pirates.
 


muttsnuts

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It should be worked out with them but the banks we bailed out at huge expense shouldn't be allowed to sell on mortgages to pirates.
If banks are under pressure to reduce non performing loans but cannot enforce their security....then the path of least resistance will apply. They will sell those bad loans off. If you make it more economically viable to proceed through the courts than sell the loans then you won't have vulture funds. But of course, making court orders against defaulters easier to get is political suicide
 

Round tower

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If it's their home it shouldn't matter, iac 1 million plus is not that much these days depending on location.

It should be worked out with them but the banks we bailed out at huge expense shouldn't be allowed to sell on mortgages to pirates.
If they borrowed the money to buy the house and they did not pay back a cent on the mortgage so it's not their home.
So do u believe that people who used earnings from crime should be able to keep their homes and not be taken by CAB.
 

james toney

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But what else would anyone expect from the likes of Donohoe? Just remember the in-action he took against his bankster mates vis-a-vis the tracker mortgage scandal, instead of sending in CAB and ensuring prosecutions of the thieving barstewards, Donohoe said he would" admonish" them :mad:
Has anyone been jailed for this massive fraud yet?

 

RasherHash

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@KittyhollandIT
Harrowing scene. Body found by railway tracks in Drumcondra this morning. Found in a blue sleeping bag. Thought to be homeless person https://t.co/BzPu9x34ku
 

carlovian

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muttsnuts

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But they said sorry for the large scale fraud.

I’d rather 100 guilty men go free than 1 banker jailed.
Ah yeah. Hang all the bankers.

But seriously, you understand to jail someone for a crime there is a very high threshold of proof? You have to prove that the person intended to deprive the victim of money.

The tracker scandal involved the bank interpreting mortgage contracts in a manner that favoured the bank. This is not a crime so asking why nobody has been jailed for it is quite frankly pointless.
 

carlovian

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Ah yeah. Hang all the bankers.

But seriously, you understand to jail someone for a crime there is a very high threshold of proof? You have to prove that the person intended to deprive the victim of money.

The tracker scandal involved the bank interpreting mortgage contracts in a manner that favoured the bank. This is not a crime so asking why nobody has been jailed for it is quite frankly pointless.
The banks all “interpreted “ the mortgage contracts in exactly the same way to favor themselves?

Funny coincidence that.
 

muttsnuts

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The banks all “interpreted “ the mortgage contracts in exactly the same way to favor themselves?

Funny coincidence that.
Its not a coincidence. If theres any ambiguity do you think a business is going to go in favour of giving money to the customer or retaining the money as profit? There was ambiguity so the banks selfishly went for the option that maximised their profits. The CBI decided that they should not do so and they have now paid out millions of euro in restitution, compensation and in fines (with more to come).

It is still not a crime so you are not going to see anyone jailed.
 

fifilawe

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with weeks to go b4 the S******T hits the fan ,I expect an emergency Budget within 6 months of Brexit.There will be all kinds of excuses and scutter spoken endlessly and it will be due to lack of foresight, forward planning and no real stomach for hard decisions not to upset potential FFG voters in the next GE.
when did this last happen in Ireland ?Oh yes, during the middle and latter years of the "Lucky Gambling Socialist ,The Bert"
 

RasherHash

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When FG say its not in the public interest they really mean they have been caught lying and its better to hide the evidence , FG make FF look like honest . https://t.co/1iqvcKnpWP
 

RasherHash

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I smile at this shite when government lines vultures pockets & presided over worst homeless/housing crisis in our history. Squanders hundreds of millions more on children’s-hospital & possibly a billion more on broadband :mad:
 

RasherHash

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To all those supporting these Blueshirts think on this, tonight the South East has no cover for cardiac emergencies, 500,000 people without proper health care because of this uncaring Government, shame on @LeoVaradkar and Simon Harris...
 

Sweet Darling

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I smile at this shite when government lines vultures pockets & presided over worst homeless/housing crisis in our history. Squanders hundreds of millions more on children’s-hospital & possibly a billion more on broadband :mad:
Things were much worse in the 40s and 30s ask your grandad.
In them days you lived in a tenement with other families sharing a room.
Nowadays you are put in a hotel.
 

Sweet Darling

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To all those supporting these Blueshirts think on this, tonight the South East has no cover for cardiac emergencies, 500,000 people without proper health care because of this uncaring Government, shame on @LeoVaradkar and Simon Harris...
That's because you elected a left wing looper and a shinner fascist to represent you in the national parliament
 

RasherHash

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That's because you elected a left wing looper and a shinner fascist to represent you in the national parliament
The buck stops with the blue shirt fascists and their ff gofor 😠
 


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