DJ?

[Cool Boola]

Yeah! but Micks went over the Wine Bar?

[silverbullet]

Yeah! but Micks went over the Wine Bar?

After DJ's cleaning business started going downhill Ms. Newman filed a report with Gardaí citing Domestos abuse...

[vandriver]

She was done for bleach of the peace.

[silverbullet]

She was done for bleach of the peace.

DJ admits to liking a drink, but has since taken the Pledge!

[Cool Boola]

Jayes!….that's  Brillo!

[silverbullet]

Jayes!….that's  Brillo!

DJ said to his new bird, your pad or mine?

[Cool Boola]

Sure he is only one of 1,950 chancers who got a 90% write down from AIB.   

[silverbullet]

Sure he is only one of 1,950 chancers who got a 90% write down from AIB.   

Maybe they all played GAA.

[Rat Catcher]

Not necessarily. Write downs are common enough for individuals of high wealth regardless of sporting prowess.

[watty]

Don't youse all remember Mr Haughey's little contribution.  If you owe the banks €1,000, it's your problem.  If you owe the banks €1,000,000, it's their problem. 

If you're a high net worth individual, a lot of your wealth might be tied up in illiquid assets like pensions, stocks and shares.  Could be expensive and drawn out to get at that money.  Might be easier for the banks to take half or 1/3 of the debt in cash and take the problem off the balance sheet.

[Cool Boola]

I Know a guy who is now the head of the risk management dept.in a Multinational bank.  During the boom times he would not pass a loan unless you didnt need it. He proved that if you dont play the game,you cant loose??   

[silverbullet]

Don't youse all remember Mr Haughey's little contribution.  If you owe the banks €1,000, it's your problem.  If you owe the banks €1,000,000, it's their problem. 

If you're a high net worth individual, a lot of your wealth might be tied up in illiquid assets like pensions, stocks and shares.  Could be expensive and drawn out to get at that money.  Might be easier for the banks to take half or 1/3 of the debt in cash and take the problem off the balance sheet.

He told the head of the bank "You'll find me a Formidable Foe"!!

[Rat Catcher]

Closer to 0.5% than 33 or 50%, Watty.

[silverbullet]

Closer to 0.5% than 33 or 50%, Watty.

+1.

[Rat Catcher]

=1.5