star dust
Member of DD Central
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Post by star dust on Nov 26, 2018 17:49:02 GMT
The wait is over, all 23 pages have just hit my inbox.
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r00lish67
Member of DD Central
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Post by r00lish67 on Nov 26, 2018 17:53:44 GMT
The wait is over, all 23 pages have just hit my inbox. I think this will be about as popular as another (585 page) document doing the rounds.
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IFISAcava
Member of DD Central
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Post by IFISAcava on Nov 26, 2018 17:56:48 GMT
The wait is over, all 23 pages have just hit my inbox. I think this will be about as popular as another (585 page) document doing the rounds. And only slightly less expensive
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moist
Member of DD Central
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Post by moist on Nov 26, 2018 18:02:38 GMT
well you can see where its all heading.....BDO costs are larger than money recovered. 5p in the £ anyone
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hazellend
Member of DD Central
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Post by hazellend on Nov 26, 2018 18:04:27 GMT
Jeez they still haven’t got the investor loans data.
And borrowers don’t want their jewellery back, possibly because it is over valued. Why don’t they refinance with unbolted?
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r00lish67
Member of DD Central
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Post by r00lish67 on Nov 26, 2018 18:05:14 GMT
I think this will be about as popular as another (585 page) document doing the rounds. And only slightly less expensive At least we'll eventually regain control of our money, or at least whatever's left. I just hope there's an end to freedom of movement for the Vindaloo brothers.
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r00lish67
Member of DD Central
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Post by r00lish67 on Nov 26, 2018 18:09:12 GMT
Jeez they still haven’t got the investor loans data. And borrowers don’t want their jewellery back, possibly because it is over valued. Why don’t they refinance with unbolted? Possibly because it is over valued?
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Post by dan1 on Nov 26, 2018 18:09:25 GMT
Jeez they still haven’t got the investor loans data. And borrowers don’t want their jewellery back, possibly because it is over valued. Why don’t they refinance with unbolted?I've got Ratner in my head The BDO debacle is punishing those platforms who try and do the right thing, it's a hell of a headwind to navigate for those entrepreneurs trying to gain traction and get their platforms into profitability.
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Post by beepbeepimajeep on Nov 26, 2018 18:14:20 GMT
I await someone more knowledgeable than me reading this document and putting their thoughts on this thread. Until that time I shall retire to watch Harry Redknapp eat cockroaches in the jungle.
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p2ploser
Member of DD Central
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Post by p2ploser on Nov 26, 2018 18:21:22 GMT
Is that really 6 months work?
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tommytaylor
P2P - The new wild west
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Post by tommytaylor on Nov 26, 2018 18:23:34 GMT
Is that really 6 months work? Even Robin Hood wore a mask. Very disheartened AGAIN
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archie
Posts: 1,838
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Post by archie on Nov 26, 2018 18:28:25 GMT
Holy guacamole Batman!
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markyg61
Member of DD Central
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Post by markyg61 on Nov 26, 2018 18:30:29 GMT
Lets be honest here, were we expecting anything less. We all know the practices that go on in large corporates - screw the customer for as much as we can get away with and then add a bit more ! Am I wrong ? I see it every day in my working life in a large global ITO/BPO company
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GeorgeT
Member of DD Central
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Post by GeorgeT on Nov 26, 2018 18:34:46 GMT
Sadly I am not at all surprised that there has been hardly any progress in the last 6 months and they still haven't achieved the basic task of extracting the data from the database and they have only recovered just over £100,000 but have managed to rack up half of that in their own fees.
Unfortunately ,as I feared at the outset, I think this is going to be dragged out for years and the majority of recovered funds will end up in the back pockets of BDO and their favoured advisers like the solicitors and GVA etc. Even the simplest of tasks that any averagely competent person could achieve in 1 week will take them 6 months to achieve and many many very expensive hours involving a variety of external consultants who are all on the payroll so to speak.
I think it is now clear why certain forum members who are now banned were so keen to get BDO on the job and were telling us they were ready to hit the ground running and why the same were so keen to get their people on the creditors' committee - because of course we found out they were not being honest with us, had failed to declare vested interests and had close connections with BDO and there was a secret special syndicate of people.
I fear the man in the street retail type of investor who does not go to the Lodge and did not go to the right school and does not have connections with the secret syndicate and BDO will end up being shafted so hard that there will be a national vaseline shortage as investors take every measure possible to try and ease their pain.
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Post by 999william on Nov 26, 2018 18:35:22 GMT
The Administration costs are disgraceful....legal theft...makes me feel quite sick....
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