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Post by loftankerman on Apr 10, 2019 14:42:11 GMT
The buck stops with the captain of the ship. Good or bad, he is responsible ultimately. No argument there at all. However it would be nice to think that other main beneficiaries of any skulduggery would get their comeuppance rather than just walking away flicking through wads of notes because on paper, someone else was to blame.
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Post by loftankerman on Apr 10, 2019 11:19:05 GMT
Dunno. That Liam bloke is getting plenty of stick for being some kind of crafty mastermind, transforming our money into his by mysterious means. And then again, he’s also being labelled as being as thick as a brick and totally out of his depth. I have to wonder if he isn’t just the patsy in all of this, while the other ten of some self styled ‘Ocean’s Eleven’ have all swanned off to places unknown leaving him standing on the kerb outside a bank, wearing a mask and holding a bag with ‘SWAG’ written on it.
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Post by loftankerman on Apr 7, 2019 18:11:57 GMT
It seems to me that if everyone active on the forum and other non participating readers had a sight of everything that Lendy chose to to display, there could be even greater anti Lendy animosity. Some participants might suggest that effort was being put into the 'low hanging fruit' rather than the more challenging stuff where most of the perceived skulduggery and missing millions lurked. Partitioning it off in this way might mean less of an adverse reaction to good news for some and give less insight into their effectiveness across the full spectrum of their previous poor choices. They'll presumably want to hold children or pets as hostages on pain of death should anyone divulge portal content.
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Post by loftankerman on Apr 5, 2019 8:50:10 GMT
I still wonder if Lendy acted within their rights to play now you see it now you don't with this loan. If I was a big hitter I would be in close talks with my legal advisor. Also, LY changing T&C half way through a loan term and saying if you remain in the loan then you’re deemed to have accepted. They did that at a time when it was nigh on impossible to get out of any loans. I’m not a legal expert but a lot of LY behaviour feels like it’s gone beyond unethical . At the very least, it should be a breach of FCA regulations. Has the FCA ever fined any p2p platform? I’ve never known any business s*it on their customers the way LY does. If rejecting the new T&C you were required to close your account and stop using their web site immediately as I recall. I imagine there's a copy of that somewhere. I'll use my highly sophisticated, erratic random search algorithm to try and find it, if I can remember.
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Post by loftankerman on Apr 4, 2019 15:27:15 GMT
I was lucky to quite arbitrarily sell my loan parts in this only days before it turned sour. I have felt quite sorry for the people who'd put deposits on the apartments, as I had thought it looked quite an attractive place to live. The implications have been that the purchasers lost everything. Does anyone know if they retained their rights over the the apartments they'd put money into, or are the new prospective owners another bunch of lambs risking being fleeced?
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Post by loftankerman on Apr 4, 2019 12:55:26 GMT
Ooops! No it won't. If you've opened the box it has been defiled and the value massively reduced. So just put the unopened box on the coffee table - problem solved! Yup, partially true but you have to put the unopened box in a locked box to stop some idiot opening it while you are out of the room. Amusingly, or otherwise my youngest brother had left a collection of appreciating, boxed Dinky toys in his bedroom wardrobe when he left home almost 50 years ago. He returned to collect them some time later only to find that Dad had taken pity on some young guy with kids who worked for him and given him the lot.
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Post by loftankerman on Apr 4, 2019 12:25:33 GMT
Unbelievably, Lendy have finally woken up to the fact that apart from aggrieved lenders on TP who needed to be removed to save face, there was also Malaika's spammery and scammery afoot in their back yard. They've extended their policing to get rid of them.
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Post by loftankerman on Apr 4, 2019 12:20:19 GMT
The recent choppy waters have encouraged me to look for alternative investments shop.lego.com/en-GB/product/Steamboat-Willie-21317I think this will be worth a small fortune in 20 years time ( ), and in the meantime it'll look good on the coffee table. Ooops! No it won't. If you've opened the box it has been defiled and the value massively reduced.
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Post by loftankerman on Apr 3, 2019 23:13:45 GMT
Latest update: "There was a meeting towards the end of March 2019 with the Borrower, third-party advisors and Lendy to try to agree on a way forward. There are a number of potential options which are currently being considered and a decision of the way forward should be decided shortly."This was doing so well when it turned into a partial repayment and an extension, before being suspended. The alleged imminent full repayment disappeared. I had to wonder at the time if my money had gone into an ill thought out lifeline to the same borrower's absurd field of sheds instead. Now this and the sheds are getting cloned updates. I suppose having just one can to kick down the road provides economy of effort and cost. I never really know what platforms are getting up to, but much as they'd like to tell me, they can't or they'd get turned into pumpkins or something.
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Post by loftankerman on Apr 2, 2019 16:25:06 GMT
Well, my update was just the clatter of cans being kicked down the road for another month. I can forget them and get back to seething about Brexit.
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Post by loftankerman on Apr 2, 2019 10:03:56 GMT
"For your information, the platform loan updates will be published by close of business 02/04/2019"
Lunchtime then?
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Lendy (L) in Administration
MONTHLY BS
Apr 2, 2019 9:21:28 GMT
Post by loftankerman on Apr 2, 2019 9:21:28 GMT
I wonder if the departees got a bonus as well as a gagging order? "Gary, David and Paul each made valuable contributions to the business during a period of transition and have left on good terms...” Straight from the horses mouth, whatever it really means.
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Post by loftankerman on Mar 30, 2019 16:35:49 GMT
Purely as a matter of interest... How was the communication from Liam received ? It doesn't seem to be on the Lendy web site. Apart from occasionally suggesting I might like to invest, I never really receive emails that others seem to get from them. Email 29/03/19 16:51 titled 'Update from the CEO'. Thanks. I didn't receive a copy.
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Post by loftankerman on Mar 30, 2019 15:47:49 GMT
Purely as a matter of interest... How was the communication from Liam received ? It doesn't seem to be on the Lendy web site. Apart from occasionally suggesting I might like to invest, I never really receive emails that others seem to get from them.
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Post by loftankerman on Mar 29, 2019 23:46:04 GMT
I suspect the language change from safe to high risk is as are silt of the FCA looking over his shoulder. He'd have never said that otherwise. There is "risk", there is "high risk" and there is "Russian Roulette", take your pick at what a Lendy investment should really be classified as! You can't possibly equate investing with Lendy to Russian Roulette. In R.R. there is only one bullet in the gun. With Lendy more than half the chamber is full and they randomly re-load between shots.
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