amanda373
Anyone downloaded the full transcript of the Court Session with the FCA. .?
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Post by amanda373 on Apr 10, 2018 5:45:14 GMT
Reading the full transcript of the court hearing of 23/3/18 it makes the FCA look very ham fisted and possibly without grounds their action. It can be viewed if you googl "financial thing"found it helpful,and informative.
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Greenwood2
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Post by Greenwood2 on Apr 10, 2018 6:02:16 GMT
Reading the full transcript of the court hearing of 23/3/18 it makes the FCA look very ham fisted and possibly without grounds their action. It can be viewed if you googl "financial thing"found it helpful,and informative. Where do you see the 'full transcript of the court hearing'? I would love to see that, but all I can find is a link to and a re-hash of the leaked (rather discredited) RR report. Am I missing something?
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ptr120
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Post by ptr120 on Apr 10, 2018 6:12:05 GMT
Reading the full transcript of the court hearing of 23/3/18 it makes the FCA look very ham fisted and possibly without grounds their action. It can be viewed if you googl "financial thing"found it helpful,and informative. Hi amanda373 if you'd like to PM a link to me I'll place this in DD Central. I couldn't find it with a google search.
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Greenwood2
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Post by Greenwood2 on Apr 10, 2018 6:14:52 GMT
This is what I found, nothing new as far as I can see. www.financialthing.com/collateral-p2p/Edit: as said above just the RR report with comments. Unless there is another article, but I couldn't find one. |
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mason
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Post by mason on Apr 10, 2018 6:17:21 GMT
I'm sure a link to the court transcript, if one is available online, is in the public record and can be posted here.
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zendog
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Post by zendog on Apr 10, 2018 7:23:29 GMT
Morning everyone,
I've been without access to the forum (and internet) for the past 2 weeks and, apart from the momentus achievement of reaching 101 pages of comments, I wondered if there been anything of significance that I have missed regarding the COL situation? - if someone could say yes or no, then I know whether to trawl back through all the comments.
Many thanks.
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archie
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Post by archie on Apr 10, 2018 7:31:32 GMT
Morning everyone, I've been without access to the forum (and internet) for the past 2 weeks and, apart from the momentus achievement of reaching 101 pages of comments, I wondered if there been anything of significance that I have missed regarding the COL situation? - if someone could say yes or no, then I know whether to trawl back through all the comments. Many thanks. Not really. Nothing can happen until the court case at the end of this month.
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macro
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Post by macro on Apr 10, 2018 7:52:53 GMT
Welcome to Room 101.  A word from either the Ministry of Truth or the Ministry of Plenty wouldn't go amiss here.
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zendog
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Post by zendog on Apr 10, 2018 8:08:25 GMT
Morning everyone, I've been without access to the forum (and internet) for the past 2 weeks and, apart from the momentus achievement of reaching 101 pages of comments, I wondered if there been anything of significance that I have missed regarding the COL situation? - if someone could say yes or no, then I know whether to trawl back through all the comments. Many thanks. Not really. Nothing can happen until the court case at the end of this month. Many thanks archie, I won't bother to waste time going back through the comments then
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southport
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Post by southport on Apr 10, 2018 9:35:57 GMT
Not really. Nothing can happen until the court case at the end of this month. Many thanks archie , I won't bother to waste time going back through the comments then Page 97 is worth a read.
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adrianc
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Post by adrianc on Apr 10, 2018 10:11:34 GMT
This is what I found, nothing new as far as I can see. www.financialthing.com/collateral-p2p/Edit: as said above just the RR report with comments. Unless there is another article, but I couldn't find one. If the transcript was readily available, I'd expect it to have been linked to from there.
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misscas
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Post by misscas on Apr 10, 2018 10:26:11 GMT
Reading the full transcript of the court hearing of 23/3/18 it makes the FCA look very ham fisted and possibly without grounds their action. It can be viewed if you googl "financial thing"found it helpful,and informative. Hi amanda373 if you'd like to PM a link to me I'll place this in DD Central. I couldn't find it with a google search. Could amanda373 be referring to the update link in Financialthings’s article to the Administrator’s Report to the Creditors and Statement of Proposals dated 23 March? www.financialthing.com/wp-content/uploads/2018/03/Collateral.pdf
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ptr120
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Post by ptr120 on Apr 10, 2018 10:29:15 GMT
...Perhaps, but that isn't a full transcript of a court hearing which she said she had read.
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Greenwood2
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Post by Greenwood2 on Apr 10, 2018 11:21:09 GMT
...Perhaps, but that isn't a full transcript of a court hearing which she said she had read. It could be misunderstood as a court transcript, it has a court reference at the top and a lot of it reads as if it's a description of what has gone on (actually RR's spin on it) rather than an administrators report.
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Post by charliebrown on Apr 10, 2018 13:25:03 GMT
Have to completely agree. I can see no reason whatsoever for RR/The FCA/whoever to disallow transactions but at least allow Lenders to view their own records. Doesn't make sense at all, if it's cost it can't be that much surely? Utter shambles, already being handled badly and doesn't bode well. At all. That would be on the Managerial Principle of "Anything I don't understand must be easy" ?! It is quite likely that reworking the website to be reliably read-only is quite a bit more complex than you might expect. The cost wouldn't be trivial, and who would be authorised right now to make that expenditure? And how would it help the administrator (whoever that turns out to be) to do their job? I’m an IT guy, have been for the past 20 years. I spent 10 years as a software developer. Bringing the website back in a read-only mode wouldn’t be difficult. In the crudest terms any update attempted can just be forced to return an error at the database layer. Not difficult to do, give it to me I’ll do it for free. Looks like a total shambles to me. Weeks have passed and there’s no visible progress.
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