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Post by 101proof on Feb 9, 2019 9:53:06 GMT
Article in the telegraph regarding collateral and FCA register. Not much to take from it as its pretty much what we know but atleast its getting attention.
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stokeloans
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Post by stokeloans on Feb 9, 2019 15:20:47 GMT
I'm guessing it's by Adam Williams.... he's wanting to write an exposé with lenders who've lost money....but as none of us have as yet....
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ashtondav
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Post by ashtondav on Feb 9, 2019 19:15:14 GMT
I'm guessing it's by Adam Williams.... he's wanting to write an exposé with lenders who've lost money....but as none of us have as yet....  
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11025
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Post by 11025 on Feb 9, 2019 19:51:15 GMT
Anyone got a link for this ?
cheers
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nyneil
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Post by nyneil on Feb 9, 2019 23:15:18 GMT
Here's a bit in last week's Telegraph, 2nd Feb, by Adam Williams; It's about the FCA register, but collateral is not mentioned: pressreader.com/@nickname11136881/csb_g68CyI_lMdsYGcdpd7W0bx3Zn6y-Foj1QNBi7p757dKxN0ByuofwWSKgAs9bhbcsHere's a relevant snippet: The overall number of complaints also increased significantly year-on year. In 2018 the regulator received 92 letters about incorrect information on its register. This represents a sixfold increase on the 15 complaints recorded in 2017. Due to the slow nature of its complaints process, these 92 issues are unlikely to have been resolved in the calendar year. Each of the three complainants paid compensation in 2018 had initially contacted the FCA in 2016 or 2017. |
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duck
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Post by duck on Feb 10, 2019 5:07:05 GMT
Anyone got a link for this ? cheers I don't believe there is a new article* (I've searched high and low for one) but I can confirm that Adam Williams is looking to write a story on Col and the FCA. As stokeloans has pointed out the fatal flaw in the 'story' at this time is that nobody has actually lost** any money (although we all know it is coming). AW is fully up to date with the current position and the digging for concrete information progresses. *happy to be proved wrong! ** Here I am referring to investors crystallized losses, not anything else 
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11025
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Post by 11025 on Feb 10, 2019 8:15:26 GMT
Anyone got a link for this ? cheers I don't believe there is a new article* (I've searched high and low for one) but I can confirm that Adam Williams is looking to write a story on Col and the FCA. As stokeloans has pointed out the fatal flaw in the 'story' at this time is that nobody has actually lost** any money (although we all know it is coming). AW is fully up to date with the current position and the digging for concrete information progresses. *happy to be proved wrong! ** Here I am referring to investors crystallized losses, not anything else That is what I thought 
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SteveT
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Post by SteveT on Feb 10, 2019 10:23:16 GMT
The article was certainly in yesterday’s (Sat) hard-copy Telegraph. Money section, IIRC Edit: copy uploaded below  |
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rogerbu
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Post by rogerbu on Feb 10, 2019 11:24:14 GMT
The article was certainly in yesterday’s (Sat) hard-copy Telegraph. Money section, IIRC I also read the article in Sat 9/2 Telegraph Money Section P3, but I can't finds an online link to it. I wonder whether extra complaints to the FCA would be appropriate?
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sarahcount
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Post by sarahcount on Feb 10, 2019 11:39:34 GMT
"There is no suggestion that anyone at Collateral was behind the manipulation"  |
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travolta
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Post by travolta on Feb 10, 2019 18:29:23 GMT
I got the impression that it was just a bread and butter piece. Rather anodyne . I'm kind of sick of the weekend Telegraph padding out its copy whining about Phil Green and tacky supplement articles. Its about time newspaper staff were culled and advertisements thinned . Some keen lean articles with insight please rather than tugging an overblown rhetoric and rehashing the same feely stuff.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Feb 10, 2019 21:28:49 GMT
The article was certainly in yesterday’s (Sat) hard-copy Telegraph. Money section, IIRC I also read the article in Sat 9/2 Telegraph Money Section P3, but I can't finds an online link to it. I wonder whether extra complaints to the FCA would be appropriate?YES, undoubtedly, get to it!
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cb25
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Post by cb25 on Feb 11, 2019 10:34:01 GMT
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11025
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Post by 11025 on Feb 11, 2019 10:49:49 GMT
Thanks  that was nowhere to be seen yesterday !
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nyneil
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Post by nyneil on Feb 11, 2019 10:56:47 GMT
I also read the article in Sat 9/2 Telegraph Money Section P3, but I can't finds an online link to it. I wonder whether extra complaints to the FCA would be appropriate?YES, undoubtedly, get to it! Col had 1132 investors, as stated in Refresh Recovery's letter to investors, yet only 69 have complained to the FCA! Come on guys, let's make an effort to increase that number. Details of how to complain, are here: www.fca.org.uk/about/complain-about-regulators/form
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that was nowhere to be seen yesterday !