ceejay
Posts: 975 
Likes: 1,149
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Post by ceejay on Apr 6, 2020 14:15:08 GMT
Dear oh dear. Lets have another go at trying to explain it for those that can't quite keep up. Its not the fact that we are all locked in, its the fact that we are all locked in on unequal terms. Allowing small investors to run away with the cash entitlement of others is the thing that is causing the problem. The access accounts are proportional accounts - why is the money being handed out disproportionately? Ah, yes, there's that word again. Entitlement. Sums it all up really. Some people feel entitled, others feel empathy, there doesn't seem like a lot of overlap. Oh for those long-lost days when all we could find to disagree about was B****t !
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warn
Member of DD Central
Curmudgeon
Posts: 637
Likes: 658
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Post by warn on Apr 6, 2020 14:19:41 GMT
I see the names of some of the staff looking in here. To you and all of you trying the best for the best result for all of us a big THANK YOUWhen you all meet again I will buy you all the first drink.
Please let everyone there know that I for one appreciate that you are doing your best. The second round will be on me. !! Guys, I agree with both of you, so you can buy me a drink too. 
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rogedavi
Member of DD Central
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Post by rogedavi on Apr 6, 2020 14:24:50 GMT
Disproportional payouts based on size of investment isnt something that was written in the investors prospectus was it? and it certainly isnt "fair".
I think the complainers do have a very valid point here. QAA has turned into a securitization that has effectively been tranched up based on investor size.
Small investors hold senior tranches, large investors hold junior tranches. But all investors get the same coupon....
It effectively means the rate of expected return reduces as investment increases, it also means the lower your investment is relative to everyone else the more subordination you have.
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Mikeme
Member of DD Central
Posts: 428
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Post by Mikeme on Apr 6, 2020 14:28:09 GMT
Neither a Cheerleader Nor a Doom-monger Be or is it Neither a Borrower Nor a Lender Be What do I know? Probably amounts to the same thing. I most certainly would not want to be a borrower with a possibility of total loss. We lenders will get paid out before the borrowers if the assets have to be sold and it is unlikely that the assets here are valueless.
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
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Post by littleoldlady on Apr 6, 2020 14:38:13 GMT
Neither a Cheerleader Nor a Doom-monger Be or is it Neither a Borrower Nor a Lender Be What do I know? Probably amounts to the same thing. I most certainly would not want to be a borrower with a possibility of total loss. We borrowers have our bite of the assets long before they get what remains if the worst happens. We lenders here are lucky. Does this need editing - or is it me?
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agent69
Member of DD Central
Posts: 6,043
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Post by agent69 on Apr 6, 2020 14:40:37 GMT
I see the names of some of the staff looking in here. To you and all of you trying the best for the best result for all of us a big THANK YOU
When you all meet again I will buy you all the first drink.
Please let everyone there know that I for one appreciate that you are doing your best. I can guarantee that they will be trying for what's best for the platform.
As a matter of interest, why would you buy them a drink when they are only doing what they are paid to do. It's not like they are critical care workers in the NHS, who are literally risking their lives to tackle the coronavirus. Those are people you should be buying drinks for.
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Mikeme
Member of DD Central
Posts: 428
Likes: 331
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Post by Mikeme on Apr 6, 2020 14:44:34 GMT
I most certainly would not want to be a borrower with a possibility of total loss. We borrowers have our bite of the assets long before they get what remains if the worst happens. We lenders here are lucky. Does this need editing - or is it me? Thanks edited. I was just trying as usual to show 2 sides of what is going on.
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Mikeme
Member of DD Central
Posts: 428
Likes: 331
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Post by Mikeme on Apr 6, 2020 14:46:44 GMT
I see the names of some of the staff looking in here. To you and all of you trying the best for the best result for all of us a big THANK YOU
When you all meet again I will buy you all the first drink.
Please let everyone there know that I for one appreciate that you are doing your best. I can guarantee that they will be trying for what's best for the platform.
As a matter of interest, why would you buy them a drink when they are only doing what they are paid to do. It's not like they are critical care workers in the NHS, who are literally risking their lives to tackle the coronavirus. Those are people you should be buying drinks for.
We are supporting the workers too.
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dovap
Member of DD Central
Posts: 467
Likes: 410
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Post by dovap on Apr 6, 2020 15:30:26 GMT
it's alright they've already dipped into your purse so can buy themselves a drink if need be -
suppose there's no need whilst eejits help them along tho
great thread btw
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m2btj
Member of DD Central
Posts: 631
Likes: 772
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Post by m2btj on Apr 6, 2020 15:41:49 GMT
I see the names of some of the staff looking in here. To you and all of you trying the best for the best result for all of us a big THANK YOU
When you all meet again I will buy you all the first drink.
Please let everyone there know that I for one appreciate that you are doing your best. I can guarantee that they will be trying for what's best for the platform.
As a matter of interest, why would you buy them a drink when they are only doing what they are paid to do. It's not like they are critical care workers in the NHS, who are literally risking their lives to tackle the coronavirus. Those are people you should be buying drinks for.
They're critical as far as many of us are concerned!
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ceejay
Posts: 975
Likes: 1,149
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Post by ceejay on Apr 6, 2020 16:14:52 GMT
They're critical as far as many of us are concerned! Only if you think that your money is as important as someone else's life.
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mark
Posts: 163
Likes: 166
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Post by mark on Apr 6, 2020 16:25:06 GMT
I see the names of some of the staff looking in here. To you and all of you trying the best for the best result for all of us a big THANK YOU
When you all meet again I will buy you all the first drink.
Please let everyone there know that I for one appreciate that you are doing your best. I can guarantee that they will be trying for what's best for the platform.
As a matter of interest, why would you buy them a drink when they are only doing what they are paid to do. It's not like they are critical care workers in the NHS, who are literally risking their lives to tackle the coronavirus. Those are people you should be buying drinks for.
 "Why would you want to buy them a drink" Is this really the level of kindergardenism responses that you want to question an investor's metaphorical, figure of speech, comment expressing support for the company, in working out a strategy for the best outcome for all from a worldwide crisis. " They get paid to do it " is so far outside of any use in typing it, really, why bother??? You seem to be aware of the Covid-19 worldwide health crisis by your care workers and NHS staff comment so, surely, you must be aware of the financial implications of this crisis affecting every single financial institution throughout the world.
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cb25
Posts: 3,528
Likes: 2,668
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Post by cb25 on Apr 6, 2020 16:30:22 GMT
They're critical as far as many of us are concerned! Only if you think that your money is as important as someone else's life. Surely, people make that call every time they choose not to give £x to charity to save lives in (say) Africa. I'd like to think most people would say Yes to "would you give £10 to charity, along with everybody else, to save 100,000 lives in country X (not necessarily your own)?", but suspect many (most?) would say No to "would you give £10,000 to charity - just you - to save a life in country X?".
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ceejay
Posts: 975
Likes: 1,149
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Post by ceejay on Apr 6, 2020 16:41:33 GMT
Only if you think that your money is as important as someone else's life. Surely, people make that call every time they choose not to give £x to charity to save lives in (say) Africa. I'd like to think most people would say Yes to "would you give £10 to charity, along with everybody else, to save 100,000 lives in country X (not necessarily your own)?", but suspect many (most?) would say No to "would you give £10,000 to charity - just you - to save a life in country X?". Well, yes, up to a point. The phrase I was objecting to was "critical" ... at a time when we're seeing so many people think that they are special, they don't have to worry about social distancing or not having barbies on the beach or buying up all the toilet rolls. Or certain stores declaring themselves to be "critical" when they clearly weren't. Critical operations in this country right now include medical (broad definition of that) and logistics (getting us all fed) and not a lot else. Certainly not anything to do with P2P lending, though I appreciate the efforts being made by the staff on all platforms to keep things moving as best they can.
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Post by Harland Kearney on Apr 6, 2020 16:42:27 GMT
They're critical as far as many of us are concerned! Only if you think that your money is as important as someone else's life. A moral question that doesn't need answering. But there isn't colleration between the NHS and our hard earned savings? Some people have years and years of back breaking work, think they are more than alright to push on the staff of where some of those investments might be. Clap for the NHS? Maybe we should be asking the Goverment your qouted question honestly. God bless all NHS workers in these trying times.
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"Why would you want to buy them a drink"