oldgrumpy
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Post by oldgrumpy on May 14, 2015 17:08:08 GMT
...wouldn't catch me in one of them things ... Why? Are you really fast? I was talking about the hang glider! And, no - my boating is limited to 4mph by the Canal and Rivers Trust!
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hendragon
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Post by hendragon on May 14, 2015 20:54:53 GMT
Why? Are you really fast? I was talking about the hang glider! And, no - my boating is limited to 4mph by the Canal and Rivers Trust! is it a banana boat by any chance?
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 14, 2015 21:17:25 GMT
I was talking about the hang glider! And, no - my boating is limited to 4mph by the Canal and Rivers Trust! is it a banana boat by any chance? I believe Grumps boating habits were revealed here p2pindependentforum.com/post/42543/thread
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Post by fundingsecure on May 15, 2015 16:29:38 GMT
We are now in a position to confirm that the boat reported in the above press reports was indeed the boat used as security for the two powerboat loans. Despite press reports to the contrary, a spokesperson for the company (the borrower) has confirmed that no one has been seriously injured.
We are in discussion with the company, who has confirmed that the insurance assessor is already actively involved. As listed on the loan details the boat is fully insured for an amount considerably in excess of the debt and with a loss payable clause in our favour.
The company is now working through various scenarios, both operationally and financially. Key will be the time it takes to pay out the insurance proceeds, which is an unknown at this point. They have assured us that there will be no financial loss to our investors.
We remain confident that this incident will not impact investors’ capital or interest, although it may have an impact on the timing of payments. We will continue to update you as and when we hear anything.
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ramblin rose
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“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on May 15, 2015 16:36:47 GMT
Thanks for the update fundingsecure. I'm glad the injuries don't seem to have turned out too badly, and things sound hopeful for the loan; a bit of better news to take into the weekend
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 15, 2015 16:52:46 GMT
Thanks for the update fundingsecure. I'm glad injuries don't seem to have turned out too badly, and things sound hopeful for the loan; a bit of better news to take into the weekend Seems like positive news, though it is odd the press coverage is apparently so inaccurate. He was seriously injured enough to be transported to Guys & St Thomas Hospital in London yesterday.
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agent69
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Post by agent69 on May 15, 2015 17:49:15 GMT
...wouldn't catch me in one of them things ... No? Not a great photo Id admit but ... Abandon ship!! A gorilla in the mist?
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Jun 15, 2015 21:55:05 GMT
BBC South Today have said that the teenager has been released from hospital and will make a full recovery. Just in time for the new boat.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 16, 2015 13:07:05 GMT
Repaid. So all in all a positive outcome from a horrible situation. FS seem to have a sense of humour about it all - the new loan was listed in forthcoming as 'Antiques' Not the first word that springs to mind to describe it
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Post by wildlife2 on Jun 16, 2015 13:19:41 GMT
Yes, I noticed that.......London parking spaces soon!..maybe.
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