SteveT
Member of DD Central
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Post by SteveT on Jan 7, 2016 11:03:32 GMT
It appears SS have provided us with a new accronym to play with. So BDM? Big Deal Monitor or have they taken up a suggestion on another board and hired one of oldgrumpy 's relatives to do recoveries Big Dangerous Monkey Traditionally "Business Development Manager" but may be more like "Bot Defence Minion" in this case.
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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 Jan 7, 2016 11:43:21 GMT
It appears SS have provided us with a new accronym to play with. So BDM? Big Deal Monitor or have they taken up a suggestion on another board and hired one of oldgrumpy 's relatives to do recoveries Big Dangerous Monkey Traditionally "Business Development Manager" but may be more like "Bot Defence Minion" in this case. If only, as it seems the general consensus is that 'Bots Damage Marketplace' and therefore in terms of the SM its 'Better Done Manually' 
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DFL001
Jan 7, 2016 12:01:05 GMT
Post by ladywhitenap on Jan 7, 2016 12:01:05 GMT
Reminds me of where I used to work. We reorganised into "Business Units" to represent the differeing technologies and customer groups we worked with.
We so very nearly ended up with "Business Unit Managers" until the abbreviation was written down. Instead we ended up with "Business Unit Directors" and then had to explain to our customer base that these were not real directors in a company sense but just managers and the customers still thought of them as "bums"
And the staff tended to have a similar view to be honest.
Glad to be retired from the "continual business change must be good" world.
LW
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Liz
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DFL001
Jan 7, 2016 13:12:42 GMT
via mobile
Post by Liz on Jan 7, 2016 13:12:42 GMT
Development in Flood Location.
Seriously I hear about lots of fields that are 8 foot deep in water, yet have planning for housing developments.
Imagine if we funded such a development and it flooded part built, it would be a total write off.
PS I'm not suggesting this loan is being built on a flood plain, in fact I know nothing about this development, as no details yet.
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guff
Posts: 730
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DFL001
Jan 7, 2016 13:31:20 GMT
Post by guff on Jan 7, 2016 13:31:20 GMT
Glad to be retired from the "continual business change must be good" world. Me too. Whilst waiting for somewhere decent to appear where I can place the rest of my pension pot, I've been arranging 30 years of same-as-last-time-with-a-different-acronym initiative freebies in chronological order.
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locutus
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Post by locutus on Jan 7, 2016 15:16:17 GMT
Development in Flood Location. Seriously I hear about lots of fields that are 8 foot deep in water, yet have planning for housing developments. Imagine if we funded such a development and it flooded part built, it would be a total write off. PS I'm not suggesting this loan is being built on a flood plain, in fact I know nothing about this development, as no details yet.  Disclaimer - this is a joke and I know nothing about the site for DFL001.
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jonno
Member of DD Central
nil satis nisi optimum
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DFL001
Jan 7, 2016 15:22:00 GMT
Post by jonno on Jan 7, 2016 15:22:00 GMT
Development in Flood Location. Seriously I hear about lots of fields that are 8 foot deep in water, yet have planning for housing developments. Imagine if we funded such a development and it flooded part built, it would be a total write off. PS I'm not suggesting this loan is being built on a flood plain, in fact I know nothing about this development, as no details yet. Maybe, but why they've decided to call it "Atlantis Park" beats me
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mikes1531
Member of DD Central
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DFL001
Jan 7, 2016 16:20:22 GMT
Post by mikes1531 on Jan 7, 2016 16:20:22 GMT
If you can grow the loan book by 300% without compromising quality then we shall all be very happy (well, most of us at least!). However please retain your focus on quality over all else; nothing will undermine SS faster than a loan default that cannot be recovered from the underlying security. ... and the Provision Fund isn't big enough to cover the loss? Or the trustees of the PF decide the case shouldn't be supported?
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ablender
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DFL001
Jan 7, 2016 16:28:40 GMT
Post by ablender on Jan 7, 2016 16:28:40 GMT
If you look carefully at the picture of the DFL loan you will notice that the grass has a mixture of green and brown colours (at least on my screen). I think, that is a signal of lack of water, so no risk of flooding, at least for the moment.
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SteveT
Member of DD Central
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DFL001
Jan 7, 2016 16:40:48 GMT
Post by SteveT on Jan 7, 2016 16:40:48 GMT
If you can grow the loan book by 300% without compromising quality then we shall all be very happy (well, most of us at least!). However please retain your focus on quality over all else; nothing will undermine SS faster than a loan default that cannot be recovered from the underlying security. ... and the Provision Fund isn't big enough to cover the loss? Or the trustees of the PF decide the case shouldn't be supported? IMO, recourse to the Provision Fund would already indicate that the original lending criteria had gone awry!
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DFL001
Jan 7, 2016 16:49:44 GMT
Post by GSV3MIaC on Jan 7, 2016 16:49:44 GMT
Development in Flood Location. Seriously I hear about lots of fields that are 8 foot deep in water, yet have planning for housing developments. Imagine if we funded such a development and it flooded part built, it would be a total write off. PS I'm not suggesting this loan is being built on a flood plain, in fact I know nothing about this development, as no details yet. Maybe, but why they've decided to call it "Atlantis Park" beats me A catchy name make it easier to float the company. 8>.
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oldgrumpy
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DFL001
Jan 7, 2016 17:08:34 GMT
Liz likes this
Post by oldgrumpy on Jan 7, 2016 17:08:34 GMT
If you look carefully at the picture of the DFL loan you will notice that the grass has a mixture of green and brown colours (at least on my screen). I think, that is a signal of lack of water, so no risk of flooding, at least for the moment. That looks to me like a computer generated image of what the development will look like.
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ablender
Member of DD Central
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DFL001
Jan 7, 2016 17:10:28 GMT
Post by ablender on Jan 7, 2016 17:10:28 GMT
If you look carefully at the picture of the DFL loan you will notice that the grass has a mixture of green and brown colours (at least on my screen). I think, that is a signal of lack of water, so no risk of flooding, at least for the moment. That looks to me like a computer generated image of what the development will look like. Oh, I thought it was a photo of the real thing - stupid me.
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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
Posts: 11,329
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DFL001
Jan 7, 2016 17:12:13 GMT
Post by ilmoro on Jan 7, 2016 17:12:13 GMT
If you look carefully at the picture of the DFL loan you will notice that the grass has a mixture of green and brown colours (at least on my screen). I think, that is a signal of lack of water, so no risk of flooding, at least for the moment. That looks to me like a computer generated image of what the development will look like. This loan is almost certainly replacing 4a/b in which case the valaution makes no mention of flooding. Having just had a pootle around that location on Streetview the plot is raised ground sloping down to a major motorway and nowhere near any rivers so I think we should be OK. The pictures on that loan look like the real thing
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Liz
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DFL001
Jan 7, 2016 22:02:00 GMT
via mobile
Post by Liz on Jan 7, 2016 22:02:00 GMT
That looks to me like a computer generated image of what the development will look like. Oh, I thought it was a photo of the real thing - stupid me. if it was the real thing, why would they need the loan?
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