The Deficit Myth! Cameron When are you Going to Apologise?
Discussion
Digga, I will not even begin to tell you how much resent I have for banks.
I may have already mentioned, but another firm we knew had it's director receive a *text* that the bank was to close his company account.
No calls, no letters, just a text.
Reason was that the 'construction industry' was no longer of interest to that particular bank.
We had pre-agreed funding pulled in the 11th hour, and our 'bank manager' is now what i'd describe a 'sales rep'.
Woeful, and not to be forgotten.
I may have already mentioned, but another firm we knew had it's director receive a *text* that the bank was to close his company account.
No calls, no letters, just a text.
Reason was that the 'construction industry' was no longer of interest to that particular bank.
We had pre-agreed funding pulled in the 11th hour, and our 'bank manager' is now what i'd describe a 'sales rep'.
Woeful, and not to be forgotten.
Digga said:
Adly not only construction, transport and many oters were blackballed by the computers.
Yes they give umberellers out when the sun is shining take them away if it even looks like rain, I wish I knew then what I know now!! IE a slow build up and creep and go without asset finance or bank overdraft builds the strongest most resession proof bussinesses,or play the banks at there own s
tty game run a limmited company and screw every bit of credit out of banks and finance co's go bust !! rinse and repeat.... One of ph's most verbosely articulate members has managed to go from being on first name terms with Barclays MD to being in a sue/countersue fkfest with them due to their behavior in a matter of 3 yrs after having a mutually successfull and profitable relationship with them for the previous 20 yrs.
Really quite suicidal lunacy from the banks when you think about it for more than 10 seconds.
kfest with them due to their behavior in a matter of 3 yrs after having a mutually successfull and profitable relationship with them for the previous 20 yrs.Really quite suicidal lunacy from the banks when you think about it for more than 10 seconds.
DJRC said:
One of ph's most verbosely articulate members has managed to go from being on first name terms with Barclays MD to being in a sue/countersue fkfest with them due to their behavior in a matter of 3 yrs after having a mutually successfull and profitable relationship with them for the previous 20 yrs.
Really quite suicidal lunacy from the banks when you think about it for more than 10 seconds.
Yes sadly they are just crap !!!badly run with overpaid senior staff, common sense is missing from banks and computer says no !!! this S/E mecanic is staying with in credit current acount, no borrowing and no finacial products I want as little exposure to there shenanigans as possible. been burnt not going to be again, hope they fail and dont get another no strings attached bail out...kfest with them due to their behavior in a matter of 3 yrs after having a mutually successfull and profitable relationship with them for the previous 20 yrs.Really quite suicidal lunacy from the banks when you think about it for more than 10 seconds.
The article is a joke. The "facts" are a mishmash of half truths and utter fabrication. Ramesh Patel is not and never was an investment banker. In fact he's a bloke from Wolverhampton who works for Autotrust Breakdown Service (previously Brown Pound)...
People really should question their sources before simply clicking "share". This article does nothing for HuffPosts credibility. Not that it had too much to begin with.
People really should question their sources before simply clicking "share". This article does nothing for HuffPosts credibility. Not that it had too much to begin with.
ukwill said:
The article is a joke. The "facts" are a mishmash of half truths and utter fabrication. Ramesh Patel is not and never was an investment banker. In fact he's a bloke from Wolverhampton who works for Autotrust Breakdown Service (previously Brown Pound)...
People really should question their sources before simply clicking "share". This article does nothing for HuffPosts credibility. Not that it had too much to begin with.
Trust me, it truly has none. I'd rather believe a post by thinforth2 than the huff...People really should question their sources before simply clicking "share". This article does nothing for HuffPosts credibility. Not that it had too much to begin with.
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