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Bullied & ruined by 4 bad banks

C

christw123

New Member
In the 1990s we built up a very successful commercial property business developing large units for Plc companies such as JD Wetherspoon, ASK, Pizza Express, Domino Pizza, Prezzo and offices for the CPS plus hotels and luxury apartments.
Our property portfolio was valued in the region of £35 million with loans to the value of 50% (£17 million)
Our major bankers were investors.

BAD BANK 1
In 2003 we moved to {moderated} after being sold and promised by {moderated} a 5 year interest only fixed term 6% over LIBOR loan.
{moderated}

BAD BANK 2
The first we knew of this is when we received a letter from the {moderated} without even time to move our commercial loan or mortgage. They had sold our loan to Lehman Bros and they would be running the account.
{moderated}

BAD BANK 3
Our 3rd bad bank was {moderated} who funded the development of the Royal Hotel in Kirkby Lonsdale, a beautiful Georgian property in the Lake District. We restored it to its former glory.
When the bank failed the irish Government who owned the bank, called in the loans and made my wife and I bankrupt in 2010.
{moderated}We tried and worked very hard to rebuild our lives and provide stability to our family through this financial crisis brought on by the greedy banks.

BAD BANK 4

The final straw was another failed bank {moderated} who are were paying staff £1 million in bonuses that year and have just issued us with eviction notice of our home and will take a £500,000 deficit negative equity after a mortgage we have had with them for 14 years and paying in the region of £400,000 in interest in payments.

Why are the government so frightened of stopping these greedy bankers bonuses which are causing great misery to hard working families like ourselves whilst the bankers still receive millions in reward for failure at the taxpayers expense?

This is morally wrong in society and should be stopped now. This capitalist way of dealing with things and exploiting others has got to stop. Do we learn from history or do we want another recession to happen again in 20 years time?

THE SAME CONCEPT OF JUSTICE SHOULD APPLY IF YOU WEAR A SHARP SUIT AND CALL YOURSELF A BANKER TO IF YOU WEAR A BALACLAVA AND CARRY A SHOTGUN!

GIVE A MAN A GUN AND LET HIM ROB A BANK, GIVE A MAN A BANK AND LET HIM ROB EVERYONE!

MR CAMERON SMELL THE COFFEE AND GET A GRIP ON THESE GREEDT BANKERS!
 
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