Another banking crisis.

orourkeda

http://new.uk.music.yahoo.com/blogs/behind_the_music/13443/adam-clayton-is-suing-his-bank-over-missing-4m/#

Let this be a lesson to you people. It pays to check your statement. When youre down to your last €4,000,000 it pays to be vigilant.

ejmaztec

orourkeda wrote: »

http://new.uk.music.yahoo.com/blogs/behind_the_music/13443/adam-clayton-is-suing-his-bank-over-missing-4m/#

Let this be a lesson to you people. It pays to check your statement. When youre down to your last €4,000,000 it pays to be vigilant.

I've always been vigilant, and have never lost €4,000,000.

starbelgrade

Well, having €4million nicked from you is one thing, but taking someone to court over a f*cking hat, is a different story altogether.

Danbo!

What a ****ing idiot.. (clayton I mean)

Mobile Phone People:

Adam Clayton sues bank over missing €4m
Posted Tue 6 Jul 2010 11:27 BST by Music Editor in Behind The Music
U2 bassist Adam Clayton is suing his bank after his personal assistant was accused of withdrawing €4m (£3,320,202) from his account over a five-year period.

Clayton had given his former PA Carol Hawkins full authorisation to operate his bank accounts but said he "couldn't be bothered" to read his statements which would have shown that money was being drained from his account.

Bank of Ireland Private Banking barrister Michael McDowell said Mr Clayton seemed to think the bank should have noticed more than €4m (£3,320,202) was "haemorrhaging" from his accounts between 2004 and 2009.

The guitarist was also accused of "putting the cart before the horse" in trying to fast-track this "derivative" case against the bank and his accountants when his separate action against Ms Hawkins had yet to be heard.

The guitarist brought a claim against Ms Hawkins last year in which he alleges she bought a New York apartment in his name and also spent €900 (£747) a month on a horse racing syndicate.

Clayton had been aware of missing funds after Ms Hawkins confessed in September 2008 to stealing "about €15,000" (£12,450) but he allegedly made no effort to inform his bank of the incident.

It is now claimed that in fact €4.3 (£3,569,217) million was missing in October 2008, while a further €450,000 (£373,522) had disappeared by October 2009.

An application to have the case fast-tracked has been refused and the case will now go to the High Court instead.

starbelgrade

That article is full of mistakes...

The guitarist was also accused of "putting the cart before the horse" in trying to fast-track this "derivative" case against the bank and his accountants when his separate action against Ms Hawkins had yet to be heard.

The guitarist brought a claim against Ms Hawkins last year in which he alleges she bought a New York apartment in his name and also spent €900 (£747) a month on a horse racing syndicate.

Bass players aren't guitarists - everyone knows that - they're just failed drummers who can only play one string at a time.

My name is URL

I hope they counterclaim for having their business associated with such a tit

m5ex9oqjawdg2i

If you give somebody else full access to your account and they withdraw money, how is it the banks fault? Have any laws been broken? Were there any clauses involved in the contract?

I don't think the accountant or bank is at fault here, or am I being naive?

That's my understanding of the situation though, maybe there's more to it?

Pittens

well the accountant should have noticed. surely.

ScumLord

He can **** off, that's my bank now and things have changed. U2 boy won't be getting a penny!

orourkeda

ScumLord wrote: »

He can **** off, that's my bank now and things have changed. U2 boy won't be getting a penny!

Superb.

Rented Mule

ScumLord wrote: »

He can **** off, that's my bank now and things have changed. U2 boy won't be getting a penny!

Just pay him !!

Hopefully it'll keep them from having to record anything in the very near future !!

I feel bad for him. Complete betrayel of trust and a hole in your bank account.

Biggins

It pays to check everything if you can. What an expensive lesson!

KevinVonSpiel

Perhaps if he'd lay off the soap bar for a bit, then he'd notice when he's getting fleeced.