Drumm cant explain 20-25 banks accounts! WTF

whoopdedoo

it must be great to have had access to so much credit he could just spend and not have to check if he had the funds to keep it up! my god :eek:

http://www.rte.ie/news/2011/0214/drummd.html

Former Anglo Irish Bank Chief Executive David Drumm's finances were in 'a chaotic state', at a time when he was running the bank and expanding its loan book, according to testimony given in Boston today.
The bankruptcy trustee, who has been questioning Mr Drumm, asked him repeatedly why he had 20-25 bank accounts and why he did not tally up what he owed and what he owned at the end of every month.
Mr Drumm replied that he could not explain why. He told the hearing that that was the way he ran his household affairs.
Mr Drumm has declared himself bankrupt and is being questioned by the independent trustee of the court.
Anglo Irish Bank says it is owed more than €11m by him.
Other debtors are also seeking their money.

Nothing unusual there, sure didn't Ireland have a finance minister who had NO bank acounts!

As trustworthy as a bag of vipers!

Captain_Generic

Deleted User wrote: »

Nothing unusual there, sure didn't Ireland have a finance minister who had NO bank acounts!

As trustworthy as a bag of vipers!

Thats a bit harsh on the vipers

ArtSmart

the poor chap. shure he didnt know what was going on at all. at all.

'shure i only came in to fix the photocopier and shure, your honour sir, nex ting i knew i was de president!'

ascanbe

And our government not only hasn't investigated the clear examples of fraud perpetrated within Anglo, but has bankrupted the country bailing out these and other snakes involved in this mess.
Indeed, after absolving them of their debts and putting the public on the hook for it, our government is now paying some of them generous rent fees for the privilege of trying to recoup something from the ruins they created; the disaster that is 'NAMA' is operating from a building that is still allowed to be 'owned' by some of those who created the catastrophe that NAMA was suppossedly created to deal with.
The very idea is laughably absurd; unfortunately, though, it's happening.

Kev_ps3

That title is misleading, he can explain. Its just he doesn't want to.

galwayrush

A case of Bertisim, the disease spawned by the creation Celtic Tiger Overdraft.

Irish Slaves for Europe

Why was the bastard allowed to leave the country in the first place?

Debthree

He marches to the beat of his own Drumm.





[I'll get my coat ]

orourkeda

The courts are going to be full of these cases over the coming months and years

wildefalcon

So long as the prisons are full of these scum, too, I'm happy.

But what WILL happen is the ordinary Joe will be in prison for not paying back the mortgage on his half a million semi-detached house in Mullingar.

While Biffo and the BERT and other clowns are swanning around in a new chauffeur driven Merc every year.

Election coming up - last chance to change it. You KNOW what to do.

Debthree

wildefalcon wrote: »

Election coming up - last chance to change it. You KNOW what to do.

Absolutely. Well said.

Debthree

Debthree wrote: »

Absolutely. Well said.

I wish! The Drumm iceberg has already holed the Titanic below the waterline.