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Banks pulling the wool over our eyes again!!!

  • 12-03-2011 12:46pm
    #1
    james123
    Registered Users, Registered Users 2 Posts: 378 ✭✭


    One of the conditions of the banks receiving a bailout off us the tax payer, was to free up monies then in turn be able to give loans to small to medium businesses again.

    Ive now been informed from several customers that one said "bank" of ireland is ringing up these small businesses that have overdrafts and asking them to turn them into short term loans, so they look like they are fulfilling the criteria of the bailout. when in all actuality they are just shifting figures from one side of the book to the other.

    I for one am really p!ssed over this, what gobsh!te was given a bonus for that idea


Comments

  • #2
    phasers
    Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    My bank didn't get any bailout money so I don't care


  • #3
    AckwelFoley
    Registered Users, Registered Users 2 Posts: 12,555 ✭✭✭✭AckwelFoley


    Banks.

    lol.
    we dont have any

    we have black holes and loan sharks


  • #4
    james123
    Registered Users, Registered Users 2 Posts: 378 ✭✭james123


    unfortunately this is real and they are our banks

    snyper wrote: »
    Banks.

    lol.
    we dont have any

    we have black holes and loan sharks


  • #5
    Yakult
    Moderators, Computer Games Moderators Posts: 7,943 Mod ✭✭✭✭Yakult


    Is a pretty good idea from the banks point of view. But by doing so they will slow down any recovery by not lending to small businesses etc.

    If its out in the public that they are attempting this then I expect action to be taken on it. But this being Ireland, they will probably get awat with it.


  • #6
    strobe
    Closed Accounts Posts: 7,872 ✭✭✭strobe


    james123 wrote: »
    One of the conditions of the banks receiving a bailout off us the tax payer, was to free up monies then in turn be able to give loans to small to medium businesses again.

    Ive now been informed from several customers that one said "bank" of ireland is ringing up these small businesses that have overdrafts and asking them to turn them into short term loans, so they look like they are fulfilling the criteria of the bailout. when in all actuality they are just shifting figures from one side of the book to the other.

    I for one am really p!ssed over this, what gobsh!te was given a bonus for that idea


    Get your customers that have said this to you to contact the media. Not RTE obviously, but TV3 or one of the newspapers might run with it.


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