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Pensioners evicted from their home today!!

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Comments

  • #1142
    true
    Banned (with Prison Access) Posts: 1,325 ✭✭✭true


    gatecrash wrote: »
    Do you have some involvement with the kelly's?
    no. Do you have an involvement in a bank?
    .
    gatecrash wrote: »
    As a business transaction, what happened here has been explained on numerous occasions. The bank looked at the overall value of the assets, looked at the value of the loan and decided that it was worth loaning out the money, as they would get back either the money loaned out with interest and so show a profit, or get the assets.

    the wbanker obviously made a mistake - one of tens of thousands - and the fact the banks had to be bailed out and have wrecked the property and financial markets proves this.


  • #1143
    cyrusdvirus
    Closed Accounts Posts: 3,752 ✭✭✭cyrusdvirus


    true wrote: »
    no. Do you have an involvement in a bank?

    Apart from a bank account and a mortgage, no, i don't.

    Why would that be pertinent?


  • #1144
    gurramok
    Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    true wrote: »
    the wbanker obviously made a mistake - one of tens of thousands - and the fact the banks had to be bailed out and have wrecked the property and financial markets proves this.

    Do you want the Kelly's to be bailed out?


  • #1145
    true
    Banned (with Prison Access) Posts: 1,325 ✭✭✭true


    gurramok wrote: »
    Do you want the Kelly's to be bailed out?

    I do not know enough about their exact financial circumstances so would keep an open mind.

    However it is unfair that the wbankers got bailed out "scott free" and kept their big bonuses and big pensions for mis-selling and creating the situation.


  • #1146
    cyrusdvirus
    Closed Accounts Posts: 3,752 ✭✭✭cyrusdvirus


    true wrote: »
    I do not know enough about their exact financial circumstances so would keep an open mind.

    However it is unfair that the wbankers got bailed out "scott free" and kept their big bonuses and big pensions for mis-selling and creating the situation.

    Why would me having an involvement in a bank have anything to do with this.


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  • #1147
    Geuze
    Registered Users, Registered Users 2 Posts: 14,277 ✭✭✭✭Geuze


    The IT are reporting today that, as well as the 21 apartments bought in Irl, they also bought 13 apartments in London.

    NB: some of the 21 seem to have been sold.

    They are the 1%.


  • #1148
    gurramok
    Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    true wrote: »
    I do not know enough about their exact financial circumstances so would keep an open mind.

    However it is unfair that the wbankers got bailed out "scott free" and kept their big bonuses and big pensions for mis-selling and creating the situation.

    So you cannot give a yes or a no and by doing so shows you have sympathies with homeless landords by refusing to say no to a landlord bailout. According to Kelly, his landlord business turns a profit.


  • #1149
    munchkin_utd
    Registered Users, Registered Users 2 Posts: 7,958 ✭✭✭munchkin_utd


    Geuze wrote: »
    The IT are reporting today that, as well as the 21 apartments bought in Irl, they also bought 13 apartments in London.

    NB: some of the 21 seem to have been sold.
    They are the 1%.
    well...

    if they sold a few more then they would have had the 2 million to pay for the mansion that they couldnt afford/ couldn't be arsed paying for / thought they could keep without bothering to pay back the banks.


  • #1150
    smash
    Closed Accounts Posts: 34,809 ✭✭✭✭smash


    They're arrogant scumbags. Only words for them.


  • #1151
    Fulton Crown
    Banned (with Prison Access) Posts: 2,493 ✭✭✭Fulton Crown


    leggo wrote: »
    Can you accurately detail the effort they put into sorting out their affairs please, quoting financial transactions and so on? You seem to know a lot about this case, to comment on it so assuredly in public, this is an exciting breakthrough!

    No he can't...can you ?

    I think it's fair to assume that the Bank in question made every effort to sort this out before resorting to eviction.

    The guy did say on radio that his finances had improved in the last few weeks...very co-incidental that...must have "found" anoher account that he had "forgotten" about.

    Now pal I cannot PROVE any of this ...but from following this case that is my opinion.

    M'kay ?


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  • #1152
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,158 ✭✭✭relax carry on


    So its 21 Irish properties and 13 UK properties all rented? I hope someone from Revenue is checking their rental income returns over the last few years, just to see what's been declared.


  • #1153
    Paparazzo
    Closed Accounts Posts: 7,397 ✭✭✭Paparazzo


    Geuze wrote: »
    The IT are reporting today that, as well as the 21 apartments bought in Irl, they also bought 13 apartments in London.

    NB: some of the 21 seem to have been sold.

    They are the 1%.

    Fúcking hell!
    I really hope the people on here supporting their cause are just trolling. How could anyone think the taxpayer should be funding their mortgage!


  • #1154
    Paparazzo
    Closed Accounts Posts: 7,397 ✭✭✭Paparazzo


    true wrote: »
    I do not know enough about their exact financial circumstances so would keep an open mind.

    However it is unfair that the wbankers got bailed out "scott free" and kept their big bonuses and big pensions for mis-selling and creating the situation.

    So, no one should have to pay their mortgage because the banks got bailed out? That's brilliant! Sickner to the people that rented through the boom, the buyers get free houses.


  • #1155
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    The good news for the wealthy couple is that presumably they can now get support from the Occupy London people and UK socialists, as well as Occupy Dame Street and the Irish left.
    Evicted pair own 13 flats in London

    COLM KEENA and EOIN BURKE KENNEDY

    THE COUPLE who were evicted from their home in Killiney, Co Dublin, last week own a substantial number of apartments in London.

    Brendan and Asta Kelly, St Matthias Wood, Killiney, Co Dublin, were evicted from their home in relation to debts owed to the Irish Bank Resolution Corporation, which now incorporates the former Irish Nationwide Building Society.

    Last week it emerged they had purchased up to 21 properties in Dublin, most of them in south city areas, in the late 1990s and early 2000s, and are still the owners of the bulk of these apartments.
    http://www.irishtimes.com/newspaper/ireland/2012/0424/1224315104103.html


  • #1156
    Mousewar
    Registered Users, Registered Users 2 Posts: 2,740 ✭✭✭Mousewar


    Property prices in London are pretty good I believe - didn't suffer like Ireland or even the rest of the UK.

    Look, this is a story about rich people losing some of their richness. It's not to be celebrated but as for feeling sorry for them, I might as well feel sorry for Sean Quinn or Roman Abramovich - they both lost tons in the financial crisis but you know what, I reckon they're going to be ok.

    The Kellys have presumably lost a lot of money and that's sad for them. I'm sure it feels like a kick in the teeth for them but their behaviour has been appalling. Refusing to pay their mortgage for about four years and acting indignant when the bank enforce a two year old repossession notice. And they made a difficult job for the bailiffs tens times more difficult with their carry on. I thought, from the video, that the bailiffs acted very reasonably and in a controlled manner. The fact that it turned slightly unpleasant was entirely due to Mr. Kelly's childish behaviour. Frankly he should apologise to them, especially for running at them with a feckin wheelie bin!


  • #1157
    44leto
    Closed Accounts Posts: 4,137 ✭✭✭44leto


    true wrote: »
    nice theory, but too much greedy, unscroupolous and unethical lending has meant the interest they get is not sufficient to cover the losses from defaulters...thats why the banks have lost not just millions but hundreds of billions.
    But its ok, the regulator and wbankers got to keep their bonuses and pensions. Only the flies got caught in the web.

    Without sounding callous, so what, they rolled a dice, bet on a horse, invested in property, I don't see a difference. In each case there is a chance of losing or winning.

    They are not the only people to lose on the property market in Ireland, all home owners did. But they did overextend their risk, high rollers if you like. They lost.

    A true story, my father is 80 and he always liked a flutter, never anything to serious. He can't get to the bookies so he has taken to paddypower online. A few weeks ago he bet a horse, but instead of putting in a 20euro bet, he mistakenly put in a 200 euro bet.

    He rang PaddyPower and told them of his then realised mistake, the guy on the phone said, "sorry we can't "but would you be ringing us if the horse won", my Da just honestly said "no".


  • #1158
    johnwest288
    Registered Users, Registered Users 2 Posts: 665 ✭✭✭johnwest288


    If It had of been me, I would of suggested to the bank they take back the mansion and allow me to purchase a smaller property that was within my means

    Maybe something for 200k outside Dublin.

    I mean if its a big house Mr Kelly wants here is a massive house for a mere 250K
    I bet he would get it for 200K

    http://www.myhome.ie/residential/brochure/stoneyford-park-delvin-co-westmeath/1857270

    Am i being too Simplistic? Would the bank have agreed to something like that?


  • #1159
    smash
    Closed Accounts Posts: 34,809 ✭✭✭✭smash


    johnwest288 wrote: »
    If It had of been me, I would of suggested to the bank they take back the mansion and allow me to purchase a smaller property that was within my means

    Would you not have sold a couple of your 30+ other properties to pay the bank back what you borrowed instead?


  • #1160
    snubbleste
    Banned (with Prison Access) Posts: 31,117 ✭✭✭✭snubbleste


    Could someone draw up a spreadsheet to help the dear fragile 'pensioners' keep track of their affairs? Also someone contact the german tabloids to see how many properties they have there.


  • #1161
    johnwest288
    Registered Users, Registered Users 2 Posts: 665 ✭✭✭johnwest288


    smash wrote: »
    Would you not have sold a couple of your 30+ other properties to pay the bank back what you borrowed instead?

    That too as i suggested near the start of this thread but someone said they were belonged to other banks and in negative equity. I would of flogged the bloody lot. Then got a small nice little house in the country and retire. Thats what my common sense says. Why the hell at there age do they not want to do that? I dont get it!


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  • #1162
    smash
    Closed Accounts Posts: 34,809 ✭✭✭✭smash


    I'm surprised none of the papers have managed to dig up the figure they sold their German business ofr. It must have been a hell of a lot to get a property portfolio of that size plus a €2m house at the age of 65 with no collateral attached to it.


  • #1163
    Carlos_Ray
    Closed Accounts Posts: 685 ✭✭✭Carlos_Ray


    I wonder if they would have allowed their numerous tenants to stay in their properties without paying rent. Greedy idiots.

    There are people with real problems in this country right now. People struggling to keep a roof over their children's heads and meals on the table, and we're supposed to have sympathy for a wealthy couple who feel they have a right to maintain the high life that they have become accustomed to over the years.

    The brass neck of some people!


  • #1164
    Frank Bullitt
    Registered Users, Registered Users 2 Posts: 12,930 ✭✭✭✭Frank Bullitt


    Are these chancers still camped outside the house?


  • #1165
    jack presley
    Closed Accounts Posts: 13,687 ✭✭✭✭jack presley


    Gintonious wrote: »
    Are these chancers still camped outside the house?

    Probably only when they know cameras are coming


  • #1166
    Paparazzo
    Closed Accounts Posts: 7,397 ✭✭✭Paparazzo


    snubbleste wrote: »
    Could someone draw up a spreadsheet to help the dear fragile 'pensioners' keep track of their affairs? Also someone contact the german tabloids to see how many properties they have there.

    He has a computer in his house with all his business on it. But instead of getting it when the sheriff came, he thought arguing with him and organising someone to film it and calling the newspapers was more important. 2 years isn't long enough to copy everything onto a laptop/hard drive/memory stick apparently.
    According to "Ghandi" it's the sheriff's fault that he doesn't have a computer to do business on.


  • #1167
    mikemac1
    Closed Accounts Posts: 12,395 ✭✭✭✭mikemac1


    I'm glad he is not my accountant, he hasn't a clue

    I know if a TD or a garda is declared bankrupt they can be sacked. Wonder if accountants are the same, could he be kicked out of his charter organization?


  • #1168
    facemelter
    Registered Users, Registered Users 2 Posts: 1,266 ✭✭✭facemelter


    My name is URL wrote: »
    I don't give a fcuk what the details behind it are. Kicking OAPs out of their home is wrong regardless of any semantics.

    In this case the details do tend to matter, They actually own many other properties. All of which they are letting, Letting them live in luxury while others struggle with repayments would have been wrong , Gards should have lifted them out and told them to get stuffed.


  • #1169
    thebaz
    Registered Users, Registered Users 2 Posts: 13,845 ✭✭✭✭thebaz


    Gintonious wrote: »
    Are these chancers still camped outside the house?

    it got a bit chilly on Saturday , so they checked out - lucky to have the options of Ritzing it , unlike the real homeless and evictees , who they are trying to allign themselves with


  • #1170
    Dave!
    Closed Accounts Posts: 27,856 ✭✭✭✭Dave!


    Can't believe how angry these c*nts make me.


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  • #1171
    srsly78
    Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭srsly78


    Dave! wrote: »
    Can't believe how angry these c*nts make me.

    Take a deep breath and pour yourself a stiff drink mate.


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