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Vulture funds engage better with borrowers in arrears than banks

Comments

  • Closed Accounts Posts: 5,593 ✭✭✭Wheeliebin30


    Shhhh you’re not allowed tell the truth.

    Nasty Leo vulture funds Michael Noonan rabble rabble.


  • Registered Users, Registered Users 2 Posts: 29,886 ✭✭✭✭Wanderer78


    Strangely enough, people such as bill black would have similar opinions as hall, who's right?


  • Registered Users, Registered Users 2 Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    TBH I always thought they would be, it's their business to take over underperforming loans and make them perform.


  • Registered Users, Registered Users 2 Posts: 14,345 ✭✭✭✭jimmycrackcorm


    David Hall dismisses the Central Bank report as 'spin' and claims vulture funds are 10 times worse than banks in his personal experience.

    David Hall is going only based on his own limited experience dealing with cases. The CB however are dealing with statistical facts reported by the financial sector.

    I. E. If you got mugged in Dublin you'd be inclined to say its the most dangerous city in Europe.


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