Quickest way you've seen someone lose it all?

corks finest wrote: »

For millennials maybe,but any honest proud irish person wants a United ireland,be it now or the near future

what happens if you re an honest proud irish person, and you dont?

corks finest wrote: »

For millennials maybe,but any honest proud irish person wants a United ireland,be it now or the near future

Its embarrassing all these years later to be still calling it the free state, move on

Stihl waters wrote: »

Its embarrassing all these years later to be still calling it the free state, move on

It is the free state though, embarrassment yes by our forefathers who created a divided country,ask any nationalist in tbe 6 counties what it was like to be abandoned and feel abandoned by most down here,out of sight out of mind eh?

celt262 wrote: »

Who cares

Not u obviously snowflake, but those of us with kids and grandkids up there do, and those forced to flee their houses overnight by uvf elements, saying no more , conversation closed

Mad_maxx wrote: »

probably better off

Yeah probably. He owed loads of people money too. Not dangerous people or anything that I know of, but friends that would have given him a dig out.

mikemac2 wrote: »

Brendan O´Carroll took a lease for a pub and got screwed over by his business partner. So he went bankrupt

I believe he lost over 2 million sterling producing a film and he spent years in negotiations but eventually everyone got paid back.

Just how I remember his story and I like it. Seems honourable the way he treats people

Brendan paid back all his debts. He also gives a lot of money to deserving charities

Mad_maxx wrote: »

if one is locally popular they can get away with anything , being from a popular family adds to it too , place i grew up , a guy literally killed another fella ( not deliberately but a punch up after a days drinking ) , never did his popularity a bit of harm , guy has no shame anyway but those kind of brass necked clients just see everything wash off them

Well this guy owed €28m and the debt was/is a badge of honour for him. I don’t know if it’s rumour or fact, it wouldn’t surprise me if it were true, but apparently he was in a local restaurant one night and very loudly said “anyone that didn’t go broke wasn’t living properly. Sure what is it only a few bob”. The neck on this guy is unbelievable. Hopefully some of the people he wronged will catch up with him eventually.

vriesmays wrote: »

Frank McNamara - use to be a respected, successful, middle-brow composer/musician. Now he's playing at funerals scraping a living after the banks tried to take his home.

You mean the banks generously allowed him to live rent free in their house for many years.

vitreouss wrote: »

Had a friend in his late 20s who was a millionaire after getting into an engineering degree and working for a famous multi-national company in the U.S.

Work was good but stressful. One day he got into a car accident and was prescribed strong painkillers (hydrocodone) for his leg. Got dependent and within a year and a half he lost his job, sold his house/car, and ended up homeless for a while. Called a family member who got him off the streets and into rehab. Doing better now.

Any stories like these?

what did he do with all the money?

Worked for an accountant who was also a developer. He had a practice (and a business partner) in Dublin and also bought a plot of land in the carribean and was developing this. He owned a house on a golf course in florida (tiger woods supposedly owned the house next door). He owned a limousine company, creches and a couple of other companies. Used to be some craic when his business partner would open the post (the partner was quite elderly and the other partner was rarely there). there would be work credit card bills coming in with €20 and €25k on them and none of the expenses work related.
Had his sister and father working for him and all this before he was 40. Crash came and he was over extended with the banks and the limos were lifted one day, he had to sell some property he had here and abroad and the development in the carribean. Soem heavies called round the office one day looking for him and could hardly fit in the door. A lot of people had invested in this and i am not sure if they all got their money back. Got a jail sentence for stealing money from some elderly clients and also got a con current sentence for signing audit reports when he wasnt a registered auditor. He was able to hold on to his house and he still lives in this. He works as a spiritual medium now.....

ILoveYourVibes wrote: »

The weird thing is this is going to sound awful ..but talking to him ...you could tell he wasn't einstein ...i mean you would have thought he would realize he wasn't smart enough to get away with it.

If all it took was being intelligent, then I'd be wealthy, which I'm not. I'm no Einstein but I'm not stupid, I'm absolutely certain there are millionaires with less intelligence than me.

Sometimes people succeed in spite of themselves, e.g., they invest into something that some more measured people would dismiss as too risky, and the stars align and boom, they're wealthy.

Sometimes it just takes the balls to do something and often times I think people who are too intelligent, less impulsive, can fail to reach their potential because of it.

I don't have a brass neck. I wish I did, but I don't.

Deleted User wrote: »

A lad I went to college with posted a massive post over the weekend about he lost everything on cryptocurrency during the crash on Sunday. Had gone all in on crypto, and was leveraged up to his tits.

I must admit I find it difficult to drum up much personal sympathy for him.

He bought high and he sold low (hopefully he didn't sell).
Only thing for it now is hope it comes back somewhat.

Motivator wrote: »

Loads of stories from the Celtic Tiger era that locally were happening on an almost weekly basis post 2008 crash.

One builder that was a friend of the family years ago had two or three new estates in the works when the crash came. At one point he could put his hand on €10m cash but in the space of a couple of years everything was gone. Business up in smoke, helicopter gone, house taken By NAMA - the whole lot. To be fair to him, most of the cash he had stashed was used to pay the smaller lads who also went under. That was something that I won’t forget. He settled up with any local plumber, carpenter and electrician that were employed and had gotten through some work for him on the new estates. Other lads in his position hit the road and left everyone high and dry. His projects were absolutely flying and honestly it felt like it was overnight that things just disappeared for him. His wife was too used to the highlife and bolted on him, kids gone the whole lot.

He moved away from the area at the start of the last decade. I saw him around two years ago in a petrol station up the country driving a DPD van.

He had a helicopter?


FFS!