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This is a discussion on More bad debts for the banks within the Current Affairs forums, part of the General Discussion category on Politics.ie. Dublin based investment firm First Equity has gone to the tubes. Typically, most investors would put up 20% cash and ...
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29th March 2009
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 More bad debts for the banks Dublin based investment firm First Equity has gone to the tubes. Typically, most investors would put up 20% cash and borrow the remaining 80% for the projects First Equity were seeking investment for. The article listed below states 400 investors will get burnt, the knock on effect for the banks will be pretty serious. Sunday Business Post | Irish Business News and http://www.sbpost.ie/post/pages/p/st...639-qqqx=1.asp
__________________ I'm on a temporary, heading towards permanent ban for using dozens of sock puppets Last edited by Digout; 29th March 2009 at 05:38 PM.   |
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