Cash rich developers to compete with NAMA and buy their own loans at discount

[SPN]

I'm puzzled by most of your posts. Maybe you could clear up this particular point.

Could you explain just whom you see as "the gamblers" in the case of Anglo? Equity owners? Bond holders? CDS holders or writers? Short sellers? Depositors? Borrowers? Management? Staff? (Or the government, using taxpayers' money?)

What part is puzzling you?

You do know how Capitalism works don't you?


But the short answer to your question is All of the above.

[Cael]

If they compete with NAMA will that not push up price?
But how is it that they have cash if they owe money? Is paying back what you owe just for the little people.
Tom Parlon will no doubt be talking about the 'great value'-if ever there was someone who deserves his comeuppance it is Tom Parlon.

A dirty little fvck that should be drowned in weed killer.

[Cael]

Their Irish assets and cash reserves may render them broke but these guys have a lot of offshore assets, companies and cash.

Ray Grehan just got the go-ahead from Boris Johnson for his €685m high-rise residential development (430 apartments and a 220 room 5* hotel) in Canary Wharf, London and Bernard McNamara, who owns the adjoining site, has also got the go-ahead for his €500m high-rise development. You'd think something like the Olympics was coming to town with all this development.

But they're cap-in-hand here to look at them

Filthy scum. Its time the Irish people took direct action against these vermin.

[nuj]

What part is puzzling you?

You do know how Capitalism works don't you?


But the short answer to your question is All of the above.

1) All

2) And how it doesn't, by times.

3) Can I have what you're having?