Carroll in last-ditch bid to save property empire

[powderfinger]

Eight million of our money magicked up to put lipstick on this pig called Zoe.

Was our man on Anglo's Board Alan Dukes consulted?

Zoe says Hello.

oink. oink.

[Vega1447]

I notice that in Dearbhail McDonald ' Indo article Carroll in hospital as lawyers beg for time - National News, Frontpage - Independent.ie

the
"Dramatic new evidence presented to the High Court last night@ included:

• A report on the predicted upturn in the global economy in 2010 and the Irish economy in 2011 from the chief economist at Goodbody Stockbrokers.

This guy ([FONT=Arial]Dermot O’Leary) [/FONT]forecast in 2006:
Goodbody Stockbrokers report says construction to remain key sector of Irish economy for foreseeable future
By Finfacts Team
Oct 4, 2006, 12:47
[COLOR=red][FONT=Symbol]·[/FONT][/COLOR][COLOR=red][FONT=Arial]Sector growth to moderate with increased emphasis on non-residential sector driven by commitment to address Ireland’s infrastructure deficit[/FONT][/COLOR]
[COLOR=red][FONT=Symbol]·[/FONT][/COLOR][COLOR=red][FONT=Arial]House price inflation to slow from 12% in 2006 to 5% in 2007[/FONT][/COLOR]
[COLOR=red][FONT=Symbol]·[/FONT][/COLOR][COLOR=red][FONT=Arial]House completions to peak at 92,000 in 2006, with sustainable demand to average at 68,000 up to 2011 [/FONT][/COLOR]
[FONT=Symbol]·[/FONT][COLOR=red][FONT=Arial]Soft landing forecast for construction sector over the next three years

[/FONT][/COLOR]So the Court can safely trust in his advice...

[Jock_the_Waster]

"Dramatic new evidence presented to the High Court last night@ included:

[LIST][*]A report on the predicted upturn in the global economy in 2010 and the Irish economy in 2011 from the chief economist at Goodbody Stockbrokers.

Hold on,

The report used was issued by Goodbody

Goodbody are owned by AIB

AIB are Zoe's largest creditor

How is a Goodbody report acceptable to the court?

Conflict? anyone? jeebus

[Vega1447]

Jock_the_Waster:

The report used was issued by Goodbody
Goodbody are owned by AIB
AIB are Zoe's largest creditor
How is a Goodbody report acceptable to the court?
Conflict? anyone? jeebus

Agreed.

Hard to see how De Valera J (as the lawyers say) could take his "evidence" seriously.

[He3]

Zoe says Hello.

oink. oink.

Even with eight million euro worth of lipstick, Zoe is no Babe.

[MsAnneThrope]

Not to mention CBRE's advice to Sean Dunne:

...the nearest competing bid was €102 million and the true value of the premises was between €65 million and €95 million.

His initial reaction when his €92 million bid was rejected was to “let the matter go” , he claims, but he was persuaded by Willie Dowling and Sean O’Brien of CBRE to make a further offer and that Hume House was worth €130 million as an investment property. He said he relied on the greater expertise of CBRE in the matter.

Source: Irish Times

[powderfinger]

Even with eight million euro worth of lipstick, Zoe is no Babe.

I'll say one thing for her,He3.
She ain't the ugliest pig in the litter.
You should see her brothers Bernie and Bellymore.
They're a right pair of porkers altogether!

[He3]

I'll say one thing for her,He3.
She ain't the ugliest pig in the litter.
You should see her brothers Bernie and Bellymore.
They're a right pair of porkers altogether!

Funny how we are the ones to end up with our backsides in the slicer and Zoe, Bernie and Bellymore go trotting into the sunset when the credits roll.

[He3]

More Chinese Walls than in China.

Hold on,

The report used was issued by Goodbody

Goodbody are owned by AIB

AIB are Zoe's largest creditor

How is a Goodbody report acceptable to the court?

Conflict? anyone? jeebus