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Thread: Judge cuts Examiners fees by 16%

  1. #1
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    Default Judge cuts Examiners fees by 16%

    No end to the greed by Dublin based professional I see:

    Judge cuts fees of examiner by 16% - The Irish Times - Fri, Jun 18, 2010

    The examiner wanted €425 and hour and rates for his staff of €210,185,150 and €100. In other words the junior who carries the lap-tops and makes the coffee was being charged out at €100 an hour!!!!

    This is crazy greed and nothing to do with the market. Its milking the system by so called professionals.

  2. #2

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    I knew before clicking on that link who the Judge was going to be.

    A HIGH Court judge has imposed a 16 per cent cut on fees for the interim examiner of the insolvent Residence private members club at St Stephen’s Green, Dublin. That reduction “equates much more to the realities of life in 2010”, Mr Justice Peter Kelly said.
    ''The tattoo has a profound meaning: the superficiality of modern man’s existence.'' - Theodore Dalrymple

    "Any fool can make something complicated. It takes a genius to make it simple." - Woody Guthrie

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    When will this persecution of the professional classes end?

    Where's our NAMA?

    Oh wait, yes, we have one. NAMA.

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    Quote Originally Posted by meriwether View Post
    When will this persecution of the professional classes end?

    Where's our NAMA?

    Oh wait, yes, we have one. NAMA.

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    This is only possible because of the near monopoly exercised by the professional bodies. I think its time to pull the rug from underneath them and allow anyone with an appropriate post-grad to practice.
    If once the people become inattentive to the public affairs, you and I, and Congress and Assemblies, Judges and Governors, shall all become wolves. It seems to be the law of our general nature, in spite of individual exceptions.

    Thomas Jefferson

  6. #6

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    Come on folks, you can't be expecting the real wealth destroyers to be working for nothing.......
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    What are we complaining about.

    The creditors & new investor covered it all

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    Accountants should be paid at least €300 per hour after qualification. Minimum.

    Fair wage and nice big taxes to the exchequer

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    To play devil's advocate, is it not bizarre for a business to slash its prices when demand goes through the roof?

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    Now we see that NAMA were quoted €800 an hour by one 'expert'for a 500 hour assignment!!! Seemingly they were astounded! Now they are hiring 'at the lower end of the range offered FROM €180 an hour!!!(Cover story Irish Times today)

    From €180 an hour......nearly the same as a carer gets in a week!!!

    And people try to say NAMA is not a bailout for professionals!

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