I don’t know, Moose, but my point is that bankers have little currency in my
world. British bankers might not be as bad as the mafia, but I have little
trust in their side of the story.
Chris
> On 1 Feb 15, at 21:36, Moose <olymoose@xxxxxxxxx> wrote:
>
>>> The banks (and everyone else) would have been very much better off in
>>> negotiating some sort of long term reduced/delayed payment plan with the
>>> buyers.
>
> How do we know the bank didn't try? With both mortgagees out of work, perhaps
> they couldn't even manage that?
>
>>> Instead they've thrown all parties (including themselves) under the bus.
>>> Stupid.
>
> How do you know that? Only one side has presented their case, and I'll bet
> you know as little as I do about tax laws and accounting rules in Spain. For
> all we know, this may have been the best financial outcome possible for the
> bank.
--
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