Are you referring to the Royal Bank of Scotland ;-)
Amities
Philippe
Le 1 févr. 15 à 22:44, ChrisB a écrit :
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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