My, somebody is Grumpy today
Did BOI cut your overdraft limit?
This is a great reminder. I would have fallen into the trap of listening to people who said that RB was a 'good banker'. The facts speak for themselves. Your signature quote comes to mind.
A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined,
is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him.” Keynes
Also its good to see Dunne helpfully name drop the lenders involved in lending him the cash for the Burlington
From 2006http://www.independent.ie/unsorted/prop ... 87448.html
Barbara Connolly, Paul McDonnell and Sean Martyn have been appointed property finance directors, while John Hunt becomes head of structured property finance.Ulster Bank's property finance division has handled some of the largest property deals in recent years, including Sean Dunne's purchase of Jury's Ballsbridge (with the fastest turnaround ever for a deal of this size), the Beacon Medical Centre and the recent funding of the ?525 million purchase of the Fosse Park shopping centre by Irish investors.
The latter was the largest single retail property acquisition in the UK this decade.
Ulster Bank Property Finance employs approximately 100 people in total, at head office in Dublin and at five regional centres (soon to grow to 9) providing services and investment facilities, mainly to businesses and high net-worth individuals.