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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Sat Sep 05, 2015 8:28 pm 
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Google provides a reasonable good description of the underlying causes of the Irish Famine


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Sun Sep 06, 2015 1:07 am 
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Terra Incognita wrote:
ps200306 wrote:
In the era before refrigeration, fish was only available within a short few miles of the coast. But, as you say, the issue wasn't lack of potatoes either.

That's completely untrue. I'm surprised at you PS

Refrigeration was not the problem. The Basques used to catch cod of the Grand Banks dry and salt it in sheltered coves in Newfoundland and then sail it back for the consumption in all areas of Spain back in the 1500's

https://en.m.wikipedia.org/wiki/Cod_fis ... wfoundland

Mea culpa. I promise I considered saying "with the exception of salted fish". :D
I ignored it for brevity. Look at the history of fish consumption in Great Britain. With the advent of refrigeration and the already established railways it suddenly rocketed to hundreds of tons in the previously fish-unaware inland regions.
PS T.I. you've been lying low too long ... that renovation must be sapping you.

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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Sun Sep 06, 2015 1:19 am 
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AWAAF wrote:
I recall reading somewhere that temporary food shortages and minor famines were pretty much part of the rural Irish experience.

Not only Irish, but British and European too.

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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Sun Sep 06, 2015 1:28 am 
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Luan wrote:
Google provides a reasonable good description of the underlying causes of the Irish Famine

For me, The Great Hunger by Cecil Woodham-Smith is still the seminal book on the subject. Among other things, it paints the all-important picture of British attitudes to the famine -- how English Quakers responded with amazing generosity, while two random gunshots from some godforsaken farmhouse in Carlow (from memory -- could be elsewhere) made the headlines in the Times of London and set British attitudes against "the ungrateful Irish". Always reminds me how mostly forgotten microscopic details can lie behind the great events of history. Another irony is that the laissez faire politics that scuppered Ireland were those of Trevelyan's recently ascendant Liberals/Whigs who had defeated the Tories in 1846.

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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Sun Sep 06, 2015 12:02 pm 
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ps200306 wrote:
Luan wrote:
Google provides a reasonable good description of the underlying causes of the Irish Famine

For me, The Great Hunger by Cecil Woodham-Smith is still the seminal book on the subject. Among other things, it paints the all-important picture of British attitudes to the famine -- how English Quakers responded with amazing generosity, while two random gunshots from some godforsaken farmhouse in Carlow (from memory -- could be elsewhere) made the headlines in the Times of London and set British attitudes against "the ungrateful Irish". Always reminds me how mostly forgotten microscopic details can lie behind the great events of history. Another irony is that the laissez faire politics that scuppered Ireland were those of Trevelyan's recently ascendant Liberals/Whigs who had defeated the Tories in 1846.


Haven't read that book, but another worth reading for an alternative perspective on the Famine would be Bad Land by Jonathan Raban http://www.amazon.com/Bad-Land-An-American-Romance/dp/0679759069, which tells of how millions of people from all over Europe (Ireland might not have been specifically mentioned in the book, but you can draw your own conclusions) were lured to America by an epic campaign of lies (sponsored by the rail barons who needed customers along the railways between east and west coasts to help pay off their investment) describing the American West having land ten times more fertile than in Europe, and of new farming techniques that guaranteed riches beyond imagination for those ready to work hard. The building of the railways in America and the opening up of its interior probably contributed far more to Ireland's migrations of the 1840s than any other cause, but the idea of them being caused by famine alone has always been taught in our schools for political reasons and needs to be challenged.


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Sun Sep 06, 2015 3:03 pm 
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Mantissa wrote:
Barney Gumble wrote:
Quote:
The Great Irish Potato Famine of the 1840s caused heavy Irish migration to the United States in droves

On a side note, this is a pet hate of mine. It wasn't a famine affecting potatoes, it was a famine that affected people. I'm sure the potatoes had plenty to eat. I also note that nobody talks about the 'Ethiopian Wheat Famine' or the 'Ukrainian Potato Famine'. Oddly enough, the focus in those cases is more on the people who died rather than on their favourite snack. Calling the Irish experience a 'potato famine' sounds like some sort of combination of minimisation, victim blaming and colonial sneering.

/obscure rant

I agree. When I was younger I could never understand why people living in a country with so much fish available would die because of a potato blight. I mean, it makes no sense on the face of it because it sounds from the name like it was just an issue with the potatoes.

Ireland was actually a net exporter of food during the famine but it was for export and starving locals couldn't afford the produce.

Earlier famines had been averted by closing the ports and shutting off the export market.

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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Mon Oct 31, 2016 9:38 pm 
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http://www.irishtimes.com/business/comm ... -1.2849732

Quote:
Company linked to Eddie Hobbs hit by US water contamination costs
Brendan Investments investors hit with costs of €450,000 over Michigan lead water crisis

Following the last financial crisis, Brendan Investments was one of the biggest buyers of seized an abandoned properties in the environs of the US city of Detroit. Flint is a nearby city that has experienced a major public health issue with contamination of its drinking water.
Accounts for 2014 filed by BIPEP this month show the company estimated the bill for “remediation works . . . concerning lead-based paint on all occupied homes” on the orders of local authorities.
Write-downs
The accounts show the company made a loss before tax over the year of €2.4 million, mostly due to write-downs in the value of its assets. The operating loss was about €2 million.
Net income almost doubled from €4.7 million to €9.2 million, although this was mostly down to cash raised from selling off much of its property portfolio. The accounts show it held €4.6 million of assets at the end of 2014, with total net assets for the company of €5.56 million.
A management company linked to some of the directors of BIPEP charged the group €183,000 for services over the year.
Mr Hobbs was a founder and promoter of BIPEP, and remains a shareholder, according to the accounts. He resigned as a director of BIPEP about 18 months ago, however, as he focused on his founding role in ill-fated political party Renua.
Brendan Investments was launched by Mr Hobbs and his co-founders in the dying days of the last boom, in 2007. He led a publicity drive for the fund, which at the time offered members of the public the opportunity to invest a minimum of €5,000.


has Eddie lost his golden touch?


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Mon Oct 31, 2016 10:44 pm 
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slasher wrote:
http://www.irishtimes.com/business/commercial-property/company-linked-to-eddie-hobbs-hit-by-us-water-contamination-costs-1.2849732

Quote:
Company linked to Eddie Hobbs hit by US water contamination costs
Brendan Investments investors hit with costs of €450,000 over Michigan lead water crisis

Following the last financial crisis, Brendan Investments was one of the biggest buyers of seized an abandoned properties in the environs of the US city of Detroit. Flint is a nearby city that has experienced a major public health issue with contamination of its drinking water.
Accounts for 2014 filed by BIPEP this month show the company estimated the bill for “remediation works . . . concerning lead-based paint on all occupied homes” on the orders of local authorities.
Write-downs
The accounts show the company made a loss before tax over the year of €2.4 million, mostly due to write-downs in the value of its assets. The operating loss was about €2 million.
Net income almost doubled from €4.7 million to €9.2 million, although this was mostly down to cash raised from selling off much of its property portfolio. The accounts show it held €4.6 million of assets at the end of 2014, with total net assets for the company of €5.56 million.
A management company linked to some of the directors of BIPEP charged the group €183,000 for services over the year.
Mr Hobbs was a founder and promoter of BIPEP, and remains a shareholder, according to the accounts. He resigned as a director of BIPEP about 18 months ago, however, as he focused on his founding role in ill-fated political party Renua.
Brendan Investments was launched by Mr Hobbs and his co-founders in the dying days of the last boom, in 2007. He led a publicity drive for the fund, which at the time offered members of the public the opportunity to invest a minimum of €5,000.


has Eddie lost his golden touch?


Did he ever actually have a golden touch?


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Tue Nov 01, 2016 10:06 pm 
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el diablo wrote:
slasher wrote:
http://www.irishtimes.com/business/commercial-property/company-linked-to-eddie-hobbs-hit-by-us-water-contamination-costs-1.2849732

Quote:
Company linked to Eddie Hobbs hit by US water contamination costs
Brendan Investments investors hit with costs of €450,000 over Michigan lead water crisis

Following the last financial crisis, Brendan Investments was one of the biggest buyers of seized an abandoned properties in the environs of the US city of Detroit. Flint is a nearby city that has experienced a major public health issue with contamination of its drinking water.
Accounts for 2014 filed by BIPEP this month show the company estimated the bill for “remediation works . . . concerning lead-based paint on all occupied homes” on the orders of local authorities.
Write-downs
The accounts show the company made a loss before tax over the year of €2.4 million, mostly due to write-downs in the value of its assets. The operating loss was about €2 million.
Net income almost doubled from €4.7 million to €9.2 million, although this was mostly down to cash raised from selling off much of its property portfolio. The accounts show it held €4.6 million of assets at the end of 2014, with total net assets for the company of €5.56 million.
A management company linked to some of the directors of BIPEP charged the group €183,000 for services over the year.
Mr Hobbs was a founder and promoter of BIPEP, and remains a shareholder, according to the accounts. He resigned as a director of BIPEP about 18 months ago, however, as he focused on his founding role in ill-fated political party Renua.
Brendan Investments was launched by Mr Hobbs and his co-founders in the dying days of the last boom, in 2007. He led a publicity drive for the fund, which at the time offered members of the public the opportunity to invest a minimum of €5,000.


has Eddie lost his golden touch?


Did he ever actually have a golden touch?


More like the touch of death but he ain't no Mr. Goldfinger.


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Wed Nov 02, 2016 6:29 am 
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forgot the sarcasm smiley...

(at least he's getting a cut of the management fees)


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Wed Nov 02, 2016 6:49 am 
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el diablo wrote:
slasher wrote:
http://www.irishtimes.com/business/commercial-property/company-linked-to-eddie-hobbs-hit-by-us-water-contamination-costs-1.2849732

Quote:
Company linked to Eddie Hobbs hit by US water contamination costs
Brendan Investments investors hit with costs of €450,000 over Michigan lead water crisis

Following the last financial crisis, Brendan Investments was one of the biggest buyers of seized an abandoned properties in the environs of the US city of Detroit. Flint is a nearby city that has experienced a major public health issue with contamination of its drinking water.
Accounts for 2014 filed by BIPEP this month show the company estimated the bill for “remediation works . . . concerning lead-based paint on all occupied homes” on the orders of local authorities.
Write-downs
The accounts show the company made a loss before tax over the year of €2.4 million, mostly due to write-downs in the value of its assets. The operating loss was about €2 million.
Net income almost doubled from €4.7 million to €9.2 million, although this was mostly down to cash raised from selling off much of its property portfolio. The accounts show it held €4.6 million of assets at the end of 2014, with total net assets for the company of €5.56 million.
A management company linked to some of the directors of BIPEP charged the group €183,000 for services over the year.
Mr Hobbs was a founder and promoter of BIPEP, and remains a shareholder, according to the accounts. He resigned as a director of BIPEP about 18 months ago, however, as he focused on his founding role in ill-fated political party Renua.
Brendan Investments was launched by Mr Hobbs and his co-founders in the dying days of the last boom, in 2007. He led a publicity drive for the fund, which at the time offered members of the public the opportunity to invest a minimum of €5,000.


has Eddie lost his golden touch?


Did he ever actually have a golden touch?


There was a boom on. Lots of people believed they had the touch. And thanks to NAMA, some of them still do.


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Wed Nov 02, 2016 10:14 am 
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Inis Man wrote:
el diablo wrote:
Did he ever actually have a golden touch?


There was a boom on. Lots of people believed they had the touch. And thanks to NAMA, some of them still do.


+1. I remember someone describing Meg Whitman's eBay success succinctly: "She found a parade and marched in front of it."

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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Thu Dec 01, 2016 5:34 pm 
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Hobbs's fund loses 90% of investors' money

http://www.irishtimes.com/business/fina ... -1.2889232

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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Thu Dec 01, 2016 5:37 pm 
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One thing not to do with your SSIA: Brendan Investments


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 Post subject: Re: Eddie Hobbs Property Fund ( Brendan Investments)
PostPosted: Thu Dec 01, 2016 5:38 pm 
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Mantissa wrote:
Inis Man wrote:
el diablo wrote:
Did he ever actually have a golden touch?


There was a boom on. Lots of people believed they had the touch. And thanks to NAMA, some of them still do.


+1. I remember someone describing Meg Whitman's eBay success succinctly: "She found a parade and marched in front of it."

If you can see the bandwagon passing you're too late.

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