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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Wed Sep 27, 2017 2:56 pm 
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Under CAB Investigation

Joined: Dec 2, 2013
Posts: 2311
What this tells me is that AIB is a very sick rudderless organisation. I know they've packaged off older staff and replaced them with younger cheaper ones. But that no one in the top 50 managers had the sense to say
'listen I know this Hall guy is very loud and certain of himself but why are we giving the time of day to this casino creep ? Isn't this our job to collect debts ?'

AIB reminds me of a cat burying it's poo. They have all these ads that they're "backing brave". They love thinking about future brave. Past failures are just beyond their powers of problem solving.


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Wed Sep 27, 2017 3:29 pm 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 5501
Location: SthDub
GameBlame wrote:
What this tells me is that AIB is a very sick rudderless organisation. I know they've packaged off older staff and replaced them with younger cheaper ones. But that no one in the top 50 managers had the sense to say
'listen I know this Hall guy is very loud and certain of himself but why are we giving the time of day to this casino creep ? Isn't this our job to collect debts ?'

AIB is FG's plaything right now. No matter what Mgmt think, they're following orders here.


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Sep 28, 2017 5:23 am 
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Under CAB Investigation

Joined: May 12, 2012
Posts: 1882
As It's set up I think the mortgage to rent scheme is pretty sensible.

The issue is that previous iterations had very low take up, in part because so few ppl in arrears met the criteria.

That is still likely to be the case. Especially with a quarter of a million jobs created in the last 5 years, interest rates falling and house prices up 50%.


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Sep 28, 2017 3:33 pm 
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Under CAB Investigation

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Posts: 1882
I had a listen to Hall on Sean Orourke.

He reckons that a max of 7.5k mortgages across all lenders would be eligible.

That, dear readers, is not even a quarter of PPRs in arrears of two years or more.

So what exactly is going on in the remainder?


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Sep 28, 2017 3:54 pm 
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Of Systemic Importance

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Posts: 5501
Location: SthDub
Skippy 3 wrote:
I had a listen to Hall on Sean Orourke.

He reckons that a max of 7.5k mortgages across all lenders would be eligible.

That, dear readers, is not even a quarter of PPRs in arrears of two years or more.

So what exactly is going on in the remainder?

They're being sold off to Vulture funds as per today's post in the Strategic Defulaters thread based on this IT story?
https://www.irishtimes.com/business/fin ... -1.3236069


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Nov 09, 2017 3:29 pm 
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Posts: 5501
Location: SthDub
‘Home Loan Hero’ David Hall Declares His Intent For The Presidency…
https://www.hotpress.com/features/repor ... 41295.html

He won't run next year if Higgins goes again. But if Higgins declares himself out, then Hall will have to give a lot of thought to running.


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Nov 09, 2017 3:45 pm 
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Property Magnate

Joined: Oct 23, 2011
Posts: 514
Just on Ray Darcy explaining why he would make a great President. :sick:


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Nov 09, 2017 3:57 pm 
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Homeless

Joined: Sep 9, 2017
Posts: 24
The free state will be 100 under the next presidency. And this is a serious option here for our first citizen to represent us. That is the mark of a failed entity as CJ Haughey would say.


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Nov 09, 2017 5:01 pm 
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Too Big to Fail

Joined: Sep 13, 2012
Posts: 4752
Don't see it myself. Nobody votes for a president to get things done. At most people want virtue-signalling from a president.

Micky D has pushed the role right to the limit but he's allowed to get away with it because he's so physically ridiculous.

_________________
"It's easy to confuse what is with what ought to be, especially when what is has worked out in your favour"
Tyrion Lannister


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Thu Nov 09, 2017 6:18 pm 
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Holiday Home Owner

Joined: Aug 30, 2015
Posts: 318
Epicurus wrote:
The free state will be 100 under the next presidency. And this is a serious option here for our first citizen to represent us. That is the mark of a failed entity as CJ Haughey would say.


Anybody can declare a candidacy, that doesn't make the country a "failed entity".

Does Donald Trump as President make the US a "failed entity"?


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 Post subject: Re: Irish Moral Hazard Organisation (IMHO)
PostPosted: Fri Nov 10, 2017 12:02 am 
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Planning Tribunal Attendee

Joined: Apr 15, 2008
Posts: 1033
Hall in the Aras? Puke.

Maybe Casino Hall, as president, would revive Bertie’s plan for a gambling resort in the Phoenix Park


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