You've gotta hand it to Karl Deeter at Irish Mortgage Brokers: a truly remarkable website (including a virtual version of himself, "avatar", talking visitors through the site), and a blog that redefines the phrase "sticking your neck out" in the Irish business world. Consider saying anything like the following on your company website ...
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Now Ulster bank have come out and said that they are halving commissions.... The broker is now in a predicament, don’t put business with Ulster bank or do so and charge a fee? the fee will be burdened on the consumer. in the past we never did this because the commission levels didn’t require it to cover costs. And we often used the commission to make the deal better for the consumer, something the banks NEVER do...
Permanent TSB are also ’suddenly’ talking about reducing commissions, this kind of move (within 48 hours of each other) after decades of a status quo rings to me of a cartel move. I sincerely doubt that it is happening by miraculous design.
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I have to say ‘hats off’ to Mr. Lynn though… I mean, how the hell did he pull that off? My first suspicion is that part of the way he did it was bank greed, I know what most people have to go through in order to secure finance, there is no way of lying your way through it, however, some people are ’special’ clients, and I don’t mean they catch a short bus.
Thomas Byrne is another one, but he only robbed €30 million… bless…. Thomas Byrne didn’t do a runner, but why isn’t he in jail? I know a man (we’ll call him Bertie for the sake of this article) and he’s a good for nothing thief, a liar and a cheat - this is not our taoiseach by the way, its a ‘fictional’ character - and Bertie decided to make a withdrawal from his local bank, he did this while wearing a balaclava and carrying a twelve guage shotgun.
He is now serving a twenty year stretch in Mountjoy Prison and all he got away with was two grand, actually he didn’t get away with much as he was caught, and never got to spend any of it. If you divide the two grand out by twenty years it works out at one hundred a year, so crime doesn’t pay, if it’s not white collar that is.
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Anyways, Saudi’s are also doing their utmost to supress freedom of speech and reform, they recently jailed a blogger named Fouad Al-Farhan because he stated on the internet that he wanted to see political reform (oh the cheek of him!), its a good enough reason to go to war with the Iraqiis but apparently all it does for the Saudi’s is sponsor a state visit with open arms. Actually Iraq got a state sponsored visit too but theirs was from the US Marine Corp. Big difference…
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the public didn’t complain about the government bailouts, the lack of transparency in some banking procedures which helped bring this about, the golden handshakes to CEO’s behind them and the possible creation of a recession.
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When the government raised the bar for stamp duty to €317,500 house prices took a jump and suddenly every house was valued at €317,500. This meant that a huge amount of stamp never entered government coffers and many people blamed estate agents. Rightly so, it was a disgrace but it happened and now we can’t reverse time.
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