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#1: NeoconsNailed    To: Anthem (#0)

Summarize it for us, would you please? Link just goes to their Rothschild articles generally. Story looks complicated.

NeoconsNailed posted on 2020-03-19 19:20:58   Reply   Private Reply

#2: Horse    To: NeoconsNailed (#1)

EXCLUSIVE: British expats to win back ‘€9 MILLION’ from Rothschild Bank’s ‘dodgy’ equity release scheme across Spain’s Costa del...

Laurence Dollimore (Digital Editor) - 9 Mar, 2020 @ 10:32 ROTHSCHILD bank may be forced to pay back €9 MILLION to British expats over its infamous ‘dodgy’ equity release scheme, a leading lawyer has...

The London-based lender may be forced to cough up the enormous sum after ‘wrongly taking’ the money from hundreds of victims around Spain.

It comes after a Malaga legal firm scored a landmark victory against N.M Rothschild & Sons Limited at a court case in Torremolinos.

As reported on our front page last issue, Brits Barry and Marion Joyce have been awarded €15,000 by the court and had a mortgage on their villa in Benalmadena cancelled.

The couple, now in their 70s, are able to keep their home, which was set to be repossessed, after the judge’s surprise ruling.

Horse posted on 2020-03-19 20:45:25   Reply   Private Reply

#3: Anthem    To: NeoconsNailed (#1)

The articles are all really short. You can start back at the beginning in '14 and read through the chronology in less that 10 minutes.

Anthem posted on 2020-03-19 21:44:58   Reply   Private Reply

#4: Lod    To: Horse (#2)

9M is chump-change for who knows how many Ms were lost.

Lod posted on 2020-03-19 22:04:38   Reply   Private Reply

#5: NeoconsNailed    To: Anthem (#3)

I always appreciate it when somebody summarizes a post on new, novel stuff however briefly, and always try to do so. 'Division of labor' ;)

NeoconsNailed posted on 2020-03-19 23:45:58   Reply   Private Reply

#6: Anthem    To: NeoconsNailed (#5)

'Division of labor' ;)

Yep. I post it, you read it (or not). ;)

Anthem posted on 2020-03-20 00:04:36   Reply   Private Reply

#7: NeoconsNailed    To: Anthem (#6)

You're right -- it's better if everybody's forced to take the same 10 minutes to get the gist ;)

NeoconsNailed posted on 2020-03-20 01:09:01   Reply   Private Reply

#8: BTP Holdings    To: Lod (#4)

9M is chump-change for who knows how many Ms were lost.

I had an old VCR and the boss's son was interested in taking it off my hands. He took it and then brought it back telling me his wife told him, "No more electronics since they were buying a house."

I told him, "The bank is not loaning you any money because it is created out of thing air by the Fractional Reserve system of lending."

As the "loan" is paid off, the money is extinguished.

The VCR was already at the workshop to be sent off to recycle electronics. ;)

BTP Holdings posted on 2020-03-20 02:36:40   Reply   Private Reply