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From riches to .............
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He can put his name on the Council House waiting list now like everyone else. Even failed investment bankers can apply.Krusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
$1.7M NZD equates to approximately £647,550 sterling.
A collosal amount that could have earnt about £38K per year or more in interest.
If I ever catch myself feeling sorry for some rich sod who felt that he still needed a bit more money, then I think the time is right to shoot myself.
Get a proper job mate.0 -
$1.7M NZD equates to approximately £647,550 sterling.
A collosal amount that could have earnt about £38K per year or more in interest.
If I ever catch myself feeling sorry for some rich sod who felt that he still needed a bit more money, then I think the time is right to shoot myself.
Get a proper job mate.
A proper job? Such as?
And actually, £647,000 isn't a huge amount of money these days.0 -
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pickledpink wrote: »A proper job? Such as?
And actually, £647,000 isn't a huge amount of money these days.
well if its not a huge amount of money why is he not satisfied to just write it off.
:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
pickledpink wrote: »A proper job? Such as?
And actually, £647,000 isn't a huge amount of money these days.
Only because in the UK people are deluded by house prices. Most people would take 30 years or more to pay off that sort of money, in fact some couldn't as they earn less than the interest on that some.
To be honest, this banker guy got what he deserved. A lot of the wealth in banking hasn't really been earned, its just been a case of buying and selling increasingly leveraged assets. There was not skill in making money, the only skill needed was to sell up at the right time. This guy obviously got out of the industry at the right moment, but clearly he still believed in its ways and it has come back to bite him.
He was a banker. Should have known better.:rotfl::rotfl:0 -
$1.7M NZD equates to approximately £647,550 sterling.
A collosal amount that could have earnt about £38K per year or more in interest.
If I ever catch myself feeling sorry for some rich sod who felt that he still needed a bit more money, then I think the time is right to shoot myself.
Get a proper job mate.
But from what I gathered they had to invest in a scheme like this (or something similar) to be granted residency in NZ in the first place.
It's not like they were doing it out of pure greed, it was out of wanting to start a new life in New Zealand.
An investment like this would be the only way in if you don't score enough points through the normal application system.0 -
He could have retrained as a very rich plumber
That would mean getting his hands dirty :rolleyes: well you win some you lose some surely he must of thought of the worse case scenarios if it went wrong before hand :j Where there is a will there is a way - there is a way and I will find it :j0 -
But from what I gathered they had to invest in a scheme like this (or something similar) to be granted residency in NZ in the first place.
It could be an investment in any large NZ firm, though, from what I understand. Didn't have to be dodgy property ramping....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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