BBC Report alludes to Derbyshire Concealing

  • Relentless Posse
  • 14/10/08 31/05/09
  • unspecified
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Posted: Sat, 25/10/2008 - 18:42

I was listening to analysis on the BBC and an interesting comment was made.

Around the world complex financial packages were bundled up and made attractive for buyers. This selling started in first quarter of 2007 then accelerated into 2008.Using this argument it would appear one of these financial bundles was Royal Derbyshire IOm Products.

It was sold on to Kaupthing bank as an attractive investment.It would now appear that this was a con. (just like selling a car that originally was in car a accident not un unsuspecting buyer)

Lawyers are now mobilising themselves against such sellers in the corporate world.

Royal Derbyshire sold on an entity that was supposedly healthy.

so
-Why sell a heaththy asset?

-Why would they do this?

-Why would they sell an entity that they have had possession of for so long?

-Why sell when subprime mortgage news was just coming out of America ?

Lets hope Royal Derbyshire Isle of Man face tough questioning.

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KSFIOM-Derbyshire Shenanigans

  • VikingRaider
  • 10/10/08 31/05/09
  • unspecified
  • Offline
  • Sat, 28/09/2019 - 19:52

Any recent news on this nugget?


Royal ? Derbyshire

  • anrigaut
  • 19/10/08 30/10/09
  • a depositor
  • Offline
  • Sat, 25/10/2008 - 20:49

Since when did the Derbyshire become ROYAL? My account was with "Derbyshire Offshore".