The IOM: scheming, deceitful, contemptuous and hypocritical

  • Lucky Jim
  • 13/10/08 31/05/09
  • not a depositor
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Posted: Sun, 28/06/2009 - 19:22

The much respected & internationally well known blogger Richard Murphy of the influencial Tax Research UK has published my letter that first appeared in the Manx Herald:
http://www.taxresearch.org.uk/Blog/2009/06/28/the-iom-scheming-deceitful...
This warning shot across the bows of the IoM will be seen by many people & will be passed on to many more. It has been published in two places on Facebook.

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Disgusting individuals

  • uptight61
  • 14/10/08 n/a (free)
  • a depositor
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  • Tue, 30/06/2009 - 05:33

Scheming, deceitful, contemptuous and hypocritical are nice terms for the individuals who call themselves "governor" or "overseer"on the Isle of Man. They should join a certain Mr. Madoff in the "big house" for the neglect they have shown to depositors - the supposed constituency that they rely on for their daily bread.
Incidentally, I am returning to the UK in a couple of weeks time and would like to make more of a direct impact on the current situation. If any action is planned (and I've seen it talked about on-site eg. demo) please count me in.


Justice US style

  • Wanda
  • 12/10/08 31/08/09
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  • Mon, 29/06/2009 - 19:06

Yes!!! 150 years for Bernie Madoff and the Judge's comment...."Here the message must be sent that Mr Madoff’s crimes were extraordinarily evil and that this kind of manipulation of the system is not just a bloodless crime that takes place on paper, but one instead that takes a staggering toll".

If only the powers that be in the UK had the guts to stand up to the greedy and immoral perpetrators who took our lifesavings.


Bernard Madoff was a private

  • tonycBrisbaneOz
  • 12/10/08 31/05/13
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  • Wed, 01/07/2009 - 12:17

Bernard Madoff was a private citizen

In our case the immoral perpetrator resides in no 11 Downing street and his accomplices (willing or not) occupy powerful positions in the IOMG.

Regards, TonyC


Justice IOM style

  • Anonymous
  • Offline
  • Tue, 30/06/2009 - 03:29

Thanks for "Justice US style". It is timely, because later today (I believe this morning) we will see another example of "Justice IoM style" when the Deputy Deemster in our case hands down his judgment on costs. This, depositors may remember, concerns DAG's application, which was opposed both by the bank and PWC, that Treasury pay the bank's costs incurred by PWC in the failed SoA and also that the Treasury pay DAG's legal costs in the winding up petition, failing which the bank (as joint petitioner in the winding-up) pay the latter.

The real issue in these costs proceedings is whether the IoM Treasury can escape paying for the costs of their enormous folly in the SoA and make the creditors pay them instead. Of course that would be completely unjust, because the SoA was the Treasury's idea and the SoA has already caused depositors to be kept waiting for 8 months longer than was necessary for the DCS and liquidation to begin.


A long shot

  • Wanda
  • 12/10/08 31/08/09
  • a depositor
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  • Mon, 29/06/2009 - 12:30

First and foremost, I have to say how much I appreciate your input and hard work on behalf of us all. You make a fine Captain of the good ship DAG, as you help steer us through some very treacherous waters, full of pirates....... (I know you love analogies and that's my effort at one!).

And now to my long shot (but I've learned from your postings that we should ALL continually look at every avenue open to us). Here goes.....I heard last night that Oliver Stone is presently shooting Wall Street 2 and that it's based on October 2008 and its aftermath. Can you imagine if we could somehow get him interested in our story? From everything I've read these past 8+ months, what happened to our bank was the ripple effect from the greed that was (still is?) rampant amongst the traders on Wall Street.

I know, I live in "cloud cuckoo land" but it sure beats living in the real world, full of robbers and thieves. Speaking of which, Bernie Madoff is going to be sentenced today. Here's hoping the Judge sends a strong message to the world that robbing innocent people of their lifesavings will have serious consequences. It may cause one or two IoM residents some sleepness nights!


@ Wanda -- how very kind of you

  • Lucky Jim
  • 13/10/08 31/05/09
  • not a depositor
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  • Mon, 29/06/2009 - 14:21

Hi wanda,
I went to drop you an e-mail but alas! you are in cognito in that department!
Never mind...... just to say your comments were much appreciated. Someone wrote me yesyerday asking what has happened to my 'Trafalgar' saga!! They keep looking out for it!

Well, the DAG fleet is indeed sailing through some shark-infested waters but so long as we believe our cause is right & just we must sail on believing that victory is possible even though the odds do not appear to be in our favour.

History shows us that often the impossible becomes possible. Dunkirk, the Battle of Britain, Battle of Agincourt (long time ago!), Waterloo, and... yes... Trafalgar itself where the French & Spanish fleet outnumbered & outgunned Nelson's fleet.

It is amazing how a sudden twist or turn of events, something completely unexpected happening, can suddenly change the whole scenario. Right now it is easy to get despondent, to feel "it's hopeless", to give up on the Mission . But I have never given up in the face of life's cruel arrows that strike all of us at one time or another.

I dare say some think I live in 'cloud cuckoo land' but some of the best things that have happened to mankind were conceived in the minds of those who are there !

One day the DAG will have its own film, but in the meantime why not be a part of someone else's? A word with Oliver Stone would not be lost. He might even think it worth considering directing the next film based on our story: 'Wealth Warning'.
Depositors could get back more than what they lost that way!

We sail on to victory.....


lucky jim...

  • hippychickrobbed
  • 03/11/08 31/05/09
  • a depositor
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  • Mon, 29/06/2009 - 17:28

Its great to have someone like you on board, lets keep it up


Reply to Comment

  • Expat13
  • 19/10/08 31/05/09
  • unspecified
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  • Mon, 29/06/2009 - 21:32

Here, Here