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They previously ran a successful business in the fashionable tourist resort of Sylt in northern Germany selling Irish textiles to German holidaymakers. "The banks absolutely ruined us. We brought millions of deutschmark to this country over 23 years and we invested everything we had -- and they threw us on the road," he said.
Originally posted by benrl
reply to post by Asktheanimals
exactly, my fathers the example of an upper middle class earner who is now functionally poor, hes waiting on the supposed "aid" programs from BOA to lower his rate, the funny thing is they where dicking him around until I got on the phone, told them I was his grown son who owns a house and would take him in in a heart beat and that I was advising him to bail on everything.
All of a sudden they wanted to talk to him about modification, where as before they where content to bleed him dry and leave him hanging.
The banks are the real criminals both here in the US and in Ireland. By leveraging everything and going for broke in the derivatives market they have ruined the value of our homes and our money.