She is just a fooking liar. It is clear as the link I posted shows allows the company to remain open. Examples Chrysler,GM,Kmart and many others,and none of them closed down and are still operating today. FOOK Gibson,Perry,and all of them The truth is not in them
They will write a loan off so that it can be removed from the balance sheet,which means it will only be counted against that year's bottom line However they sell loans at reduced rate ,bearing in mind that with the amount of interest collected has probably exceeded the principle borrowed. After paying a mortgage for about ten years the interest you would have is usually higher than the amount borrowed, so selling off those loans at pennies on the dollar doesn't necessarily mean the bank is losing money.
We have people who can do the work,but gennerally if you are connected to certain people or party,or prepared to pay a bribe you will noy get the contract.I can assure you that there is very little work that needs to be done in our country that Bahamians cant do.
Mayonaisse Gibson will say anything to deflect that the hotel is not open and no prospect for opening anythime soon. Chapter 11 would gave allowed the hotel to remain open while the debt is restructured. Another red herring. This is the kind of fookery that the bitch feeds gullible Bahamians This rifgt here http://www.investopedia.com/terms/c/cha…
Not an accountant but the loans were sold so it will be a profit. It cant be listed as a loss . although the loans were non performing,by removing them from the books,any money made after that will be considered profits
This is fooking crazy,another give away of our taxes. We are truly a welfare state. Those people have or should have insurance for this type of event Now what they aught to be doing is putting a class action together against,the owner operator of the dump site,in order to recover their damages.
You can't fine someone based on the size of their wallet,the gov sets minimum and maximum fines and the appeals court routinely reduces excessive fines
there you go again birdie. Get it through your thick plp skull this is not about race it's about a criminal disobeying a court order. I typed this slow that you can understand
realfreethinker says...
She is just a fooking liar. It is clear as the link I posted shows allows the company to remain open. Examples Chrysler,GM,Kmart and many others,and none of them closed down and are still operating today. FOOK Gibson,Perry,and all of them The truth is not in them
On AG: ‘Highly unlikely’ Baha Mar open now through Chapter 11
Posted 8 March 2017, 4:49 p.m. Suggest removal
realfreethinker says...
They will write a loan off so that it can be removed from the balance sheet,which means it will only be counted against that year's bottom line However they sell loans at reduced rate ,bearing in mind that with the amount of interest collected has probably exceeded the principle borrowed. After paying a mortgage for about ten years the interest you would have is usually higher than the amount borrowed, so selling off those loans at pennies on the dollar doesn't necessarily mean the bank is losing money.
On Scotia profits up 266% through ‘bad loan’ sale
Posted 8 March 2017, 4:42 p.m. Suggest removal
realfreethinker says...
We have people who can do the work,but gennerally if you are connected to certain people or party,or prepared to pay a bribe you will noy get the contract.I can assure you that there is very little work that needs to be done in our country that Bahamians cant do.
On EDITORIAL: Dump fires are too dangerous to trust to foreigners
Posted 8 March 2017, 4:35 p.m. Suggest removal
realfreethinker says...
Mayonaisse Gibson will say anything to deflect that the hotel is not open and no prospect for opening anythime soon. Chapter 11 would gave allowed the hotel to remain open while the debt is restructured. Another red herring. This is the kind of fookery that the bitch feeds gullible Bahamians This rifgt here http://www.investopedia.com/terms/c/cha…
On AG: ‘Highly unlikely’ Baha Mar open now through Chapter 11
Posted 8 March 2017, 4:30 p.m. Suggest removal
realfreethinker says...
Not an accountant but the loans were sold so it will be a profit. It cant be listed as a loss . although the loans were non performing,by removing them from the books,any money made after that will be considered profits
On Scotia profits up 266% through ‘bad loan’ sale
Posted 8 March 2017, 4:24 p.m. Suggest removal
realfreethinker says...
This is fooking crazy,another give away of our taxes. We are truly a welfare state. Those people have or should have insurance for this type of event Now what they aught to be doing is putting a class action together against,the owner operator of the dump site,in order to recover their damages.
On Financial aid is considered for residents hit by blaze
Posted 8 March 2017, 8:41 a.m. Suggest removal
realfreethinker says...
Man we are so screwed. It is going to take a generation to extricate us from the shit this plp government has us in WE are fooked,pun intended.
On Foreign creditor outrage on 2% Baha Mar offers
Posted 8 March 2017, 8:25 a.m. Suggest removal
realfreethinker says...
unfortunately we don't so the judge had to be guided by law
On Peter Nygard guilty of contempt and fined $50,000 in illegal dredging case
Posted 7 March 2017, 4:34 p.m. Suggest removal
realfreethinker says...
You can't fine someone based on the size of their wallet,the gov sets minimum and maximum fines and the appeals court routinely reduces excessive fines
On Peter Nygard guilty of contempt and fined $50,000 in illegal dredging case
Posted 7 March 2017, 4:17 p.m. Suggest removal
realfreethinker says...
there you go again birdie. Get it through your thick plp skull this is not about race it's about a criminal disobeying a court order. I typed this slow that you can understand
On Peter Nygard guilty of contempt and fined $50,000 in illegal dredging case
Posted 7 March 2017, 3:57 p.m. Suggest removal