You know your bank is working for you..

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Crystal
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You know your bank is working for you..

Postby Crystal » Thu Dec 17, 2009 7:11 am

http://www.bloodhorse.com/horse-racing/ ... 34-million


I love Fifth Third.. and when I go in there tomorrow to cash my meager check I am going to give my rep hell over the 34 mill this guy owes and see if this is the big to-do at the bank.
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ASB
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Postby ASB » Thu Dec 17, 2009 8:08 am

I've seen a few of his horses for sale privately lately. Guess he's trying to cut stable expenses and make some cash, although the prices on them weren't very high.
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ireneinwa
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Postby ireneinwa » Thu Dec 17, 2009 10:39 am

Bank must not know a horse is only worth what someone will pay :lol:
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majxmom
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Postby majxmom » Thu Dec 17, 2009 12:51 pm

When a bank goes so far as to sue a major customer like that, you know they have already done everything they can to get him to talk to them. What a crock when they say it was a total surprise. That bank would call them once an hour before it went to a suit. Deadbeat alert!

I must say it is stunning to see the big boys run out of cash like this. First Dubai, and now the other millionaires. They must really have been running on margin all along. All hat, no cattle.
"When I am on my deathbed, I imagine I will say, 'Thank God I did that'" - Arthur Hancock, on buying back Gato del Sol from Europe after Exceller was killed in a slaughterhouse in Sweden.
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bdw0617
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Postby bdw0617 » Fri Dec 18, 2009 11:14 pm

that is one reason I do have alot of respect for coolmore. say what you want about them.. they operate in the black.
"When the solution is simple, God is answering.”
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ireneinwa
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Postby ireneinwa » Fri Dec 18, 2009 11:25 pm

Majxmom,

LOL.... Love it,
All Hat No Cattle
That's great!
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majxmom
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Postby majxmom » Sat Dec 19, 2009 11:47 am

One of my favorite expressions from a Texan friend of mine! :lol:
"When I am on my deathbed, I imagine I will say, 'Thank God I did that'" - Arthur Hancock, on buying back Gato del Sol from Europe after Exceller was killed in a slaughterhouse in Sweden.
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reenci
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Postby reenci » Sat Dec 19, 2009 4:07 pm

majxmom wrote:When a bank goes so far as to sue a major customer like that, you know they have already done everything they can to get him to talk to them. What a crock when they say it was a total surprise. That bank would call them once an hour before it went to a suit. Deadbeat alert!

I must say it is stunning to see the big boys run out of cash like this. First Dubai, and now the other millionaires. They must really have been running on margin all along. All hat, no cattle.


this economic down turn is turning into a world wide depression.....the sooner we all realize this the better for us all......the top players in the TB game have always been ...in my thinking ...a bunch of rob peter to pay pauls.........
A great man cannot help himself," "He can see things that other men cannot see themselves, and his greatness lies in doing whatever is necessary to make his vision real
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bdw0617
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Postby bdw0617 » Sat Dec 19, 2009 4:50 pm

well with any business you have the 80 - 20 rule, meaning 80% of your business comes from 20% of your customers.

Zayat is one of those 20% customers.

And those are the first ones they will go after.

I can tell you, I have a BOA Credit Card and a pretty nice (low 700's) credit score, and I called just to change my address on my account and I got my credit limit lowered. apparantly BOA is slashing everyone's credit limits, for no reason whatsoever other than they are cutting risk.

My mom also has a low 800 credit score and a business account and they lowered her business platnium card limit by 80%. Basically don't call BOA lol

it's hitting everyone.
Last edited by bdw0617 on Sat Dec 19, 2009 8:03 pm, edited 1 time in total.
"When the solution is simple, God is answering.”

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siegy
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hold on:

Postby siegy » Sat Dec 19, 2009 5:55 pm

bdw0617 wrote:well with any business you have the 80 - 20 rule, meaning 80% of your business comes from 20% of your customers.

Zayat is one of those 20% customers.

And those are the first ones they will go after.

I can tell you, I have a BOA Credit Card and a pretty nice (low 700's) credit score, and I called just to change my address on my account and I got my credit limit lowered. apparantly BOA is slashing everyone's credit limits, for no reason whatsoever other than they are cutting risk.

it's hitting everyone.


Happy New Year,

Song is coming back..........impact...........0.346,

Siegy, :wink:
Flora is beginning of biology, chemistry is master.
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