Longford Leader columnist, Mattie Fox
Paschal Donohoe is probably a very decent man, with
I fear Paschal, like many in government and particularly the cabinet, is much too rich, independent, and
Only those who have been affected by the tracker mortgages
The banks practise very psychological tricks....early calls in the morning, notes to advise the customer of the state of their finances, calling customers to meetings......the list is long and very inventive.
I doubt very much if anyone in banking land is exactly fearful.
As I write this, many banks are discussing their
One banking man (not local) told me he feels very bad for customers, but he, like others who are placed down the food chain, are afraid to speak out. Silence is
I recall once having a meeting in The Ulster Bank Building on the Quays, where we had lunch. It was a very civil meeting and had nothing to do with any funding issue, but one can see first hand how the banks deal with certain customers who might increase their income.
Lunch was, let’s say, quite lavish.
As the saying goes, “no expense spared”.
Anyway, I wonder what will happen if banks decide to charge the customers the cost of the payout?
By levying extra charges, the banks will recoup the cost of the cheating quite easily. Will Paschal stop that happening?
And what’s going to be done with those families (plural) who suffered suicide because of the
Are these people going to be allowed walk free?
No bank must be allowed recoup the cost of their overcharging, back to customers.
Nor should banks be allowed delay their payments. They’ve only repeated what we all knew when speaking to Paschal.
The Ulster Bank had already indicated that it wouldn’t be “able” to start dealing with tracker mortgages until
Paschal came out of his meeting repeating what we already knew.
What he didn’t say, was that many banks are still obstructing, and openly reluctant, to pay anything to those removed from tracker mortgages.
Sheepish, cautious, in awe of the bankers, and meek beyond belief.
These are the people who are supposed to watch the banking system.
If this is watching, then they should all be sacked immediately.