Friday, Mar 28, 2008
John Charcol about to go bust ?
Guardian: Auditor warns John Charcol's future as going concern is in doubt
"The country's best known mortgage broker, John Charcol, has been warned by its auditor that
it faces a "material uncertainty" about its ability to keep operating "
Posted by doomwatch @ 10:22 AM (771 views) Add Comment
12 Comments
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1. Letthemfall said...
"The business is very strong," Kennedy said. The Financial Services Authority, which regulates mortgage brokers, had no concerns about the business after conducting a visit in October which "went extremely well".
Sounds like they're really in trouble then.
2. mark said...
if it does, expect the BOE to react with 1% interest rates
3. Is It Me ? said...
and this is based on the results from 2006; wonder what happened in 2007 ?
4. jack c said...
If it does expect Ray Boulger to land a job as the Governments mortgage adviser/expert on £90K per week like Ron Sandler at Northern Rock
5. Orwell said...
Amazing!
Live by debt die by debt are my reflections...
6. wage slave said...
I do hope it does go bust.
Ray Boulger's always being pimped by BBC's 5 Live as some sort of Mortgage guru so it would be a load warning to the plebs that the experts were never in control - the experts that they beleived and followed like lambs to the slaughter.
7. Yt1 said...
We would be better served listening to the likes of Ray Bolger (the Straw Man in the Wizard of Oz) than Ray Boulger ( for whom the Great Wizard will not be able to provide a brain, a heart or even courage).
8. montesquieu said...
Fascinating these numpties couldn't even make money when the going was easy.
Get this too:
Ian Kennedy, chief executive of the broker [...] said: "We're not in trouble at all."
Comedy worthy of Mr Arsetz himself.
9. montesquieu said...
Fascinating these numpties couldn't even make money when the going was easy.
Get this too:
Ian Kennedy, chief executive of the broker [...] said: "We're not in trouble at all."
Comedy worthy of Mr Arsetz himself.
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