61–70 of 243 posts
I'm surprised that the article isn't answering the obvious question and that nobody here is asking it either: Did he have to pay back the 2 million?
Well he can't have paid the 2 million back as he has no money. I imagine he'll declare bankruptcy.
I'm surprised that the article isn't answering the obvious question and that nobody here is asking it either: Did he have to pay back the 2 million?
I am actually wondering how this article is so blog like and still made it onto bbc and makes you think it has some journalistic thought given to writing style and content
> I was just unlucky I guess that it happened to me. People like this who have no sense of personal responsibility are an evil in the world. He spends millions of dollars of other people's money, declares bankruptcy (presumably), and when his actions are deemed dishonest and immoral, though not technically illegal, he acts like that's just name-calling and gets right back up on his high horse. Remind you of any Presi…
> I was just unlucky I guess that it happened to me. People like this who have no sense of personal responsibility are an evil in the world. He spends millions of dollars of other people's money, declares bankruptcy (presumably), and when his actions are deemed dishonest and immoral, though not technically illegal, he acts like that's just name-calling and gets right back up on his high horse. Remind you of any Presi…
The bank was clearly in the wrong as well. They shouldn't have extended this credit, and once they did they shouldn't have tried to prosecute him when he didn't break the law. But acting like the negative consequences of it were bad luck makes this fellow a profound dickhead. I hope he learns better before he completes his law degree and starts representing people.
Earlier quoted context omitted.
If you borrow $2k from the bank and can't pay it back, that's your problem. If you borrow $2 million from the bank and can't pay it back, that's the bank's problem.
I've heard that phrase before but with a few extra 0s. $2m isn't really that much for a bank these days. Besides they probably were able to get a fair amount of that back in the stuff the police took.
> I was just unlucky I guess that it happened to me. People like this who have no sense of personal responsibility are an evil in the world. He spends millions of dollars of other people's money, declares bankruptcy (presumably), and when his actions are deemed dishonest and immoral, though not technically illegal, he acts like that's just name-calling and gets right back up on his high horse. Remind you of any Presi…
I hate the financial industry too, but this guy knew 100% what he was doing was wrong morally, and didn't plan on paying that money back. His hardships from his actions are 100% his fault, even though I agree that he is not technically guilty of a crime. I am glad he isn't in jail, but he put himself there.
Earlier quoted context omitted.
I'd buy some gold bars, hide them and say I spent it on strippers and drugs. It's not like you'd keep receipts for that.
That would have crossed the line from being just immoral to being illegal. Not buying the gold bars, but failing to disclose & surrender them during court proceedings.
Listening to it on the radio, the guy just seemed so apathetic. That it seemed almost like a Satire skit. He bought several expensive cars, spent time in Thailand, and started buying celebrity memorabilia and art? I wonder if people like this get caught because of their blatant disregard for consequences. And that there's lots of people who fall into similar mistakes/loop holes but are just very reserved and try to f…
> He bought several expensive cars, spent time in Thailand, and started buying celebrity memorabilia and art? Why not? He had a nice experience, and even avoided any long term jail sentence. What's not to like?
> I was just unlucky I guess that it happened to me. People like this who have no sense of personal responsibility are an evil in the world. He spends millions of dollars of other people's money, declares bankruptcy (presumably), and when his actions are deemed dishonest and immoral, though not technically illegal, he acts like that's just name-calling and gets right back up on his high horse. Remind you of any Presi…
A loan is a two party relationship and both parties have responsibilities. Also there are known consequences to default. Defaulting on a loan has nothin to do with morality as far as I'm concerned. If you are fine with the consequences of default then do so. It's not immoral as everyone knows the risk/consequences.