Where's CyberSmug today?

[Cyberman]

CyberHypocrite you are no better than the BNP.

Once minute you are complaining about the human rights act.
Next minute you are trying to use it to support your own interests.

Nothing hypocritical there at all. I just don't see why people that have no allegiance to the UK(ie asylum seekers) have any rights here, and also, if somebody is a convicted murderer, I do not believe they should have the same rights as other citizens.

[sasguru]

Oh dear

Indeed. Next he'll be telling us that his property has actually lost value over the past year

[Cyberman]

... and why would a UK judge find in our favour when it would ruin his chances of a knighthood and entry to the Lords gravy train of 350 quid a day expenses ?
Please do excuse my cynicism.

[bobhope]

I'm surprised nobody posted yet, but

hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahah

[cailin maith]

I'm surprised nobody posted yet, but

hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahah

[tim123]

I've not read the judgement yet as I just heard the news on the radio, but I am not that surprised. After all, judges are very close to HMG.

History does no support that claim one iota. There are dozens of examples of judges ruleing against HMG, and doing so in cases with much bigger implications than this tiddly little tin pot worthless company.

tim

[tim123]

Any company that has funding withdrawn will not be a going concern. This does not give a bank the right for instance to withdraw my mortgage and claim ALL of the equity in my house.

But in this case the bank was up **** street before the funding was given. And the original offer of funding was temporary.

This is not the same as someone asking for money to buy a house, because if the funding is refused, then the house won't be purchased.

There is a break-up value and NRK shareholders are even being denied this, but NRK is clearly not bust and has repaid 14 Billion in loans.

No they are not. The value to be paid is still to be assessed.

This court case was not about the actual assessed value, it was about the right of the government to asses it in a way which doesn't take into account any future value of the company which will be brought about because the government took on the risk of taking it on.

This seems fair, if the government hadn't taking it on you would be holding shares worth absolutely zero now AND have no-one to sue. If you get 20p you will still be 20p better off than the alternative.

tim

[thelace]

Warning - The value of shares may go down as well as up!

You lose!

Now quit carping

[the_duderama]

Warning - The value of shares may go down as well as up!

You lose!

Now quit carping

This.

[Cyberman]

But in this case the bank was up **** street before the funding was given. And the original offer of funding was temporary.

This is not the same as someone asking for money to buy a house, because if the funding is refused, then the house won't be purchased.



No they are not. The value to be paid is still to be assessed.

This court case was not about the actual assessed value, it was about the right of the government to asses it in a way which doesn't take into account any future value of the company which will be brought about because the government took on the risk of taking it on.

This seems fair, if the government hadn't taking it on you would be holding shares worth absolutely zero now AND have no-one to sue. If you get 20p you will still be 20p better off than the alternative.

tim

So if HMG refloat the Rock at 5 quid a share in the future and makes a massive profit on their theft, that is fair on pensioners etc that have invested in good faith over the years ?
Pull the other one. No wonder people are not investing in pensions and shares nowadays. A socialist HMG reaps what it sows and if people do not have pensions they will be more reliant on the state and will not pay taxes. They become net takers, and HMG deserve it, but all other taxpayers end up paying for them too.
That is very short-sighted policy, but does not surprise me at all.