SPML/LMC anyone claimed for mis selling and unfair charges?

[Crapstone]

Always ask for the legal receipts for costs..don't just accept a figure given to you. They hate questions and dragging out complaints...so just send off your issues one by one and not all at once. I've dragged it out for 6 years and still going.. They must really hate me but it's tough at the top and it works.

[Crapstone]

Me? Frightened? I don't do drugs...

 

Can't be doing with sillyness on such a serious matter. It's no fun when you face losing your home or some twit in court that thinks they can make judgement in the bat of an eyelid that will ruin a families life.

[enoughisenough]

Thank you Crapstone.

 

Lest anybody forget this is about keeping in situ and having a chance to win this larger battle on favourable terms. The first and most important thing is to avoid a suspended repo. This is a mere prelude to the full horrorshow. It is vital that anybody new seeking advice understands the importance of this if the sharks are circling. Fight a suspended order as you would a full one. It is not a compromise or the fairest solution it superficially seems. Advice on how to do so can be sought here. Equally rely on open posts. That way you get a mix of advice.

[JonCris]

An unusual number of jobs are being advertised in the legal press for lawyers expert in securitization.

 

I may not be linked but there is also an ad for a contracts expert to service clients who want to get out of contracts that are no longer profitable:)

[ryde]

eie

Are you a clockwork orange fan?

Some say,,,,,,,

ITBG listens to the 9th symphony every night,,,,,,bless him.!!

war com'in

Maybe we should all listen to it before going to court?

alex quote:

Ho, Ho, Ho... Well, if it isn't stinking Billygoat Billyboy in poison.( How are thou, thou globby bottle of cheap stinking chip oil?) Come and get one in the yarbles, if you have any yarbles, you eunuch jelly thou.

great film and line.

in brackets, suggested introductory opening line to judge or opposing counsel or better still capstone telephone operative.

Apologies, have to lighten up once in a while.

 

 

.

Edited November 25, 2009 by ryde

[enoughisenough]

Burgess wrote a masterpiece and Kubrick was a genius. So what's there not to like?

 

But my main point remains that the gutless wonders at the FSA are fast becoming, even to this idealistic fool, a complete and utter joke. Not one concession on charges in this new tariff.

 

It's not Capstone's two fingered salute to us it's Capstone's two fingered salute to the FSA, the FOS and the OFT. Maybe Dougal was right and the only thing likely to dent their preening arrogance would be a visit from the constabulary.

 

How many more totally unlawful possessions before the FSA show us their yarbles? A good illustration of talking the talk, but without the accompanying walk. Hector Sants. They don't fear you. They mock you.

Edited November 25, 2009 by enoughisenough
Typos

[enoughisenough]

And speaking of the FSA:

 

"Financial instruments must be valued correctly by traders and a firm's systems and controls must be able to minimise the risk of traders mis-marking their positions," said Margaret Cole, the FSA's enforcement and financial crime director.

 

http://www.nytimes.com/reuters/2009/11/24/business/business-uk-nomura.html

 

Since the FSA is wholly preoccupied with investor victims of Lehmans and has forgot its obligations to the consumer victims perhaps the FSA could now stamp on (sorry give a stern ticking off!) S&P, Fitch and Moodys for the appallingly overrated notes which got everybody into this sorry mess in the first place.

 

You see, the fact is that had the investors known the truth, much like us, they wouldn't have gone within a country mile of Preferred, London, GMAC-RFC and SPPL/SPML's toxic garbage.

[JonCris]

And speaking of the FSA:

 

 

 

http://www.nytimes.com/reuters/2009/11/24/business/business-uk-nomura.html

 

Since the FSA is wholly preoccupied with investor victims of Lehmans and has forgot its obligations to the consumer victims perhaps the FSA could now stamp on (sorry give a stern ticking off!) S&P, Fitch and Moodys for the appallingly overrated notes which got everybody into this sorry mess in the first place.

 

You see, the fact is that had the investors known the truth, much like us, they wouldn't have gone within a country mile of Preferred, London, GMAC-RFC and SPPL/SPML's toxic garbage.

 

Aren't the FBI looking into Moodys & their ilk for this very reason

[enoughisenough]

Originally posted by JonCris

 

Aren't the FBI looking into Moodys & their ilk for this very reason

 

I am very well informed that they are. A nice little cartel. Grubby Lehman's subsidiaries desperate for the most favourable ratings for the notes. Goodness knows how many brown envelopes changed hands and tickets for the big games etc landed in the post. Oops! Will I get cagbotted for this? I think I may well do. :o

[JonCris]

Incidentally 1.7 million is probably 10 minutes trading for Nomura

[JonCris]

Didn't Maddof clients also get caught up in the toxic based derivatives [problem]

[enoughisenough]

Yes (SIGH...)...they've been known to spend that much on a bottle of bubbly!

[enoughisenough]

Banks have Won!!!!???? WTF?

[enoughisenough]

BBC News - Banks win Supreme Court case on overdraft charges

[enoughisenough]

http://www.supremecourt.gov.uk/docs/uksc_2009_0070_ps.pdf

 

This is only the press release. If you click on the full Judgment you get a judgment in another entirely different case.

[enoughisenough]

The full judgment will be posted soon. From there we need a strong legal analysis. Capstone will be now refusing any charges complaint on the basis of this ruling. But I bet refunds will still happen for those who mount a strong case. This sets us back years (initial reaction) But the SC ruling was on very narrow grounds.

[JonCris]

I've read the judgement & I don't think it has gone all to the banks.

 

The ruling aside the banks may have shot themselves in the foot as the government did indicate, as they did in the case of the disgraceful asbestos ruling, that if the OFT lost they would be minded to enact legislation to stop the banks behaving in this way

 

& there's a GE on the horizon so get repeatedly lobbying your MP NOW

[enoughisenough]

Full Judgment:

 

http://www.supremecourt.gov.uk/docs/uksc_2009_0070_judgmentV2.pdf

[JonCris]

Hi EiE lets not go off course I suggest the judgement is mainly relevant to another thread:)

[enoughisenough]

Hi JC. Yes I agree entirely. But you can see Capstone printing off the letters as we speak about 'What this decision means for you...' What this decision means for us...'

 

They will pounce on this. You have my word on that.

 

And we need to be ready to counter their BS.

[on*the*case]

enoughisenough,

 

You did post a link in another thread to the Statutory Instrument 2083 of 1999 Unfair Terms in Consumer Contracts but I cant find it ...

 

However, Schedule 2 part 1 (e) says:

 

(e) requiring any consumer who fails to fulfil his obligation to pay a disproportionately high sum in compensation;

 

So Capstone will ultimately need to prove that their charges are not disproportionate and are fair.

[enoughisenough]

A stark warning to all on this thread

 

Capstone in their various guises will claim that this Judgment means that they have carte blanche to apply whatever charges they feel like applying.

 

They will tell you that the Supreme Court has upheld their right to apply these charges and that these are "...clearly ruled as fair..."

 

THEY ARE NOT, NOR HAS THE SUPREME COURT SAID SO.

 

Please regard this as a bump in the road. Not a derailment. We can still challenge the fairness of Capstone's extortionate rip off charges and if they tell you other wise then all I can say is this:

 

THEY WOULD SAY THAT, WOULDN'T THEY?

 

Keep the faith.

[enoughisenough]

Hi OTC

 

here is the link again. There's also a mass of supporting evidence in relation to mortgage arrears fees which I will continue to post. I will continue to post to allow others to challenge for themselves and bring the pressure to bear.

 

Statutory Instrument 1999 No. 2083

[IAMTHEWHISTLEBLOWER]

You lot have been griping about this lot for years now with no results.Charges have actually gone up so what has the griping achieved overall,sweet fa.

You are not even in the ball game endlessly gassing about the same thing,over and over again ad infinitum.

Capstone and their cronies are all laughing at you.

Lest you forget this lot have been set up by yanks they know this game inside out and have played it for years from every possible angle and without any rules.They play dirty the dollar is god and b.......s to the law and anything else you can throw at em.

The only way your gonna get anywhere with this lot is to use their tactics and fight dirty.

Grass the b.......s up to everyone and anyone that will listen and keep grassing them up instead of whingeing on about em with each other.

Forget all those tw...s in the financial industry theyre all on a drink anyway.

Get the bloody revenue and the press involved you have the evidence.

This lot are busted out and you let em carry on.

DO SOMETHING NOW AND QUICK COS THEYRE COMING TO TAKE AWAY YOUR HOUSE THAT IS THEIR OBJECT SEEN IT ALL HAPPEN BEFORE OVER THE POND.

THIS IS WAR AND ITS NO GOOD HIDING IN THE TRENCHES TO THEM YOU LOT ARE JUST CANNON FODDER.DO SOMETHING NOW.

Edited November 25, 2009 by IAMTHEWHISTLEBLOWER

[I'm the bad guy?]

EiE,

 

Originally posted by ITBG?

 

So with over 80,000 Lehmans mortgages, in a year, PWC could only collect £15m- that because you feckers are allowing the SPVs to collect all the mortgage payments. Criminal Cabal.

 

I meant the 'feckers' were PWC.

 

 

 

 

 

ITBG?