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Post by eastville1966 on Aug 6, 2019 8:48:19 GMT
Whilst on the subject of fruit the attached public information video will be useful. You never know when you are going to be attacked by a Sh1thead wielding a banana (or other fruit-based produce).
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Post by Deleted on Aug 6, 2019 8:51:07 GMT
Having worked on delivery of IT outsource contracts all my life including for both those customers, I would not be too proud of the level of Due Diligence done on a typical IT Outsourcing. We must have worked for the same company ! I've worked it out Mr Moss ! |
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Post by Deleted on Aug 6, 2019 8:53:45 GMT
Wasn't that because Lloyds were basically told by the government to buy them? Ah bit more interesting than that,if you recall there were big acquisitions happening all over the place and Lloyds were itching to join the party,when Alistair Darling offered it for nothing to Lloyds they didn't draw the conclusion it was to good to be true and it was,too many egos in play. Only my view of the events. Didn't RBS buy ING on a whim, to scupper Barclay's who were going to buy ING. RBS concluded that Barclay's had completed DD, so the deal must have been ok. RBS then spent 4 billion on a pile of rubbish? Rumour has it that the RBS DD on ING comprised of a single A4 sheet of paper ! |
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Post by pucklegas on Aug 6, 2019 8:57:30 GMT
Peach of an idea though berry exciting, pick your own conclusion to all this. 😂 I heard we are signing Micky Mellon to sort this out. I heard Michael apple ton |
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Post by trevorgas on Aug 6, 2019 9:07:28 GMT
Ah bit more interesting than that,if you recall there were big acquisitions happening all over the place and Lloyds were itching to join the party,when Alistair Darling offered it for nothing to Lloyds they didn't draw the conclusion it was to good to be true and it was,too many egos in play. Only my view of the events. Didn't RBS buy ING on a whim, to scupper Barclay's who were going to buy ING. RBS concluded that Barclay's had completed DD, so the deal must have been ok. RBS then spent 4 billion on a pile of rubbish? Rumour has it that the RBS DD on ING comprised of a single A4 sheet of paper ! I believe that is the rumour,it was like the wild west at that time.I was heavily involved in 2 subsidiary purchases in 1999 and earlier ad DD took ages remember being locked in a room in the city with 100s of binders to sift through,proper job. What amazed me re RBS and Lloyds was how seemingly experienced, intelligent board members just drove a coach and horses through the normal canons of an acquisition ,who paid the price the shareholders and staff. All my lloyds share certificatesome now prop open the doors haha |
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Post by Deleted on Aug 6, 2019 9:15:04 GMT
Didn't RBS buy ING on a whim, to scupper Barclay's who were going to buy ING. RBS concluded that Barclay's had completed DD, so the deal must have been ok. RBS then spent 4 billion on a pile of rubbish? Rumour has it that the RBS DD on ING comprised of a single A4 sheet of paper ! I believe that is the rumour,it was like the wild west at that time.I was heavily involved in 2 subsidiary purchases in 1999 and earlier ad DD took ages remember being locked in a room in the city with 100s of binders to sift through,proper job. What amazed me re RBS and Lloyds was how seemingly experienced, intelligent board members just drove a coach and horses through the normal canons of an acquisition ,who paid the price the shareholders and staff. All my lloyds share certificatesome now prop open the doors haha I was once invited onto a team that were preparing a bid to outsource Fokker. On my first day, I was introduced to my desk which had piles of binders on it. I was told this was all the info they had at this point. The problem was, it was all in Dutch ! Here's the killer. The boss of the team was an American flown in for the job. I kid you not, but his first name was Sheriff. He was gobsmacked when we told him that we couldn't understand Dutch. He splurted out that 'Holland is only 20 or 30 miles across the Channel, so why couldn't we understand it!". I had to giggle. |
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Post by trevorgas on Aug 6, 2019 9:20:22 GMT
I believe that is the rumour,it was like the wild west at that time.I was heavily involved in 2 subsidiary purchases in 1999 and earlier ad DD took ages remember being locked in a room in the city with 100s of binders to sift through,proper job. What amazed me re RBS and Lloyds was how seemingly experienced, intelligent board members just drove a coach and horses through the normal canons of an acquisition ,who paid the price the shareholders and staff. All my lloyds share certificatesome now prop open the doors haha I was once invited onto a team that were preparing a bid to outsource Fokker. On my first day, I was introduced to my desk which had piles of binders on it. I was told this was all the info they had at this point. The problem was, it was all in Dutch ! Here's the killer. The boss of the team was an American flown in for the job. I kid you not, but his first name was Sheriff. He was gobsmacked when we told him that we couldn't understand Dutch. He splurted out that 'Holland is only 20 or 30 miles across the Channel, so why couldn't we understand it!". I had to giggle. Interesting how most Americans have a much more gung ho approach to Risk thanot us Brits. |
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Post by Deleted on Aug 6, 2019 9:31:23 GMT
I was once invited onto a team that were preparing a bid to outsource Fokker. On my first day, I was introduced to my desk which had piles of binders on it. I was told this was all the info they had at this point. The problem was, it was all in Dutch ! Here's the killer. The boss of the team was an American flown in for the job. I kid you not, but his first name was Sheriff. He was gobsmacked when we told him that we couldn't understand Dutch. He splurted out that 'Holland is only 20 or 30 miles across the Channel, so why couldn't we understand it!". I had to giggle. Interesting how most Americans have a much more gung ho approach to Risk thanot us Brits. Don't think any Swansea supporters would agree with you there. All they have done since relegation is line their pockets with money and not spent hardly anything on the team. The only thing gung ho about that is overloading their bank account with lovely money. |
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Post by Deleted on Aug 6, 2019 9:35:02 GMT
I was once invited onto a team that were preparing a bid to outsource Fokker. On my first day, I was introduced to my desk which had piles of binders on it. I was told this was all the info they had at this point. The problem was, it was all in Dutch ! Here's the killer. The boss of the team was an American flown in for the job. I kid you not, but his first name was Sheriff. He was gobsmacked when we told him that we couldn't understand Dutch. He splurted out that 'Holland is only 20 or 30 miles across the Channel, so why couldn't we understand it!". I had to giggle. Interesting how most Americans have a much more gung ho approach to Risk thanot us Brits. I know. I was once sat in an office in Farnborough, and my boss tasked me with moving a datacentre from Edinburgh to Birmingham, and from scratch I had 30 days to do it. There were no plans, no budget. This was starting with a blank sheet of paper. When I laughed and said it was impossible, he replied, "why are you getting all negative on me!". |
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Post by Thatslife on Aug 6, 2019 9:48:41 GMT
I don't know is the honest answer because I'm not involved in any of the discussions, nor is anyone on here, yourself included. I merely pointed out that you intimated that the project hasn't got anything to do with the owners which I'd assume is patently not true. If you had said "what makes you think the project has been entirely devised and will be entirely funded by the owners" then I'd agree with you. Fair comment, can i redact that statement please i have a very poor grasp of the english language and its meaning  You have to make allowances, i was born and bred in Bristol, Strong in the arm and thick in the head
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Post by Deleted on Aug 6, 2019 9:49:42 GMT
Ah bit more interesting than that,if you recall there were big acquisitions happening all over the place and Lloyds were itching to join the party,when Alistair Darling offered it for nothing to Lloyds they didn't draw the conclusion it was to good to be true and it was,too many egos in play. Only my view of the events. Didn't RBS buy ING on a whim, to scupper Barclay's who were going to buy ING. RBS concluded that Barclay's had completed DD, so the deal must have been ok. RBS then spent 4 billion on a pile of rubbish? Rumour has it that the RBS DD on ING comprised of a single A4 sheet of paper ! That is absolute tripe ... total nonsense. For one thing it was ABN AMRO and there was a full time due diligence team who advised Sir Fred to leave it well alone. His ego would not allow him to lose out to Barclays and he over ruled the report. How do I know ? I was in the room the day he did it ! |
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Post by Deleted on Aug 6, 2019 9:51:30 GMT
Didn't RBS buy ING on a whim, to scupper Barclay's who were going to buy ING. RBS concluded that Barclay's had completed DD, so the deal must have been ok. RBS then spent 4 billion on a pile of rubbish? Rumour has it that the RBS DD on ING comprised of a single A4 sheet of paper ! That is absolute tripe ... total nonsense. For one thing it was ABN AMRO and there was a full time due diligence team who advised Sir Fred to leave it well alone. His ego would not allow him to lose out to Barclays and he over ruled the report. How do I know ? I was in the room the day he did it ! Fair enough. |
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Post by peterparker on Aug 6, 2019 9:52:19 GMT
Anyway it was fun while it lasted
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Post by Antonio Fargas on Aug 6, 2019 9:53:35 GMT
Any more DD discussion and the thread will be moved to General Accounting.
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Post by Deleted on Aug 6, 2019 9:53:50 GMT
That is absolute tripe ... total nonsense. For one thing it was ABN AMRO and there was a full time due diligence team who advised Sir Fred to leave it well alone. His ego would not allow him to lose out to Barclays and he over ruled the report. How do I know ? I was in the room the day he did it ! Fair enough. Was funny though to be fair ... Guy was screaming like crazy at everyone around the Board table ... I was sat behind my Boss just listening and thinking about a mate If mine on the due diligence team who had said it was all toxic! |
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Post by Deleted on Aug 6, 2019 9:59:59 GMT
Any more DD discussion and the thread will be moved to General Accounting. FFS, lighten up. |
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Post by Antonio Fargas on Aug 6, 2019 10:02:16 GMT
Any more DD discussion and the thread will be moved to General Accounting. FFS, lighten up. FFS, it was a joke. We don't actually have a General Accounting section. |
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Post by spiess1 on Aug 6, 2019 10:06:13 GMT
DD seems quite a handful.
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Post by gasbath on Aug 6, 2019 10:18:07 GMT
Speaking to a owner of a unit just outside the fruit market site even before rumours started. He told me BCC were looking to compulsory purchase his unit & I guess many others
In a bid to redevelop that area as they were looking to put top end type flat/suites in the Totterdown area which would be overlooking that industrial estate
so changing that area to more aesthetic looking modern stadia/leisure/retail/hotels would be very much on the agenda of bcc I would think
long way to go but lets hope it happens UTG
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Post by Deleted on Aug 6, 2019 10:50:29 GMT
If the talk of incorporating market units into a new development is true, can't see much opposition from shareholders?
edit: also if they are temporarily housed elsewhere while the build is ongoing
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