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Irish store owner must pay back $46 million loan to Swiss bank

By
ANTOINETTE KELLY,
IrishCentral.com Staff Writer
Published Saturday, March 5, 2011, 9:34 AM
Updated Saturday, March 5, 2011, 9:34 AM

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Pittsburghkid | Mar 08, 2011, 08:20 PM EST
That is the Global Economy for you? Foreigner investing in projects that local wouldn't touch. Now the Swizz Bank must learn to squeeze blood from a potato.

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cabbagehead44 | Mar 07, 2011, 09:50 AM EST
I'd like to hear what McConnon has to say about the whole matter?

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jamthecat | Mar 06, 2011, 01:47 PM EST
The bank won't get its money back. What they'll get is this guy going into bankruptcy (if he's as conniving as he seems) and them winding up with a property worth 5% of what was spent on it. Idiots, all...but isn't it fun to watch Karma do her thing?

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Murph46 | Mar 06, 2011, 12:05 PM EST
Hate it when that happens to me!

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Murph46 | Mar 06, 2011, 12:01 PM EST
Tell them their check's in the mail!

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ciarrai | Mar 06, 2011, 11:31 AM EST
oops

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Portia777 | Mar 06, 2011, 09:53 AM EST
Ah well, money is only paper. The Bank deserves its karma.

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SeamusMor | Mar 06, 2011, 09:44 AM EST
The bank should eat the loss!

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LoyalCitizen | Mar 05, 2011, 02:38 PM EST
It would be nice if he did not have to pay back the loan.

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mamaginnty | Mar 05, 2011, 11:34 AM EST
Such an eejit, he should have known, when our own banks would not give it.

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