It is difficult to find a more interesting and profound reflection by financial-guru Stephen Dewsnip.
In his trip to trying to describe a product that is a mortgage loan but then, it isnt’t really one, he has tripped badly.
Firstly he admits that people, naturally, are reluctant to take out a mortgage after a life working hard to rid the property of it. He then says that if a mortgage is required, no worries, innovative Rothschild is going to look after everyone and will not allow anything but careful handling, thanks to their ultra-cautious approach.
A few years later, Claire Whip-ett, who back in the day would review Stephen’s articles to make sure they were accurate, flies out to Spain to give a warning to their one-time customers turned enemies: pay up or we will take your properties.
Where is the limit with these people?
The truth is there is no limit that Rothschild will go to in order to screw their customers into the ground. You would think they make enough money from other means without taking all the hard earned life savings of the pensioners. There is simply no words in the English Language that would suffice to describe these modern day sharks. Well lets just reflect that the most versatile predators on earth or humans, closely followed by bankers and No 1 on the list goes to Rothschild. A recent letter has been posted on this web site from David Shannon Director – Group Legal & Compliance. I suggest he joins his former colleague and Director of Rothschild Stephen Dewsnip as Assistant Manager to the football club. Did I hear that Dewsnip had started his own investment company. That is surely one to watch out for.The garbage these people write is quite difficult to comprehend. First let me expose a lie from Shannon. The truth is that NM Rothschild is a UK based bank that is regulated by the FSA and English courts and if he got his head out of his anus he should know that the contracts signed were under the laws of England & Wales and subject to this jurisdiction as they state in their own contracts. How does he know that all the people who signed the contracts were Spanish Tax residents unless he was involved in the structuring of these contracts. He also needs to check the regulations of the FSA of which they are governed. So don’t try to pull the wool over the eyes of a 90 year old man, shame on you. Please read the advertisement written by one Stephen Dewsnip Director Rothschild Bank, once you have read it then say to yourself. Oh my God “What have we done” You, Mr Dewsnip and your bank are culpable, to a sham of the first degree and if you can’t see it, then you should not be in the position you are and representing a bank with the name of Rothschild. By the way we do have far more incriminating evidence in our files. As every day passes we may release another one on this site. So keep surfing erva as so many people are. This is the site where all you predatory banks will be exposed. By the way if you have the guts to call us liars, have your lawyer sue us for libel, Then again don’t bother, as we have all the hard data to make you look even bigger fools.
Sorry, forgot to mention one very important point. SEE YOU IN COURT IN DECEMBER.
Another senior moment this senile dementure is catch. The article I was referring to Mr Shannon was “Rothschild prese a Tailor – Made. and no I am not talking about the golf clubs. They work very well.
Interesing to read this post once again in relation to the recent ruling by the Spanish Tax Office. Rothschild are not sure if this is a mortgage loan or not. The Tax Office have ruled that this is not a mortgage loan as it was not a loan specifically for mortgage purposes and therefor should be classed as a personal loan, as a reult cannot be deducted to reduce the tax liabliity from either “wealth or Inheritance Tax” point of view. If you read the comments by the Rothschild Director Mr. Dewsnip it catagorically states that one can reduce their IHT by signing on the dotted line. Looks like he got it all wrong.