The conspiracy theorist inside thinks it's "interesting" this came out the day after the rumor broke out that mix might go to xolos
But seriously article does it make it sound pretty bad
Official (random Player Name) To Nycfc Rumor Thread
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But seriously article does it make it sound pretty bad
Terrible to make loans to people who didn't want to go through the bank due diligence process to get money and otherwise wouldn't be able to get funds...
Based on the stories they gave, he made loans to people living in million dollar houses, not the uneducated blue collar guy scraping to get by. It seems that they are not distinguishing between financially sophisticated and unsophisticated borrowers in an attempt to paint him as an evil usurer. So he tried to dance around some of the socialist regulations of Norway? Now, I will deserve judgment until more facts come to light, but solely on the conjecture of a "scam" masquerading as a story printed at Vice, I don't really see a problem.
It's done every single day in the business world. It's called hard money lending. It's not a great solution to a cash flow problem, but at least the option exists.
Vice likes to sensationalize stories though.
Maybe. An investigation is a long way from a conviction.Midas Mulligan whatever he did, it's illegal in Norway
Shouldn't matter anyway. It's not Mix. Even if his dad is an asshole, it's not like we're talking YSL. Mix is a grown man. Kreis can handle him. Teammates seem to like him. At least I've never heard he was a problem
(Some folks in Norway do seem to think his dad is, in fact, an asshole. Whether or not he's a criminal is a different question.)
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this is pretty hilarious, quite the conclusion for someone deserving judgment.
Midas Mulligan but it is Mix. Just ask Portland and Columbus what they think. You can't separate the two. He is Mix's agent and this is what you are dealing with. He's scum.
Do you know what he did? He's not facing charges in any legal system right now.
If you're a high risk borrower unwilling to go through a bank application, you're going to get nailed. That's business, man.
He hasn't been charged, but he is being investigated by the Norwegian government.
That was in the article? Damn, I was hoping to pass this off as inside sources.
what about a high risk borrower who does go through a bank application. then the bank sells those loans to investment banks in the millions, who packages them, and sell them with investment grade ratings to pension funds.. is that business too? b/c that's the logic you're playing with. it's quite circular.
Banks are regulated by governments, though. You may not like what the bank does with money but they are at least compelled to stick to laws governing things like how much interest they are allowed to charge and what they can do to you if you default. Diskerud's father seems to be accused of charging up to 133% interest, and while I don't know what methods he is accused of, I do know that your typical loan shark will respond to you failing to meet payments by anything from increasing the interest even higher, to stealing cars off your drive or robbing your house, to breaking kneecaps. In fact many loan sharking organisations seem to be angled around setting you up to struggle to pay it back, because they can extort you for many times the original sum that way.
Anyone want to talk academy players while we wait for:
1. Mix's dad to go or not go to a Norwegian prison
2. For Frank Lampard to decide if he will honor his contract
3. That January transfer window
http://skyscraperblues.com/2014/12/22/manchester-city-academy-players-nycfc-take-loan/
I personally want to negotiate a Sneijder DP and Iheanacho deal for Frank...
1. Mix's dad to go or not go to a Norwegian prison
2. For Frank Lampard to decide if he will honor his contract
3. That January transfer window
http://skyscraperblues.com/2014/12/22/manchester-city-academy-players-nycfc-take-loan/
I personally want to negotiate a Sneijder DP and Iheanacho deal for Frank...
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