Senior traffic garda singles out gardaí he believes aren’t issuing enough fines.
Setting a crude minimum target on a money making scam is what passes for management these days? Here is an idea. Have a look at the RSA GIS data and identify the accident hot spots rather than in most cases just shooting fish in a barrel.
But that would really increase road safety rather than maximising revenue I suppose.
So suddenly the central bank is urging care as regards PCPs. Where were they when these PCPs were first introduced?
In other news, Fianna Fáil marching halfway up the hill again. Post Offices this time. Nice of them to appear to try close the gate after the horse has bolted. They’ve been quite amusing these past few years. FG lite.
Happy Molloy
PCPs are not a regulated product and so the Central Bank have no authority over them. That would require a legislative change.
Andyourpointiswhatexactly?
You learn something new every day. I did not know what a PCP was until around 5 minutes ago. Now I’m a complete expert. Ask me anything.
rotide
What is the average air speed velocity of a laden swallow?
Andyourpointiswhatexactly?
Twelfty mph.
rotide
That’s the european, I meant Aftican
Andyourpointiswhatexactly?
I never heard of Aftica, said she expertly.
Starina
what about an unladen swallow?
Nigel
You’re thinking of the lost swallows of Aftlantis.
Andyourpointiswhatexactly?
What am I? A performing monkey?
Brother Barnabas
what tricks can you do?
Andyourpointiswhatexactly?
This! A bit of *this*. But mostly THIS.
Brother Barnabas
oh, oh and oh
Nigel
All those Performing Monkey College fees did not go to waste.
Digicel is dead.
Moody’s views todays debt restructuring / exchange as a default.
“New York, August 31, 2018 — Moody’s Investors Service (“Moody’s”) today downgraded Digicel Group Limited’s (“Digicel”) corporate family rating (CFR) to Caa1 from B2, as well as its existing debt instruments (see list of affected ratings below). The downgrade follows Digicel´s announcement of an offer to exchange its outstanding 2020 and 2022 notes for new 2022 and 2024 bonds and reflects the company’s untenable capital structure. At the same time, Moody’s assigned a rating of Caa2 to the aforementioned new senior unsecured notes due 2022 and 2024.
If completed as proposed, Moody’s will consider the exchange offer as a distressed exchange, which is a default under Moody’s definition, and therefore downgraded Digicel’s probability of default rating (PDR) to Caa3-PD. ”
Senior traffic garda singles out gardaí he believes aren’t issuing enough fines.
Setting a crude minimum target on a money making scam is what passes for management these days? Here is an idea. Have a look at the RSA GIS data and identify the accident hot spots rather than in most cases just shooting fish in a barrel.
But that would really increase road safety rather than maximising revenue I suppose.
http://www.thejournal.ie/garda-fines-4210360-Aug2018/
So suddenly the central bank is urging care as regards PCPs. Where were they when these PCPs were first introduced?
In other news, Fianna Fáil marching halfway up the hill again. Post Offices this time. Nice of them to appear to try close the gate after the horse has bolted. They’ve been quite amusing these past few years. FG lite.
PCPs are not a regulated product and so the Central Bank have no authority over them. That would require a legislative change.
You learn something new every day. I did not know what a PCP was until around 5 minutes ago. Now I’m a complete expert. Ask me anything.
What is the average air speed velocity of a laden swallow?
Twelfty mph.
That’s the european, I meant Aftican
I never heard of Aftica, said she expertly.
what about an unladen swallow?
You’re thinking of the lost swallows of Aftlantis.
What am I? A performing monkey?
what tricks can you do?
This! A bit of *this*. But mostly THIS.
oh, oh and oh
All those Performing Monkey College fees did not go to waste.
PCP makes you ga-ga. It should be avoided.
DigicelDeathWatch Update-lots of ‘noise’ last few days.
Friday on a long weekend in US (Labor Day),its a ‘quiet’ day in the markets with most New Yorkers headed or already at beaches in Hamptons/Fire Island or OMG the ‘jersey shore’ :)
Will over the long weekend provide some updates/analysis but here’s Digi’s extend and pretend offer.
h/t NWL (namawinelake) for link.
https://markets.businessinsider.com/news/stocks/digicel-group-limited-announces-exchange-offers-and-consent-solicitations-1027500074
Digicel is dead.
Moody’s views todays debt restructuring / exchange as a default.
“New York, August 31, 2018 — Moody’s Investors Service (“Moody’s”) today downgraded Digicel Group Limited’s (“Digicel”) corporate family rating (CFR) to Caa1 from B2, as well as its existing debt instruments (see list of affected ratings below). The downgrade follows Digicel´s announcement of an offer to exchange its outstanding 2020 and 2022 notes for new 2022 and 2024 bonds and reflects the company’s untenable capital structure. At the same time, Moody’s assigned a rating of Caa2 to the aforementioned new senior unsecured notes due 2022 and 2024.
If completed as proposed, Moody’s will consider the exchange offer as a distressed exchange, which is a default under Moody’s definition, and therefore downgraded Digicel’s probability of default rating (PDR) to Caa3-PD. ”
https://www.moodys.com/research/Moodys-downgrades-Digicels-CFR-to-Caa1-exchange-offer-viewed-as–PR_388484?WT.mc_id=AM~RmluYW56ZW4ubmV0X1JTQl9SYXRpbmdzX05ld3NfTm9fVHJhbnNsYXRpb25z~20180831_PR_388484