Rosy Millard
Author
Discussion

Hardcore2000

Original Poster:

788 posts

300 months

Friday 13th May 2005
quotequote all
Anybody see the special tonight show focusing on the so called debt of rosy millard. She has a property portfolio worth millions, 50k oerdraft at 7.5% and 20k on credit cards. What the show failed to mention at any point is that if she sold one of her propertys she would solve the problem and be cash rich. Theres no way that she would not have seen huge increases in the value of her propertys in the last few years. If she was really broke she would not hae been so bloody jolly throughout the show.

>> Edited by Hardcore2000 on Friday 13th May 21:26

gaston

21,189 posts

275 months

Saturday 14th May 2005
quotequote all
Just like Michael Jackson. All this garbage talked about financial problems yet the bloke owns the Beatles back catalogue among other things. Similar garbage talked about MU and not being able to afford interest at £125,000 per day.

ferg

15,242 posts

286 months

Saturday 14th May 2005
quotequote all
I thought he sold the Beatles rights??

minimax

11,985 posts

285 months

Saturday 14th May 2005
quotequote all
ferg said:
I thought he sold the Beatles rights??


he took a loan from sony with the back catalogue of the beatles as security IIRC

simpo two

92,708 posts

294 months

Saturday 14th May 2005
quotequote all
It's an 80's throwback. You borrow money at x% because you reckon you can invest it somewhere else and make 2x%.

It's fine until the base rate goes up or your investments go down. The hard part is bailing out before it blows up.