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LOLBAGZe key to rebuilding personal wealth and the countries economy is by generating income. "The debts can be rolled over and repaid if we get busy in building new networks and businesses to increase income. Spend 20% of your time dealing with the past as it must be attended to, but spend 80% of your time on new income and ventures because this will be future."Simon believes the key to rebuilding personal wealth and the countries economy is by generating income. "The debts can be rolled over and repaid if we get busy in building new networks and businesses to increase income. Spend 20% of your time dealing with the past as it must be attended to, but spend 80% of your time on new income and ventures because this will be future."
It is Simon's view to recovery which is of primary interest to our forum, as well as dealing with debt, handling losses and taking responsibility for decisions made in the past.
The Chairman of NAMA Frank Daly has said he is "disappointed" with the Supreme Court ruling that a decision in December 2009 to acquire developer Paddy McKillen's loans was "invalid", and has no legal effect.
His lawyers had said he should not fall under the remit of NAMA as most of his loans were performing and only a small percentage related to land and development.
The man behind the Jervis Shopping Centre in Dublin, argued his portfolio was performing "excellently" and shouldn't be acquired by NAMA.
http://www.examiner.ie/breakingnews...leted-nama-business-492011.html#ixzz1CtuAZD6u
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