Warning: Eddie Hobbs Might ‘Loose’ Your Money

September 8, 2007 at 1:07 am 4 comments

Eddie Hobbs was on the Late Late Show last night, plugging his latest scheme. Essentially, we all chip in and give his new company up to €250 million, they invest it in German and Portugese property, then after ten years they give us back any profits, less a management fee of up to €3-10 million for each director. In fairness, their brochure does outline some risks, including this one:

Warning: the underlying assets of Brendan Investments are highly leveraged and may be subject to sudden and large falls in value and you may loose the total value of your investment.

Well, call me over-cautious if you like, but I am not rushing to help give €250 million to a company whose brochure cannot even spell the word ‘lose’ correctly. If I did, I would be afraid that I was ‘loosing’ my mind as well as my money.

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Entry filed under: Ireland, News.

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4 Comments Add your own

  • 1. Twenty Major  |  September 8, 2007 at 1:09 am

    Mooney, surely?

    Although there are some who would dearly love to loose their mooney.

    Reply
  • 2. Michael Nugent  |  September 8, 2007 at 1:26 am

    That could be an RTE show – Loose Your Mooney.

    Naturally, it would be followed by Mooney Goes Wild.

    Reply
  • 3. Sparky  |  February 26, 2008 at 9:26 pm

    I cross checked Hobbs proposals with some German acquantances, including his plan to buy a hotel in the former East Germany…..They all declared that it was a stupid plan….well if the locals think it is a joke….then you can bet it is a joke…
    Hobbs is an out of control ego….

    Reply
  • 4. home loan  |  January 30, 2009 at 11:50 am

    Lovely. Great site.

    Reply

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A blog by Michael Nugent

Welcome to my blog about living in the maddest country on earth. Please feel free to leave a comment.

I also write Bionic Bohs, a blog about following Bohemians football club in the 1970s.

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Bionic Bohs

As mentioned above, if you like Irish football and/or cultural nostalgia, I also write Bionic Bohs, a blog about following Bohs in the 1970s.

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