Bank of Dave Channel 4 9pm tonight (12th July)

Discussion in 'OT (OFF Topic) Forums' started by Red C220, Jul 12, 2012.

  1. Red C220

    Red C220 Hardcore MB Enthusiast

    Messages:
    4,197
    Joined:
    Jul 30, 2011
    Location:
    Surrey
    Car:
    2015 SL400 : 2017 S6 Avant
    Northern Businessman, fed up with Bailouts and bonuses decides to open his own bank and help local firms.


    Looks interesting/amusing and right up my street.
     
  2. developer

    developer MB Club Veteran

    Messages:
    8,165
    Joined:
    Dec 28, 2007
    Car:
    S212 E63 S
    I thought that too.

    I'm already bank of Dad to my two sons - no loan facility though, just a constant stream of credit :doh:.
     
  3. MOCAŠ

    MOCAŠ MB Club Veteran

    Messages:
    7,345
    Joined:
    Dec 27, 2008
    Location:
    West London
    Car:
    SLK
    It'll be interesting to see how it unfolds. I've seen the trailer where someone he consults shows him the thick set of regulations he'll have to comply with (and I'm sure that's all for good reason).

    He's hardly a trailblazer in what he's trying to achieve, though. There are a few social lending sites offering peer-to-peer loans (eg: Zopa) and even a few schemes where a local currency has been introduced to boost businesses (Totnes, Lewes, Stroud, Brixton).
     
    Last edited: Jul 12, 2012
  4. davethemus

    davethemus Hardcore MB Enthusiast

    Messages:
    570
    Joined:
    Apr 17, 2009
    Location:
    glasgow
    Car:
    mercedes c280 1999
    Have you any experience of Zopa MOCAS?

    It seems like a good idea.
     
  5. MOCAŠ

    MOCAŠ MB Club Veteran

    Messages:
    7,345
    Joined:
    Dec 27, 2008
    Location:
    West London
    Car:
    SLK
    No, I've just read a fee encouraging articles about it, but I would consider using it as the returns look quite attractive (providing it's all above board and well managed).
     
  6. Dieselman

    Dieselman Banned

    Messages:
    34,206
    Joined:
    Jul 13, 2003
    Car:
    Peugeot 403 Convertible
    There are loads of credit unions in the UK, I suspect this will operate in a similar fashion, or is he intending to be a merchant banker as well?
     
  7. brucemillar

    brucemillar MB Club Veteran

    Messages:
    8,663
    Joined:
    Nov 18, 2010
    Location:
    Next Door to Alice - 25 'kin years now
    Car:
    C55 AMG Wagon - W124 300te 4matic Wagon - BMW 4.8is X5 E53 - SWB Pajero 3.5 V6 24v
    noun: Wunch

    Used to describe a group of bankers.

    As in A wunch of bankers.
     
  8. redbaron

    redbaron Banned

    Messages:
    1,549
    Joined:
    Nov 12, 2009

    I use Zopa... for a small investment so far (just testing it..) not had any issues... have avg 6.2% return over last 12 months... which beats the hell out of any uk bank
     
  9. Dieselman

    Dieselman Banned

    Messages:
    34,206
    Joined:
    Jul 13, 2003
    Car:
    Peugeot 403 Convertible
    What security is there for lenders in Zoopa?

    I note their bad debt has risen above their expectation and this year.
     
    Last edited: Jul 12, 2012
  10. redbaron

    redbaron Banned

    Messages:
    1,549
    Joined:
    Nov 12, 2009
    You take the bad debt on the chin with Zopa... each lender loses out... but that is offset by the better rates... my return is after charges / bad debt etc.. I quite like it as it amuses me... would however much rather set up my own 1599% apr payday loans business but sadly it isnt that easy.......
     
  11. OP
    OP
    Red C220

    Red C220 Hardcore MB Enthusiast

    Messages:
    4,197
    Joined:
    Jul 30, 2011
    Location:
    Surrey
    Car:
    2015 SL400 : 2017 S6 Avant
    Well, I really enjoyed that. I like Dave and I'm looking forward to next weeks episode.

    It's good when someone like him (a guy that clearly has little or no inhibitions) will simply continue to ask why?
     
  12. developer

    developer MB Club Veteran

    Messages:
    8,165
    Joined:
    Dec 28, 2007
    Car:
    S212 E63 S
    Why?
     
  13. A210AMG

    A210AMG MB Club Veteran

    Messages:
    8,475
    Joined:
    Mar 15, 2007
    Location:
    England
    I enjoyed it...

    Hes a character, love the way he let the little boy sit in his Ferrari.

    Lads done good and good on him.


    (did you notice how close to the kerb at the front it was though...)
     
  14. npuk

    npuk Hardcore MB Enthusiast

    Messages:
    4,239
    Joined:
    Nov 12, 2009
    Location:
    London
    Car:
    A180 CDI Avantgarde SE (2008)
    2nd ep on now, repeated 10pm on channel4+1
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.