michali
09-13-07, - 01:44 PM
Somebody just called Issues of the Day to ask if it is true that First Caribbean Bank is in receivership. Anyone work there who might know why such a rumour could be circulating?
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View Full Version : First Caribbean Bank michali 09-13-07, - 01:44 PM Somebody just called Issues of the Day to ask if it is true that First Caribbean Bank is in receivership. Anyone work there who might know why such a rumour could be circulating? Sunnyjohn 09-13-07, - 01:47 PM Somebody just called Issues of the Day to ask if it is true that First Caribbean Bank is in receivership. Anyone work there who might know why such a rumour could be circulating? YOu gat a link for the talk show? Is this the one on Jones?? Tafadhali 09-13-07, - 01:51 PM receivership is another name for bankruptcy, right? that doesnt sound right! CIBC (its parent company) is a respectable profitable brand! Sunnyjohn 09-13-07, - 01:53 PM that doesnt sound right! CIBC is a good profitable brand! receivership is another name for bankruptcy, right? I thought First Caribbean was what was created when Barklay's flew the coup? receivership Definition A form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee. Rory 09-13-07, - 01:53 PM radio, what do you expect, its worse than the internet :D Excalibur 09-13-07, - 01:57 PM I thought First Caribbean was what was created when Barklay's flew the coup? It was a merger between Barklay's and CIBC. I never liked this merger. Sunnyjohn 09-13-07, - 01:58 PM It was a merger between Barklay's and CIBC. I never liked this merger. So anyone have the 411? Tafadhali 09-13-07, - 01:59 PM I thought First Caribbean was what was created when Barklay's flew the coup? receivership Definition A form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee. oh chapter 11(reorganization). lol ive been in america too long. Baby Girl 09-13-07, - 02:16 PM Ahhh.... what?!? This is not so...at least I don't think so. But employees are always the last to know..sigh. But for real though, not true at all. Jer 09-13-07, - 02:19 PM So, should a bank go bankrupt, what happens to the customer's money? Sunnyjohn 09-13-07, - 02:34 PM So, should a bank go bankrupt, what happens to the customer's money? Anyone remember that bank in Freeport that went belly up? Gulfstream? Shellstream? Gulf Union? Can't remember.... It was the one down town close to the hospital and across the street from Christ the King Church and KFC?? Those people only got pennies on the dollar after years of wrangling. bahamiangoddess 09-13-07, - 02:37 PM Gulf Union Sunnyjohn 09-13-07, - 02:39 PM Gulf Union Der we go! Thanx cousin! Remember how nobody hardly ever went into that bank? It was the running joke in Freeport. I remember the day people with money their ran to get it out.... What is in that building now? Sunshyne 09-13-07, - 02:44 PM Der we go! Thanx cousin! Remember how nobody hardly ever went into that bank? It was the running joke in Freeport. I remember the day people with money their ran to get it out.... What is in that building now? Still abandoned. Sunnyjohn 09-13-07, - 02:48 PM Still abandoned. ...and it was such a nice building... two stories... right? |