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A gentleman that’s going round Turning the joint upside down

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By on CQN BLOG & Comments

There’s a gentleman that’s going round
Turning the joint upside down
Stool Pigeon – ha-cha-cha-cha
He’s an old ex-con that’s been away
Now he’s back, no one’s safe

It’s quite likely that David Grier and Craig Whyte had many conversations they didn’t want replayed on BBC Reporting Scotland.  Their deal to acquire Rangers from Sir David Murray and Lloyds Banking Group would have required many scenarios to be considered, some of which would certainly be unpalatable.  So with this in mind, Grier may have been comfortable discussing strategy with Whyte when the latter recorded their conversation in May this year.  They had been in the proverbial trenches together before and at one time would have had a bond of trust.

What frankly beggars belief is that either party would consider this bond to be still in place a month after Duff and Phelps sued Craig Whyte’s company for £25m.  It’s even more surprising that Mr Grier and Mr Whyte were on such convivial terms – chatting liberally in a restaurant about such a serious matter – while they were supposed to be on opposite sides of a £25m legal action.

We now know that Rangers administration went miles off track soon after it started. Whyte, as we predicted back in October last year, hoped to present creditors and Scottish football with a fait accompli.  Duff and Phelps were to complete the task within days for a fixed fee of a fraction of what they eventually raised.

Instead Duff and Phelps fee increased by a factor of six, Whyte lost control of events and inherited a great deal of litigation, not to mention a police inquiry.  Duff and Phelps must now prepare to tell the truth to Lord Hodge next week.  There are millions of pounds at play here and anything short of the truth could land them in heaps of trouble.

Credit to Mark Daly and Reporting Scotland for landing the recording.  The BBC are taking a pounding this month but this was a stunning item for an evening news bulletin to present.

Craig Whyte, you will remember, threatened to sue Daly last year and managed to convince the hard of thinking that Daly, and the BBC, were victimising Rangers by dishing the dirt on Whyte.  Some still adhere to this belief, despite now realising their Messiah was just a naughty boy, it’s a cognitive dissonance thing.  Another lesson that football fans are fools for bombast.

After all the talk then they wired him
And he took a walk with his crooked friends
And they joked about the good old days
And he recorded it on a reel of tape
He caught the mug who did in the forgery
And the babe in charge of larceny

We have to wonder what liquidators BDO will make of Duff and Phelps actions when they take over next week.  Ha-cha-cha-cha.

Click here to read the fabulous CQN Magazine for free, or strain your eyes squinting below. You can also buy a hard copy of the magazine here from Magcloud.

There is a pause button at the bottom left of the video if required.

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  1. The Boy Jinky on

    BMCUWP

     

     

    Contact a MR Chas Green – he can magic up anything you wish – as long as your not looking to see the deeds :)

  2. setting free the bears on

    gillian i scream

     

     

    I dread the day when we get hooked up on CQN with Skype video connections.

     

     

    You are all much nicer people in my imagination than you could ever be in physical form.

  5. Gene's a Bhoys name on

    setting free the bears

     

     

     

    20:35 on 25 October, 2012

     

     

     

    gillian i scream

     

     

    I dread the day when we get hooked up on CQN with Skype video connections.

     

     

    You are all much nicer people in my imagination than you could ever be in physical form.

     

     

    —————————————-

     

     

    I always imagine you as Hair Bear from the Hair Bear Bunch

  8. ItaliaBhoy on

    From FollowFollow…

     

     

    the emails I was told about in the OP haven’t been published….yet. They are, according to my source tonight, even more damning to D&P than the two BBC reports.

     

     

    Very much a case of watch this space.

  10. leftclicktic on

    ———

     

    Rangers Tax-Case ‏@rangerstaxcase

     

    #Tapegate : Whyte wants Green to think that he has him on tape too, but does he have it? Does Green have the minerals to face down Whyte?

     

    ————

     

    Rangers Tax-Case ‏@rangerstaxcase

     

    @moykilhiggins Green has little reason to worry about what others have said about him. What he has said himself might be scary.

  11. Gene's a Bhoys name on

    I see Glen Johnson is taking diving lessons from Suarez – perhaps they should sign the boy Daley

  13. gillian i scream on

    Genes a Bhoys name

     

    Who you calling a bear ?

     

     

    @alextomo: #c4news Friday. Exclusive: senior Scottish QC spells out what real intimidation means and takes aim at Rangers manager Ally McCoist.

  21. Gene's a Bhoys name on

    Jelly And Gelato

     

     

    I have said before this will run longer than Jarndyce v Jarndyce

  26. ItaliaBhoy on

    Bless, they are childlike in their naivety on FollowFollow…

     

     

     

    so what does all this mean to Rangers…Could this jeopardise our rise?

  29. Gene's a Bhoys name on

    setting free the bears

     

     

    I’ll stick with the Hair bear image – the actual you looks scary but in a dumb sort of way

  30. winning captains on

    CQN’s planning some high quality CQN t-shirts. The theme is things you discovered while on CQN.

     

     

    So to start with we have the following:

     

     

    I discovered AMORTISATION on CQN

     

     

    I discovered COGNITIVE RESONANCE on CQN

     

     

    I discovered GRATUITOUS ALIENATION on CQN

     

     

    So what did YOU discover on CQN?

  35. Gene's a Bhoys name on

    winning captains

     

    If you are looking for a t-shirt supplier my son is in the business – you can get my email from Paul if you are looking for a supplier.

  36. tarrant on

    winning captains

     

     

    20:56 on

     

    25 October, 2012

     

     

    So what did YOU discover on CQN?

     

     

    ============================

     

     

    astounded of forehead

     

     

    The Civil Wars

     

     

    pablophanque and his music collection

  37. pggtips2 on

    adi_dasler

     

     

    you sound like a hun infiltrator or traitor if you believe 6 million for wanyama is fair dinkum, double that isn’t even half his true value, when i mean value i don’t mean inflated epl values either, i mean normal valuations in normal circumstances.

     

     

    Celtic have a player of rare power and precision.

     

     

    You only needed to see his header against St Mirren to see that at times, quite frankly, he is playing a different sport to everyone else on the pitch.

     

     

    That header didn’t even contain an enormous amount of neck straining (obviously it did but was unseen) going for the header.

  38. ItaliaBhoy on

    More from FF. This one actually quite funny…

     

     

     

    Never a dull day at our Club, is there? Apart from the football, that is…

  40. miki67 on

    This is getting almost as good as ,if not better ,than Watergate. Showing my age now.

     

    Craigy as ‘deep throat’…..no, not that one….the original.

     

    Still, imagery’ll take you a long way.

     

    Anyway….Lord Hodge has to act now. Are SOCA involved yet? Or the SFO? They could do with an easy win.

     

    And this rapidly unravelling scam has ‘open goal’ written all over it, or my name’s not Taggart.

  41. JimmyQuinnsBits on

    Whytie, Murray, Duff and Phelps, and Green

     

     

    How much do these snakes in a barrel deserve each other… when one starts to bite, the others will follow

     

     

    I reck’n this isn’t about D&P runnin up a £3m bill, otherwise Craigie would’ve bitten sooner

     

     

    Craigie’s been promised somethin, and that promise is being pulled away, so he’s fired a warnin shot

     

     

    Craigie’s may, or may not, have a lot more poison – maybe goin all the way back to minty.

     

     

    Question is… do ya feel lucky punk… well, do ya?

  42. dirtymac on

    I discovered…

     

     

    Jack Reacher. Good.

     

     

    Tom Cruise will play Jack Reacher. Not so good. Also a major wtf? Cruise rag-dolling a 7-footer? Nae danger

     

     

    The Ole Burns Howff

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