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

1101

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.

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  1. Alasdair MacLean on

    sixtaeseven: £94M: Permanent Embarrassment & Disgrace Forever

     

     

     

    22:30 on 25 October, 2012

     

     

    On CQN, I’ve discovered there are a hellava lot of Murrays out there, and they are usually a wee bit dodgy.

     

     

    (bona fide CQN Murrays excepted, of course)

     

    ———————————————————————

     

     

    My favourite Murray…….

     

     

    Andrew de Moray was the son of a northern landowner, Sir Andrew de Moray of Petty. Andrew and his father were both captured in the rout after the Battle of Dunbar in April 1296. Andrew the younger was initially held captive in Chester Castle on the Anglo-Welsh border, from which he escaped during the winter of 1296-97. He returned to his father’s castle at Avoch on the northern shore of the Moray Firth, where he raised his banner in the name of Scotland’s king, John Balliol. Moray quickly gathered a band of like-minded patriots, and employing hit-and-run guerrilla tactics, began to attack and devastate every English-garrisoned castle from Banff to Inverness. The entire province of Moray was soon in revolt against King Edward I’s men, and before long Moray had secured Moray, leaving him free to turn his attention to the rest of the northeast of Scotland.

  2. OK Jimmy you win, I’m not taking you on in quirky quotes, you are obviously a master or else you’ve overdone the Buckfast.

  3. Maestro

     

     

    A veritable goldmine of information this site. Unfortunately it’s dinner at my sister’s tomorrow.

     

     

    S

  4. JimmyQuinnsBits on

    pedrocaravanachio67

     

    22:55 on

     

    25 October, 2012

     

     

    spook owners of cars with tinted windows. Upon seeing one driving past, wink conspiratorially and touch your nose.

  5. JimmyQuinnsBits on

    corkcelt

     

    22:57 on

     

    25 October, 2012

     

     

    amigo,

     

     

    I have not sooked the nectar of the abbey this evening. I have foresaken it, and my love lies in a different direction now. I have gone all Spanish – as they don’t say there – a smashin Albarino, from the celts of Galicia, god bless em – sniff

     

     

    If I was drinkin it out of Scarlett Johansens belly-button, it couldn’t taste any better

     

     

    ok, that last bit was a lie

  6. pedrocaravanachio67 on

    JimmyQuinnsBits

     

     

    put a fish on a bit of string and hang it over your neighbors living room window. they’ll be freaked out thinking their house is under water. ( or something like that ).

  7. I discovered you meet a lot of people that you are proud to call your friends, when you go and partake of a little CQN every week.

  8. The Boy Jinky, I have been where TET is now, and I know he was in Barca, had a great time, but there is always a price to pay.

     

     

    Hope you feel better in the morning TET, hair of the dog?

  9. st.john.doyle-I suggested Westminster as MSPs dont have any appetite to bring it in to the open.Probably the Trish Godman episode has spooked them.hh

  10. tommytwiststommyturns on

    St John : there has to be a full public enquiry. If you’re any good at it, draft a letter and kick off a letter campaign to our MSP’s, MP’s , etc.

     

    I wouldn’t want to introduce any additional obstacles and delay further the findings of the FTT, etc. but the worry is that certain people will try to suppress all the facts.

     

     

    HH

     

    TTTT

  11. Must be a ‘timposter’ surely

     

     

    The Bridge The Bridge is online now

     

    Five Star Poster

     

     

    Join Date: 31-07-2006

     

    Posts: 5,253

     

    Default Re: Charles Green-is he involved with Whyte

     

    The best way to find out what’s going on at Rangers these days is to read tarrier sites. They always seem to know a lot more than we do

  12. I’m off to bed, if I have bad dreams, I’ll blame JimmyQuinsBits and I was just about getting back to normality.. I haven’t been sleeping well since that bloody last minute goal. I kid ye not.

  13. Doc

     

     

    I’m fine, takes a lot of the vino tinto to get me shaking, or the lack of it.

     

     

    See all the extra weight I have put on, it’s where the vino goes, oldtim has lost his extra pounds, so I thought I would keep them for him :>)

  14. T4

     

     

    You have said about a public enquiry for some time now, how do we go about getting one, it seems the only way any semblance of the truth coming out will be through one.

  15. tommytwiststommyturns on

    Doc – naw, but we need to pressure/embarrass Salmond into giving the go-ahead for one.

     

    I have no idea what’s involved on the logistical side, but the internet bampots can start the ball rolling.

     

     

    T4

  16. pedrocaravanachio67 on

    bloody hell, emdy else really confused? stayed up to watch newsnight scotland. i’ve got a sore heid now.

     

     

    Also, is Stv news a comedy show now?

  17. I discovered how to kill zombies stone dead with the information I pick up on cqn.

     

     

    Their blank look is a picture to behold when the hard facts I read and take great pleasure in telling thems way before the msm have the bottle to go to print.hail hail

  18. I have discovered that an unwelcome trait has crept into my being.

     

    Elitism does not sit well with my socialist principles so I feel

     

    compelled to apologise to holders of lesser badges.

     

     

    icanseetheredflagflyingonmyboatfrommyvillaoncrete csc

  19. T4, I have written to a couple of MP’s, a Hun who seemed to be getting very involved early on, he backed off very quickly, sure he had lots of non Huns contact him. So pressure on MPs, MSPs would be a start. I also think the volume of high end journalism hitting this, Daly, Thomson in particular are exposing this to a huge extent. When this gets to the banking system, and I think it will, then a full open enquiry may come.

  20. Doc

     

     

    It is, never clapped eyes on one in all the time I have been here, sheer bliss.

     

     

    On the odd occasion I go down to the costa, I have seen a hun top, and I never miss the chance to have a pop, it infuriates the wife, but as they are always only ever one or two of them, they are never very brave and just think I am having a laugh, they have got that bit right :>)

  21. Alasdair MacLean on

    Just tuned in for a status and after reading back through six pages of complete nonsense discovered that you can’t always rely on CQN for your information.

     

     

    What’s HAPPENING?

  22. Badda Bing

     

     

    He done an interview on thon Daybreak programme a fortnight or so ago and ended the interview by shaking the guys hand and saying ‘up’ the hoops’

     

     

    Made me smile anyways.

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