Brendan Burgess
Founder
- Messages
- 58,439
Did anyone watch this programme during the week?
I was very annoyed at the tabloid approach RTE took to the tracker investigation.
This programme on Customs House Capital produced by Animo was pretty much the same tabloid approach. Is that the house style of RTE now?
I am guessing about 10 victims interviewed. But not Johnny telling his story in one go. But Johnny telling his story in 5 different snippets throughout the programme so it was hard to follow.
Do they assume that the audience is too thick to understand the issue? No real attempt to explain the issue in a coherent way.
Apart from the victims, they had about 7 talking heads.
One person explaining what happened would be so much more useful and informative.
1) CHC started out as a respectable investment company and their investors did well.
2) There was no initial plan to defraud people.
3) The funds some people invested in bought commercial property using the investors' funds and bank borrowings.
4) When property prices fell , the banks wanted their money back.
5) CHC panicked and thought that they could ride out the storm and took money from other customers' accounts to shore up the property funds
6) This was supposed to be temporary and that the money would be put back.
7) But the crisis was worse and longer than expected so the whole thing imploded.
By the way, that is what I think happened. But the documentary never explained that properly.
I understand from my general knowledge of the situation is that a lot of these property projects were continued by the liquidator and turned out well in the end - but that was not covered in the programme.
I understand that some people got their money back - but that was not covered.
And guys got jail sentences a few years ago. But where are they now? Have they been released from jail?
I was very annoyed at the tabloid approach RTE took to the tracker investigation.
This programme on Customs House Capital produced by Animo was pretty much the same tabloid approach. Is that the house style of RTE now?
I am guessing about 10 victims interviewed. But not Johnny telling his story in one go. But Johnny telling his story in 5 different snippets throughout the programme so it was hard to follow.
Do they assume that the audience is too thick to understand the issue? No real attempt to explain the issue in a coherent way.
Apart from the victims, they had about 7 talking heads.
One person explaining what happened would be so much more useful and informative.
1) CHC started out as a respectable investment company and their investors did well.
2) There was no initial plan to defraud people.
3) The funds some people invested in bought commercial property using the investors' funds and bank borrowings.
4) When property prices fell , the banks wanted their money back.
5) CHC panicked and thought that they could ride out the storm and took money from other customers' accounts to shore up the property funds
6) This was supposed to be temporary and that the money would be put back.
7) But the crisis was worse and longer than expected so the whole thing imploded.
By the way, that is what I think happened. But the documentary never explained that properly.
I understand from my general knowledge of the situation is that a lot of these property projects were continued by the liquidator and turned out well in the end - but that was not covered in the programme.
I understand that some people got their money back - but that was not covered.
And guys got jail sentences a few years ago. But where are they now? Have they been released from jail?
