#TGBMS – THE BANK LOANED ME NOWT

A VERBATIM ACCOUNT OF THE EVENTS IN NOTTINGHAM COUNTY COURT ON 26 AUGUST, 2009.

What follows is an accurate account, written just two days after a possession hearing at Nottingham County Court in which RM defended a fraudulent claim against his home by the bank known as the ‘Bradford and Bingley’ and its CEO, Richard Pym.

Observant readers will take note that today is the 7th anniversary of that hearing, a hearing in which #TGBMS was laid bare. The soon-to-be-released film, #TheGreatBritishMortgageSwindle chronicles the travails of the ensuing years.

As I look back and read once more what was written at the time, the question that naturally arises is this: had any individual in a British Court ever previously used the reasonable defence that the bank had loaned him nothing, on the basis that the funds were created by way of the hypothecation of his future earnings? Continue reading “#TGBMS – THE BANK LOANED ME NOWT”

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