Bob’s Weekly Update

Dear Bondholders,

This week I’m providing a round up of items as there has been no BDO update in August.  I’m also continuing with the campaign to raise the profile of the appalling damage done to our investments by the FSA. ‘Thought for the day’ Maybe it is time for the Treasury to start asking itself did it get the ‘best bang for it’s buck’, or rather our bucks, with the organisation as it then was. The FCA are actually asking for your opinions, and it is your chance to tell them. More below.

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Bob’s Weekly Update

Dear Bondholders,

This is a bit of a FSCS/FCA/FSA special, as there is a growing feeling of both anger and outrage, that the Regulators have yet to ‘man up’ and concede they were at serious fault in the way they engaged with ARM Bondholders, and that their performance in regard to other funds was severely lacking.

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Bob’s Weekly Update

Dear Bondholders,

This week I’m afraid I have been too busy to plan an Update properly, as health issues aside, we still have an unrepaired house three months after our furniture was removed.   Today instead of writing my Update I spent most of the my day catching up with bondholder emails, as I was running nearly a week late on some of them and they needed attention. There were really only three main subjects, news of claims paid or questions about claims process, and letters to and from HM Treasury. Next week I will post a selection of these for your information. The minor subject was tax claims.

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Bob’s Weekly Update

Dear Bondholders,

I must apologise to my regular readers for the sporadic appearance of my Updates of late.  Unfortunately ‘real life’ has been getting in the way. Once again, I have to offer my sincere thanks to those of you who have been kind enough to write with your good wishes for my wife’s recovery.

RNS FOR IMMEDIATE ISSUE

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF BONDHOLDERS. IF BONDHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE IMMEDIATELY FROM THEIR STOCKBROKER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT FINANCIAL OR LEGAL ADVISER.

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Bob’s Weekly Update

Dear Bondholders,

“I’ve started writing early, as I’ve two hospital appointments myself this week, as well as caring for my wife, who is now thankfully post op, and home again”. That was how I began my piece until fate intervened yesterday.  I was at the offices of BDO yesterday, and found I had a number of missed calls, my wife had had to be re-admitted to hospital, and the rest of my day was cancelled. This was the personal business that Ian was referring to last evening. She is thankfully now back on the road to recovery.

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