Tyr
Pulsar
- Joined
- May 17, 2009
- Location
- California
Matthew Edward Richardson or Matt to his friends had come up hill from the city to discuss business with Alberto Espinal a local developer on the island. Matt was from the states, but spent the vast amount of his time living on this Caribbean island, not only because he liked the weather, which he did, but for a variety of other reason. Those other reasons stemmed from his primary business, which was Internet gambling. Here on the island, gambling was legal, and further there weren’t the myriad of incredible laws that restricted a person’s ability to make a living. The business not only allowed Matt to live a lavish lifestyle, but it afforded him a great deal of freedom.
Matt had agreed through another business associate to meet with Mr. Espinal to see if he could assist the gentleman with a loan. The recent financial crisis in American and Europe had seriously tightened credit, and Mr. Espinal as many others was finding it difficult if not impossible to get lending. The gambling business not only made money, but such companies sat on an incredible amount of cash as many customers kept their large stakes in the company accounts. Such money in the States would have to have been deposited into trust accounts or some such other stupid requirement, but here on the Island Matt was able to access and use those funds, making additional money for himself and his company.
Matt was aware that Mr. Espinal’s loan had been called and if he didn’t make the balloon payment then the nearly completed resort would be turned over to the bank for repayment, and in all likelihood wiping out not only Mr. Espinal’s stake but also Mr. Espinal too. These kinds of business opportunities appealed to Matt, as they offered not only an above average return, but also possible equity positions in addition to any interest. Standing just about 6’ tall, Matt was a striking figure, even with his usually scruffy short cut beard, his green and grey eyes piercing, with his hair cut short. Matt wasn’t a heavy muscular person, but toned having worked out and enjoyed an active lifestyle afforded by the excellent weather on the island.
Matt was in the private office of Mr. Espinal, listening to him as the man prepared drinks while discussing the merits of his project, and why going forward was the only logical solution, and that banks where just plain criminal, ignorant, and such. Matt sat patiently listening to the man drone on, while looking out over the magnificent view, Mr. Espinal being from one of the older more established families and as such, had excellent location for his home. The clothes Matt dressed in weren’t those of corporate America, but rather the casual comfortable attire more commonly found on the island, light covered slacks, a loose fitting shirt with the front partially open. Already this sounded like a little more risk than he was willing to assume, given the poor real estate market, but being rude wouldn't serve his purpose at all, so he patiently listened.
Matt had agreed through another business associate to meet with Mr. Espinal to see if he could assist the gentleman with a loan. The recent financial crisis in American and Europe had seriously tightened credit, and Mr. Espinal as many others was finding it difficult if not impossible to get lending. The gambling business not only made money, but such companies sat on an incredible amount of cash as many customers kept their large stakes in the company accounts. Such money in the States would have to have been deposited into trust accounts or some such other stupid requirement, but here on the Island Matt was able to access and use those funds, making additional money for himself and his company.
Matt was aware that Mr. Espinal’s loan had been called and if he didn’t make the balloon payment then the nearly completed resort would be turned over to the bank for repayment, and in all likelihood wiping out not only Mr. Espinal’s stake but also Mr. Espinal too. These kinds of business opportunities appealed to Matt, as they offered not only an above average return, but also possible equity positions in addition to any interest. Standing just about 6’ tall, Matt was a striking figure, even with his usually scruffy short cut beard, his green and grey eyes piercing, with his hair cut short. Matt wasn’t a heavy muscular person, but toned having worked out and enjoyed an active lifestyle afforded by the excellent weather on the island.
Matt was in the private office of Mr. Espinal, listening to him as the man prepared drinks while discussing the merits of his project, and why going forward was the only logical solution, and that banks where just plain criminal, ignorant, and such. Matt sat patiently listening to the man drone on, while looking out over the magnificent view, Mr. Espinal being from one of the older more established families and as such, had excellent location for his home. The clothes Matt dressed in weren’t those of corporate America, but rather the casual comfortable attire more commonly found on the island, light covered slacks, a loose fitting shirt with the front partially open. Already this sounded like a little more risk than he was willing to assume, given the poor real estate market, but being rude wouldn't serve his purpose at all, so he patiently listened.