After you buy the businesses you will be more sympathetic to the risk/reward realities and pressures that courageous enterprising people accept.

When a business person promises to succeed and then fails, having been there myself, I would never call them a liar.

Everybody loves a winner but remember that most winners were once a loser and that’s what ultimately helped them to succeed.

If his British properties are in receivership, I say we get a group together, come up with a few grand and buy it. He’ll have to cave soon. Who’s in?