Jon MW
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« Reply #75 on: September 17, 2008, 03:23:51 PM » |
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Bank of England and the government wouldn't let it go under - no risk
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Jon "the British cowboy" Woodfield
2011 blonde MTT League August Champion 2011 UK Team Championships: Black Belt Poker Team Captain - - runners up - - 5 Star HORSE Classic - 2007 Razz Champion 2007 WSOP Razz - 13/341
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rossfourfive
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« Reply #76 on: September 17, 2008, 03:26:34 PM » |
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£35K mole.
I totally agree with you Laz, and if nobody panicked in situations like this there would be no problem, but would you take the risk?
risk is minimal imo, as long as everyone keeps their money with them.
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phatomch
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« Reply #77 on: September 17, 2008, 04:56:13 PM » |
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well thay have closed of part of the company The Mortgage Buisness (tmb) today and made 425 people redundant. source please? cant remember now prob one of the emails i get at work everyday
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sovietsong
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« Reply #78 on: September 17, 2008, 05:08:35 PM » |
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Bank of England and the government wouldn't let it go under - no risk
They probably wont but I doubt i'd take the risk.
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In the category of Funniest Poster I nominate sovietsong. - mantis 21/12/2012
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the mole
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« Reply #79 on: September 17, 2008, 05:50:23 PM » |
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Whats the best way to buy these shares? sorry for being so naive but i am really interested as i think this looks like buying money
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Robert HM
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« Reply #80 on: September 17, 2008, 06:44:01 PM » |
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WYSINWYG
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« Reply #81 on: September 17, 2008, 06:52:17 PM » |
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Whats the best way to buy these shares? sorry for being so naive but i am really interested as i think this looks like buying money
Barclays quite good for UK stocks. http://www.stockbrokers.barclays.co.uk/
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They pull a knife, you pull a gun. He sends one of yours to the hospital, you send one of his to the morgue.
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the mole
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« Reply #82 on: September 17, 2008, 08:16:14 PM » |
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WYSINWYG
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« Reply #83 on: September 17, 2008, 08:19:08 PM » |
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I have had enough of all these scary bank stories, can't trust any of them any more. Have withdrawn all my savings herewith and deposited them into my UB account.
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They pull a knife, you pull a gun. He sends one of yours to the hospital, you send one of his to the morgue.
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WYSINWYG
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« Reply #84 on: September 17, 2008, 08:20:50 PM » |
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Also let's not forget the bank employees, the real victims in all of this. How do they cope?
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They pull a knife, you pull a gun. He sends one of yours to the hospital, you send one of his to the morgue.
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boldie
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« Reply #85 on: September 17, 2008, 09:06:12 PM » |
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 ..that was good. Heard a great interview on the radio with a manager at Lehmans in the UK yesterday he said "We'll be fine, we are managers and we'll always find something new in Finance...it's the footsoldiers that you should feel sorry for." Oh my...
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Give a man a gun and he can rob a bank, give a man a bank and he can rob the world.
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henrik777
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« Reply #86 on: September 17, 2008, 09:57:07 PM » |
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http://news.bbc.co.uk/1/hi/business/7622180.stmLloyds TSB is to merge with HBOS, creating a banking giant which will hold a third of the UK's savings and mortgage market. Both firms' boards have agreed to a deal, at a price of 232p per HBOS share following talks. The deal should calm uncertainty about the strength of Halifax-Bank of Scotland after a run on its shares. The deal is set to be formally announced on Thursday morning, says BBC business editor Robert Peston. The talks between the two banks were first reported by the BBC earlier on Wednesday. Sandy
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pokerfan
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« Reply #87 on: September 17, 2008, 10:01:38 PM » |
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http://news.bbc.co.uk/1/hi/business/7622180.stmLloyds TSB is to merge with HBOS, creating a banking giant which will hold a third of the UK's savings and mortgage market. Both firms' boards have agreed to a deal, at a price of 232p per HBOS share following talks. The deal should calm uncertainty about the strength of Halifax-Bank of Scotland after a run on its shares. The deal is set to be formally announced on Thursday morning, says BBC business editor Robert Peston. The talks between the two banks were first reported by the BBC earlier on Wednesday. Sandy it has been described in some parts of the press as a shotgun marriage.What a steal for Lloyds either w ay
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lazaroonie
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« Reply #88 on: September 18, 2008, 09:09:20 AM » |
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and completely unnecessary imho.
i fail to see what was wrong with the business. i think these traders who "short" the price have got a lot to answer for. and who is to say they wont turn their guns on LTSB/HBOS next ?
it is my view that a few, well placed individuals are getting obscenely rich on the back of this so called credit crunch, and taking advantage of the lack of confidence to drive the prices down. Since time began news of banks failing has been the greatest self fulfilling prophecy ever.
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Jon MW
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« Reply #89 on: September 18, 2008, 09:16:25 AM » |
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...
i fail to see what was wrong with the business. i think these traders who "short" the price have got a lot to answer for. and who is to say they wont turn their guns on LTSB/HBOS next ? ...
The new bank will have about a third of Britain's mortgages - they can do whatever they want because that could never, ever fail
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Jon "the British cowboy" Woodfield
2011 blonde MTT League August Champion 2011 UK Team Championships: Black Belt Poker Team Captain - - runners up - - 5 Star HORSE Classic - 2007 Razz Champion 2007 WSOP Razz - 13/341
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