Sub prime, PANIC!
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The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.” -
No it wasn't just a tech glitch. I was monitoring real time prices at the time.
The price actually hit 442, down 9.1% when trading was halted. There was no news about this. I think trading opened again about 15 minutes later. It's going back up now.
I was looked at taking a long position on a covered warrant but it's typical of Societe Generale to halt all trading on these when there is the possibility of anyone making any money from them.Comment
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Tazman, you should write a financial tips article on this very siteThe court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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Time to buyOriginally posted by AtW View PostYes it is all very technical - they are going bust or something... PANIC!
Hard Brexit now!
#prayfornodealComment
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FT has the story atm
"Rumours swept the market mid-morning that Barclays could be exposed to a further £10bn of subprime exposure, sending its shares down 5.8 per cent to 455¼p.
“There is some talk doing the rounds that Barclays have suffered big losses in the credit market crisis, with figures of £10 billion worth of write-downs being whispered,” said Martin Slaney, head of spread betting at GFT Global Markets.
"If that were true we could expect at least 15 per cent of Barclays’ value to be wiped off.""Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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Oh dear, this is terrible.
I mean, that's got to be at least one bottle of Cristal less at the AGM, surely ?Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.
C.S. LewisComment
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There are some bright sparks who work at these top banks, there's no way they would have been lending irresponsibly. Boomed!The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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If they are anything like sasguru then we are all screwedOriginally posted by Bagpuss View Post
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Literally or figuratively ?Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.
C.S. LewisComment
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It depends on whether you lost your investments or you actually owe a lot of money to someone else who will send big debt collectors around to collect the debtOriginally posted by Board Game Geek View Post
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