I'm on a roll here!
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Boomed! - Just bought a load of HBOS ...
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Originally posted by Cyberman View PostThese funding allowances by the BofE are special measures."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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more misery, looking like tough times ahead until the dust settles
looking in region of 4800-4900 until mid next week then upto 5100, slowly creeping up to 5400 inside a few weeks
UNTIL the next one fallsComment
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Originally posted by DaveB View PostBecause the LIBOR rate has rocketed following the Lehmans collapse and that £20 billion was only made available Today. It has no relevence at all to anything prior to that.
The central banks are injecting cash into the markets to help ensure liquidity in the face of rising rates, not to shore up individual institutions.
The Central Banks have been pumping additional funding into the markets for the past 18 MONTHS, except for the BofE that only did so a year ago after the Northern Rock debacle. I repeat, you are in denial.Comment
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Originally posted by JoJoGabor View PostHave you sold yet?
Looks like an expensive champagne supper today....Hard Brexit now!
#prayfornodealComment
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Originally posted by Moscow Mule View PostNo, it's what a central bank does.Comment
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Originally posted by sasguru View PostNo will sell at 190
Looks like an expensive champagne supper today....The mind is its own place, and in itself, can make a Heaven of Hell, a Hell of HeavenComment
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Originally posted by Cyberman View PostIt's what a Central Bank should do as Lender of the Last Resort and other Central Banks have been doing, but unfortunately the BofE refused to do until after the Northern Rock debacle.
There's a really good training course you can go on called "How the City Works" or something like that. Perhaps you would benefit from attending?"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Moscow Mule View PostYou're confusing loans of last resort etc with the normal funding/lending processes of running a central bank.
There's a really good training course you can go on called "How the City Works" or something like that. Perhaps you would benefit from attending?
T'would be like a cold draft of air passed right over his headHard Brexit now!
#prayfornodealComment
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