Saving the banks poll

[Bob Dalek]

A few bankers' heads on spikes at The Tower would soon put the whole financial sector on track... instead, bonuses all round.

[HairyArsedBloke]

A few bankers' heads on spikes at The Tower would soon put the whole financial sector on track... instead, bonuses all round.

Government Ministers

[Diver]

I think that all bank staff/Bankers should be forced to pay back all bonuses received in the last two years. and all future bonuses should be held over for a minimum of 5 years assessment to see if they have truly been earned.

[Cyberman]

In future I would suggest that proper valuations are done on properties to avoid the embarrassment of handing out 1.5 Million pound loans on 100,000 pound houses.

I would also suggest that proof of income and ability to pay the monthly instalments is a prerequisite for a loan, and that banks can only lend what they have in deposits, just like HSBC have achieved.

In other words, lets go back to the days of commonsense when we had a Tory administration and get rid of the current dimwits.

[expat]

In future I would suggest that proper valuations are done on properties to avoid the embarrassment of handing out 1.5 Million pound loans on 100,000 pound houses.

I would also suggest that proof of income and ability to pay the monthly instalments is a prerequisite for a loan, and that banks can only lend what they have in deposits, just like HSBC have achieved.

In other words, lets go back to the days of commonsense when we had a Tory administration and get rid of the current dimwits.

OMG you keep excelling your previous trol.... contributions.

Mortgage lenders' profligacy is the fault of the Labour Government? Explain please.


BTW HSBC have loan/deposit ratio about 1.7 IIRC, so they haven't achieved what you suggest.

[Cyberman]

OMG you keep excelling your previous trol.... contributions.

Mortgage lenders' profligacy is the fault of the Labour Government? Explain please.


BTW HSBC have loan/deposit ratio about 1.7 IIRC, so they haven't achieved what you suggest.

HMG are responsible because they have allowed this profligacy over the past decade. I was discussing this subject with friends almost two years ago and suggesting that credit controls should be tightened because it was obvious that people were living beyond their means and remortgaging to pay debts. It should not have been beyond the wit of New Lie and the regulators to see this bust looming.

[expat]

HMG are responsible because they have allowed this profligacy over the past decade. I was discussing this subject with friends almost two years ago and suggesting that credit controls should be tightened because it was obvious that people were living beyond their means and remortgaging to pay debts. It should not have been beyond the wit of New Lie and the regulators to see this bust looming.

As compared with the Tories, famous for prudent regulation of business?

ISTM that actually the offending deregulation took place during the reign of The Blessed Maggie.