What should be done? See poll.
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Saving the banks poll
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Saving the banks poll
35Save the banks with trillions ££ of tax-payers money and watch the City bonuses mushroom.8.57%3Let them fail and rescue the customers only.68.57%24AndyW is a total banker.22.86%8 -
How do you let them fail, what do you do with all the bonds and debts etc? Setting up a new organization to sort them out would surely take years?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
What will happen is that HMG will gradually nationalise all banks and effectively own most property in the UK for zilch. The spin all along says that it is costing the taxpayer which the stupid average taxpayer believes, so it's a no-brainer for New Lie.Comment
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The help for the customers should be limited too. Why should someone with a large deposit with a dodgy bank get the benefits when things go well but are protected when things go bad?How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by HairyArsedBloke View PostThe help for the customers should be limited too. Why should someone with a large deposit with a dodgy bank get the benefits when things go well but are protected when things go bad?Comment
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Fook em... As long as the hard working savers are protected. Stuff the shareholders... Their risk...Comment
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Originally posted by badger7579 View PostFook em... As long as the hard working savers are protected. Stuff the shareholders... Their risk...If you've got a problem and no one else can help, and if you can find him, maybe you can hire...Gordon Brown ...( cue music )Comment
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Originally posted by Gordon Brown View PostHard working savers.... hmm, I might use that one in my next speech.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by TimberWolf View PostExactly, the poll is flawed and biased. Investors (i.e. depositors) should loose out and borrowers depts would be written off. Seems fair and capitalist to me. And for that reason I'm out.
Investors own the bank, until the govt takes it away from them. When it does so, it removes from them the option of holding on to realise any remaining value later. You could say that it compulsorily shorts them.
Oh, and loose out lose out.Comment
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