Let the free market rip!

[sasguru]

OK, but how about the savers who've lost everything? Do they have to start all over again?

Are there that many savers who have lost everything?
I'm sorry but people who put their money in Icelandic banks offering huge interest rates are guilty of not heeding the cardinal rule of money: "nothing's free, if it seems too good to be true, it certainly is"

[Mich the Tester]

Me too, but I said savers should lose their money as borrows should lose their debts. Of course those with savings here hated the idea, saying putting money in the bank is not investing, etc. Yawn.

Well I rather object to my admittedly not very hard earned money being used to bail out the profligate people who’ve always lived beyond their means.

[Doggy Styles]

Me too, but I said savers should lose their money as borrows should lose their debts.

Did you really say that?

[Mich the Tester]

Are there that many savers who have lost everything?
I'm sorry but people who put their money in Icelandic banks offering huge interest rates are guilty of not heeding the cardinal rule of money: "nothing's free, if it seems too good to be true, it certainly is"

You do have a point there, but right now even the so-called 'reputable' banks have screwed up; HSBC, RBS, UBS.

[DimPrawn]

Well I rather object to my admittedly not very hard earned money being used to bail out the profligate people who’ve always lived beyond their means.

If Brown and Co allow my savings to vanish in UK banks, I would go on a killing spree of every Labour MP I could get my hands on.

[Ravello]

If Brown and Co allow my savings to vanish in UK banks, I would go on a killing spree of every Labour MP I could get my hands on.

That's a lot of effort for your £17.60

[Mich the Tester]

If Brown and Co allow my savings to vanish in UK banks, I would go on a killing spree of every Labour MP I could get my hands on.

You're not planning to do this on your own are you?

[KentPhilip]

I have been doing a lot of thinking recently

That's not allowed on CUK.
100 points have been deducted from your post count as a punishment.

[Doggy Styles]

If Brown and Co allow my savings to vanish in UK banks, I would go on a killing spree of every Labour MP I could get my hands on.

Would you have sex with any of them first?

[TimberWolf]

Did you really say that?

I think so, or something along those lines.