Originally posted by diseasex
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Reply to: Scrap Banking Guarantees for Savers
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Previously on "Scrap Banking Guarantees for Savers"
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Originally posted by diseasex View PostId merry him if that was more than 75k
He's loaded btw.
Great fun, to play cupid, once more
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Originally posted by DimPrawn View PostAmen, and you stand to lose a lot more than £75K.
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Originally posted by MrMarkyMark View PostThe banks won't have to pay us back, our money, if (when) they feck up.
Therefore the government won't have to bail them out.
Win Win
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Originally posted by diseasex View PostHow exactly would that help economy? So banks could take more risks and don't have to contribute to that security fund ?
Therefore the government won't have to bail them out.
Win Win
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How exactly would that help economy? So banks could take more risks and don't have to contribute to that security fund ?
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Originally posted by vetran View Posthence the £1m total when there are 155 banks suitable for PRA finding 15 that aren't linked should be reasonably easy. Also as I have a wife the amount doubles if we have a joint account. So £150k is possible per bank account. Happy for you to pay me a £5 a month to sit on your cash. It might not be there when you get back.
Big banks like Lloyds won't go bust without bailout, as long as property prices go up and up, like they always do, especially in Birmingham...
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Former Co-op Bank executives banned from senior financial roles - BBC News
The Co-op Bank came close to collapse in 2013.
In addition to the bans, the PRA fined Mr Tootell £173,802 and Mr Alderson was fined £88,890.
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Originally posted by The Spartan View PostSure am everyone needs good quality sleep
HTH.
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Originally posted by AtW View PostGuarantee is per banking license - a number of "banks" now work under umbrella of same group with a single banking license, so you might be in for a surprise thinking you had it all covered...
A better way of doing it is this: pay some bum on a street a fiver a month for him to keep deposit in his name. Perhaps some some mobile based aggregation service for bums to provide such services could be my plan B...
Happy for you to pay me a £5 a month to sit on your cash. It might not be there when you get back.
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Originally posted by MrMarkyMark View PostWhat you are going back to selling duvets?
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Originally posted by The Spartan View PostIf all else fails it's back to this for me
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