Originally posted by TonyEnglish
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Reply to: No Need to Panic
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Previously on "No Need to Panic"
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Originally posted by DodgyAgent View PostI have today written a letter to Northern Rock announcing that due to a run on my finances (too many lap dancing clubs, hookers, booze and a new Ferrari) I have had to default on my mortgage payments. In my letter I gave them the UK treasury's telephone number and said that they would pay all future instalments
I like this credit thing, now what about that villa in Portugal?
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I have today written a letter to Northern Rock announcing that due to a run on my finances (too many lap dancing clubs, hookers, booze and a new Ferrari) I have had to default on my mortgage payments. In my letter I gave them the UK treasury's telephone number and said that they would pay all future instalments
I like this credit thing, now what about that villa in Portugal?
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Originally posted by Old Greg View PostWhoops - Alliance and Leicester shares down 31%. Best get onto their website while you can or get in that branch queue. Although I'm sure it will all be fine
You cannae buck the Markets !
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TonyEnglish, Interactive investor is a good site to buy and sell.. £10 a trade.
Fine if it's just for a punt, although they were 10% up at the bell, NRK still seems far too volatile for any sort of investment right now!
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As was only slightly ironically observed on Newsnight yesterday, why would anyone buy UK government bonds when you can get 6.9% at Northern Rock, 100% underwritten by the UK taxpayer?
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lol - they are up 10% today already. The govt are backing them (probably not a good sign). But I figured as the basis for a very short term punt they would be worth a bet - It's either them or Liverpool in the game tonight
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Tony,
if you are that eager to throw good money away, whey not jsut send it to me.
Thanks,
Milan.
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I predict the shares will rise a bit and then fall again in the coming weeks when more financial institutions reveal the extent of their losses due to sub-prime derived debts.
I for one will not be putting my hard earned into shares in banks.
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I'm thinking of having a punt on NR now that the shares have had a big hit - anybody know any easy way to buy shares? Online preferably.
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