Sterling seems to correcting itself rather nicely:
http://newsvote.bbc.co.uk/2/shared/f...hree_month.stm
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Previously on "Why should the taxpayer be bailing-out Northern Rock?"
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Oh no... now rates might drop again by the end of the year.
http://money.uk.msn.com/specials/int...mentid=6174313
Just when the market was starting to level out... welcome back house price inflation!
No one wants to let the market sort itself out do they?
Amateurs...
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Originally posted by XLMonkey View PostThis whole thing reminds me of "Extraordinary Delusions and the Madness of Crowds" (http://www.amazon.com/Extraordinary-...s/dp/051788433).
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Originally posted by AlfredJPruffock View PostOne approach would be to dissolve all Banks and Building societies in the UK ( to all extents and purposes they are a cartel ) and instead have only one Central Government Bank - each bank account would then be indexed by your National Insurance Number.
Which is the worse crime - to rob a bank - or to own one ?
Brecht The Threepenny Opera
Noun 1. mortgage holder - the person who accepts a mortgage; "the bank became our mortgagee when it accepted our mortgage on our new home"
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Originally posted by DBA_bloke View PostBeing a complete financial tit, I have no idea if that's stupid, or clever. So, I'll draw all my money out of my accounts now, to be safe. If the Great British public hear of such an idea, there'll be another run, or something.
It wpuld give the government the perfect excuse to go for the Euro. All that mattress money would have to be exchanged at whatever rate is deemed suitable, or become worthless.
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Originally posted by Hevra View PostMust lrn2read, I was confused as to why the Dutch government would be sticking their oar in...
Hevra
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Originally posted by AlfredJPruffock View PostOn behalf of the NL Government I would lile to categorically deny any allegations of sleaze - besides - that was then - this is now.
Hevra
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Originally posted by wendigo100 View PostNot more sleaze, surely?
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blair
http://news.bbc.co.uk/1/hi/business/7002628.stm
BoE injecting another £10bn of money into the markets and accepting sub-prime derived mortgages as collateral.
Oh Dear ™ ?
the taxpayer will be paying Tony blair reckless management of this country. the guy has now left and is leaving the mess to sort out for the following.
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Originally posted by King Cnvt View Posthttp://news.bbc.co.uk/1/hi/business/7002628.stm
BoE injecting another £10bn of money into the markets and accepting sub-prime derived mortgages as collateral.
Oh Dear ™ ?
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http://news.bbc.co.uk/1/hi/business/7002628.stm
BoE injecting another £10bn of money into the markets and accepting sub-prime derived mortgages as collateral.
Oh Dear ™ ?
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Nr
they are afraid of a UK banking system collapse, thats why they are bailing them out ! (for a central banker, queues in front of banks are nightmare)
queues in front of banks in UK like this didnt happen since 1973 or even 1929
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Originally posted by Addanc View Post"New Labour's favourite think-tank and source of policy ideas has confirmed it received funding from Northern Rock.
IPPR has yet to get back to Guido, so am as yet unable to confirm that they received hundreds of thousands of pounds in donations from Northern Rock."
If it smells like it, feels like it then it must be ...
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Originally posted by Guido++ Source : IPPR Think-Tank Got "Massive" Donations from Northern Rock++
New Labour's favourite think-tank and source of policy ideas has confirmed it received funding from Northern Rock.
IPPR has yet to get back to Guido, so am as yet unable to confirm that they received hundreds of thousands of pounds in donations from Northern Rock. Reminds Guido of how generous Enron was with political donations before the end...
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