DOOMED! Major Bank to go under?

[oracleslave]

ummmmm..... I do not suppose for one moment that it is a bit of scaremongering to panic shareholders into selling shares so that a hedge fund can pick them up even more cheaply !!

How come you didn't manage to promote the Tories as our saviour in waiting in that post

[BrilloPad]

ummmmm..... I do not suppose for one moment that it is a bit of scaremongering to panic shareholders into selling shares so that a hedge fund can pick them up even more cheaply !!

So Paul Mason=sasguru? I wonder which stock he is shorting?

[Cyberman]

ummmmm..... I do not suppose for one moment that it is a bit of scaremongering to panic shareholders into selling shares so that a hedge fund can pick them up even more cheaply !!

[oracleslave]

I liked the disclaimer on the end

"A final note on all this: I am not a banking analyst and I can only go off what the experts tell me, and to report what I hear. I am not saying there's going to be a banking collapse and I have no inside knowledge. There are many checks and balances in the system and the regulators are patrolling like Bondi lifesavers at shark feeding time. Do not take any decisions on the basis of what I write: it's only meant to aid understanding of the financial, regulatory and political news as it develops. If you think different or know better, please hit the comment button and set me straight!"

I think I might borrow it.

[DimPrawn]

Stick poll up and we'll have a sweepstake on which one is going the way of Northern Rock.

This time next year, we'll all own a small piece of every UK bank. Thank god for taxpayers, that's all I can say. Whatever they might be.

[sasguru]

http://www.bbc.co.uk/blogs/newsnight...ecome_foc.html