Reply to: RBS & Barclays may get £45 billion

[merv]

Branson on BBC News

Sir Dick is on there now saying there is a real risk of RBS toppling. He also said that Virgin Atlantic have tried to move a 'few hundred million' to a safer location, however 'the bank' came up with some small print in their terms to prevent them from doing so!

[AtW]

I must admit I wouldn't mind seeing this guy put in jail and his assets seized.

http://www.dailymail.co.uk/news/arti...-collapse.html

I think he might end up there actually.

[AtW]

i think that would be a truly disastrous thing to do.

For HBOS yes.

[merv]

Remember HBOS.....

barclays arent requesting any capital, i think all this hear say is worsening the issue

Just a couple of weeks ago, the HBOS chairman was fiercely denying any problems, just an hour or so later, the real story came out and it emerged that he's been in talks with Lloyds all day and the deal was done. He must have popped out of the meeting with them to deny anything was happening!!!

[Peoplesoft bloke]

.......

HMG will part-nationalise because it is in their blood and in the long-run they will make tens of billions to fill the empty coffers.

Won't that be a good thing for the incoming Tory administration? They'll get the income and the kudos when they re privatise them?

[DS23]

I just hope Lloyds TSB abandons stupid purchase they made

i think that would be a truly disastrous thing to do.

[TimberWolf]

Any such bailout should be done with execs going to jail pending trial.

I must admit I wouldn't mind seeing this guy put in jail and his assets seized.

http://www.dailymail.co.uk/news/arti...-collapse.html

[Cyberman]

It's funny how UK would not find a few billions to save Rover and other companies (even if to sell them for £1 to Japanese or Chinese) but suddenly huge amounts are spent to bail out buddies from the City.

Any such bailout should be done with execs going to jail pending trial.

You cannot equate a car company with banks that keep the whole economy in operation. I thought you had more intelligence than that.

[AtW]

It's funny how UK would not find a few billions to save Rover and other companies (even if to sell them for £1 to Japanese or Chinese) but suddenly huge amounts are spent to bail out buddies from the City.

Any such bailout should be done with execs going to jail pending trial.

[Cyberman]

I just hope Lloyds TSB abandons stupid purchase they made

That purchase was only with the aid of HMG guarantees and funding. HBOS were still going to be in trouble, and this could have brought Lloyds down.

HMG will part-nationalise because it is in their blood and in the long-run they will make tens of billions to fill the empty coffers.

[AtW]

I just hope Lloyds TSB abandons stupid purchase they made

[Cyberman]

This makes me laugh when we look back a year and Northern Rock wanted a 10 Billion loan but was refused by Mervyn King due to 'moral hazard', when the Rock had no US subprime but was hamstrung by closed moneymarkets. It shows the real incompetence of this government!!

The Rock now only owes what it lost in bank deposits because of a run CAUSED by HMG and the BofE, and should never have been nationalised.

[NetwkSupport]

barclays arent requesting any capital, i think all this hear say is worsening the issue

[Sysman]

Bail them out if the taxpayer is going to get a good deal and own the banks BUT one suspects ( knows ! ) we'll get a tulip deal and Gordo and Co will be sitting on the bank boards in a year or two on a decent whack.

And with access to everyone's financial data.

You didn't really think that eliminating cash was for your convenience, did you?

[rootsnall]

Bail them out if the taxpayer is going to get a good deal and own the banks BUT one suspects ( knows ! ) we'll get a tulip deal and Gordo and Co will be sitting on the bank boards in a year or two on a decent whack.