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!
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Reply to: RBS & Barclays may get £45 billion
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Previously on "RBS & Barclays may get £45 billion"
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Originally posted by TimberWolf View PostI 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
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Remember HBOS.....
Originally posted by NetwkSupport View Postbarclays arent requesting any capital, i think all this hear say is worsening the issue
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Originally posted by Cyberman View Post.......
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.
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Originally posted by AtW View PostAny such bailout should be done with execs going to jail pending trial.
http://www.dailymail.co.uk/news/arti...-collapse.html
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Originally posted by AtW View PostIt'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.
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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.
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Originally posted by AtW View PostI 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.
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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.
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barclays arent requesting any capital, i think all this hear say is worsening the issue
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Originally posted by rootsnall View PostBail 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.
You didn't really think that eliminating cash was for your convenience, did you?Last edited by Sysman; 7 October 2008, 10:42.
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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.
Leave a comment:
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