Confidence will not be restored anytime soon

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Cyberman replied

13 October 2008, 09:35
Originally posted by PAH View Post

It's all going tits up.

What's all this about Barclays needing support (along with 3 other banks if various news items on the web are to be believed), just days after apparently having the ability to offer to buy Lehman and his brother?

Did somebody's cheque bounce?

Ever heard of a 'smokescreen' ? Banks do everything to try to protect their SP and thus their credit-rating which allows them to borrow.
Leave a comment:
BrilloPad replied

13 October 2008, 09:15
Originally posted by Stan.goodvibes View Post

Its just these kind of comments that are contributing to the lack of confidence

;-)

nice sarcasm! I also believe that 125% ltvs had nothing to do with it......
Leave a comment:
Cyberman replied

13 October 2008, 09:10
.. and Northern Rock shareholders will not get compensation because they will be valued as bust, when just about every major bank has been given a much bigger loan than they ever wanted. The whole package is one year too late.
Leave a comment:
AlfredJPruffock replied

13 October 2008, 08:56
Originally posted by PAH View Post

It's all going tits up.

What's all this about Barclays needing support (along with 3 other banks if various news items on the web are to be believed), just days after apparently having the ability to offer to buy Lehman and his brother?

Did somebody's cheque bounce?

It may be something to do with the fact that they turned my loan application down last month.

The cheek of them.

May the curse of Pruffock be upon them.
Leave a comment:
Stan.goodvibes replied

13 October 2008, 01:37
Originally posted by PAH View Post

It's all going tits up.

Its just these kind of comments that are contributing to the lack of confidence

;-)
Leave a comment:
DiscoStu replied

12 October 2008, 21:30
Originally posted by PAH View Post

It's all going tits up.

What's all this about Barclays needing support (along with 3 other banks if various news items on the web are to be believed), just days after apparently having the ability to offer to buy Lehman and his brother?

Did somebody's cheque bounce?

I think DimPrawn moved his account to a different bank, leaving them dangerously short of cash.
Leave a comment:
PAH replied

12 October 2008, 21:26
It's all going tits up.

What's all this about Barclays needing support (along with 3 other banks if various news items on the web are to be believed), just days after apparently having the ability to offer to buy Lehman and his brother?

Did somebody's cheque bounce?
Leave a comment:
BrilloPad started a topic Confidence will not be restored anytime soon

12 October 2008, 18:35
Confidence will not be restored anytime soon

http://news.bbc.co.uk/1/hi/uk_politics/7665645.stm

UK Prime Minister Gordon Brown has said he believes confidence in the banking system will be restored by global action "in the next few days".

HTH
Tags: None