tag:blogger.com,1999:blog-2526736757651414061.post6178113431964887320..comments2024-03-17T19:13:59.371+00:00Comments on Nigeness: 'Calamitously Stupid'Nigehttp://www.blogger.com/profile/13314891387515045404noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2526736757651414061.post-86850931918081913622008-08-08T21:02:00.000+01:002008-08-08T21:02:00.000+01:00Exactly right susan, treat your bank manager like ...Exactly right susan, treat your bank manager like the neighborhood pedo and you can't go wrong, why not keep the dosh in grannies chest?maltyhttps://www.blogger.com/profile/02936465848907794425noreply@blogger.comtag:blogger.com,1999:blog-2526736757651414061.post-90311383059635936512008-08-08T20:40:00.000+01:002008-08-08T20:40:00.000+01:00Don't trust banks. I don't. Well, I mean, I don't ...Don't trust banks. I don't. Well, I mean, I don't keep my money in a sock under my mattress, but I do have a very healthy skepticism about banks/bankers. Their greed here in the U.S. is why the housing market is crashing and people are losing their homes. They loaned money when they should not have; now people with quite good credit will find it hard to get a loan. Hub and I have *excellent* credit, but could not refinance our house recently because we are both self-employed. Is that stupid, or what? <BR/><BR/>Extremes again. Loan money to anyone or, at the other extreme, no one. Well, no, I take that back. Banks have always been happy to loan money to those who don't need it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2526736757651414061.post-66623319483855322962008-08-08T19:10:00.000+01:002008-08-08T19:10:00.000+01:00Nige, not even the old Midland bank in Sutton high...Nige, not even the old Midland bank in Sutton high St.<BR/>Re RBS, just heard a good 'un on the BBC Scotland Evening news. "RBS, of course are still safe, savers money is secure, as is BORROWERS," fool that I am for asking, if you've borrowed off 'em and presumably spent it and not yet repayed it? Only the BBC could come up with a lulu like that.maltyhttps://www.blogger.com/profile/02936465848907794425noreply@blogger.comtag:blogger.com,1999:blog-2526736757651414061.post-55514016619184170892008-08-08T18:34:00.000+01:002008-08-08T18:34:00.000+01:00And of course you're right Recusant - would they h...And of course you're right Recusant - would they have rescued Southern Rock? Would they heck...Nigehttps://www.blogger.com/profile/13314891387515045404noreply@blogger.comtag:blogger.com,1999:blog-2526736757651414061.post-499090056307120192008-08-08T18:32:00.000+01:002008-08-08T18:32:00.000+01:00Sounds lovely Malty - should have stayed there. Th...Sounds lovely Malty - should have stayed there. The world's just too annoying...Nigehttps://www.blogger.com/profile/13314891387515045404noreply@blogger.comtag:blogger.com,1999:blog-2526736757651414061.post-35990825027986328172008-08-08T18:18:00.000+01:002008-08-08T18:18:00.000+01:00For 10 years now we have been lectured by the Scot...For 10 years now we have been lectured by the Scotsman newspaper on the merits of the Edinburgh financial services mob, good honest industry led by upright clean living men / women of honour, in particular the RBS head Dellboy, Fred whatisname has been hailed, on a daily basis as a model of intelligence and prudence. Bollocks, he's the same greedy, hookey little scroat as the rest of his obscene breed. All coming home to roost now, off with their heads. And their snotty nosed managers, all Blackberry and bottom of the range three series with the badge removed, you know who I mean. You've started me off again Nige, oh yes you have.<BR/>Nice day at the beach today though, azure skies, oyster catchers, cold Guinness and crab sandwiches.maltyhttps://www.blogger.com/profile/02936465848907794425noreply@blogger.comtag:blogger.com,1999:blog-2526736757651414061.post-23054141023213335442008-08-08T13:41:00.000+01:002008-08-08T13:41:00.000+01:00But of course we can let them pay they price. Nort...But of course we can let them pay they price. Northern Rock should have been allowed to go the wall. Deposit insurance would have looked after the vast majority of depositors and its assets, in the form of all those mortgages, could have been sold for whatever price they could get for them. Meanwhile the shareholders would have been cleaned out. The reason that didn't happen was political: Labour was not prepared to pay the price in the North East.<BR/><BR/>So State Supported Capitalism 1 - Free Markets 0.Anonymousnoreply@blogger.com