_w_ Posted September 5, 2011 Share Posted September 5, 2011 You've got to hand it to the bankers/liebour government. They did what we thought they couldn't do...keep the bubble going....for a while. Now now, don't be unfair to the bankers/conlib government. They're doing a pretty good job of it so far... Quote Link to comment Share on other sites More sharing options...
leicestersq Posted September 5, 2011 Share Posted September 5, 2011 RBS is a horse that is trying to die. They are just putting it on life support at taxpayers expense, and won't let it pop its horseshoes. Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted September 5, 2011 Share Posted September 5, 2011 RBS is a horse that is trying to die. They are just putting it on life support at taxpayers expense, and won't let it pop its horseshoes. Can they just do a Damien Hurst on it.. Quote Link to comment Share on other sites More sharing options...
leicestersq Posted September 5, 2011 Share Posted September 5, 2011 Good job all my shares are in the ftse. I wouldn't want to be in the CAC. I will get my coat. Quote Link to comment Share on other sites More sharing options...
Terribad Posted September 5, 2011 Share Posted September 5, 2011 Good job all my shares are in the ftse. I wouldn't want to be in the CAC. I will get my coat. Well if you think DAX bad, you should see the German index. Down to 52 week lows. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 5, 2011 Share Posted September 5, 2011 The FTSE is moving all by itself - I mean, it's master the DOW is not even open and the FTSE is going down. Quote Link to comment Share on other sites More sharing options...
Terribad Posted September 5, 2011 Share Posted September 5, 2011 The FTSE is moving all by itself - I mean, it's master the DOW is not even open and the FTSE is going down. DOW futures>FTSE Quote Link to comment Share on other sites More sharing options...
Monkey Posted September 5, 2011 Share Posted September 5, 2011 No doubt every counterparty of RBS fully expects to get 100p on each pound that RBS owes it. The taxpayers will pick up the tab, even if it destroys the economy. 110p, + bonuses Quote Link to comment Share on other sites More sharing options...
South Lorne Posted September 5, 2011 Share Posted September 5, 2011 The FTSE is moving all by itself - I mean, it's master the DOW is not even open and the FTSE is going down. ..the Banks weightings are driving the fall ..with RBS down 10%+ so far...at present... Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 5, 2011 Share Posted September 5, 2011 Interesting piece by James Fergusson at Moneyweek (halfway down the page): We're heading for a double-dip - so buy gilts http://www.moneyweek.com/news-and-charts/economics/global/how-to-survive-the-big-slowdown-54920 So it’s clear that the vast ‘Keynesian’ (how he must be turning in his grave) borrow-and-spend plan just isn’t working. However, it’s all we’ve got. So when Western governments start to turn off the fiscal tap as we go into the end of this year, GDP growth will slump. Unless, that is, the private sector can ‘crowd in’ to fill the gap left by public-sector spending.The trouble is, we know that can’t happen. That’s because, after a banking crisis, while the banks are still suffering a deficit of capital, they are forced to shrink lending. That in turn forces the rest of the private sector to save more out of falling incomes. So any meaningful fiscal slowdown from the current anaemic growth rates on show across the developed world implies nothing less than widespread ‘double-dip’ recession. Quote Link to comment Share on other sites More sharing options...
Paul77 Posted September 5, 2011 Share Posted September 5, 2011 On the other hand, fancy a high return, short term investment? Click here for details Quote Link to comment Share on other sites More sharing options...
rantnrave Posted September 5, 2011 Share Posted September 5, 2011 The market slide has now got a mention on the BBC news site front page... Quote Link to comment Share on other sites More sharing options...
newbie Posted September 5, 2011 Share Posted September 5, 2011 110p, + bonuses Sorry, I stand corrected. Taxpayers need to compensate them for the trauma of almost losing their money on the basis of their own poor business judgment. And anyone involved on the counterparty and RBS sides needs bonuses for their hard work. Quote Link to comment Share on other sites More sharing options...
crash2006 Posted September 5, 2011 Share Posted September 5, 2011 ..the Banks weightings are driving the fall ..with RBS down 10%+ so far...at present... Going to buy more stocks barc seems good while everyone off loads there share i see it as a good opportunity ,anything under 160 for barclays is a good buy. Quote Link to comment Share on other sites More sharing options...
newbie Posted September 5, 2011 Share Posted September 5, 2011 Going to buy more stocks barc seems good while everyone off loads there share i see it as a good opportunity ,anything under 160 for barclays is a good buy. Or perhaps a 'goodbye'? Quote Link to comment Share on other sites More sharing options...
South Lorne Posted September 5, 2011 Share Posted September 5, 2011 Going to buy more stocks barc seems good while everyone off loads there share i see it as a good opportunity ,anything under 160 for barclays is a good buy. ...is your second name Diamond....?... Quote Link to comment Share on other sites More sharing options...
Terribad Posted September 5, 2011 Share Posted September 5, 2011 Lord Sugar has stolen a hpc account Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 5, 2011 Share Posted September 5, 2011 Lord Sugar has stolen a hpc account PMSL. Quote Link to comment Share on other sites More sharing options...
plummet expert Posted September 5, 2011 Share Posted September 5, 2011 (edited) I'd've thought it's more likely the ECB and IMF leaving Greece in a huff, plus the Italians not implementing the austerity measures they've sort of said they would. Just wait 'til Italy has to refinance 167 billion Euros of debt this month. How will that go? Anyone want to buy them or have theri pension fund buy their bonds?.......thought not Has anyone noticed that houses with sold signs all seem to be coming back on for sale again! Some are up for rent and sale too! incresing the rental stock..oh joy.. Edited September 5, 2011 by plummet expert Quote Link to comment Share on other sites More sharing options...
Little Professor Posted September 5, 2011 Share Posted September 5, 2011 If RBS was a horse, they'd shoot it. My brother in law actually bought a few thousand pounds worth of RBS stock in late 2006. Still holding on to it for some reason, even though it's worth about 5% of what he paid. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 5, 2011 Share Posted September 5, 2011 Has anyone noticed that houses with sold signs all seem to be coming back on for sale again! Some are up for rent and sale too! incresing the rental stock..oh joy.. EA near me had 4 sales fall through last week. Mostly banks undervaluing what numpties had offered. Quote Link to comment Share on other sites More sharing options...
wherebee Posted September 5, 2011 Share Posted September 5, 2011 (edited) My brother in law actually bought a few thousand pounds worth of RBS stock in late 2006. Still holding on to it for some reason, even though it's worth about 5% of what he paid. why wouldnt you hold on? the cost of the loss of the residual 5% value is not worth sweating about - and there is always the off chance they find a massive stash of gold up fred goodwins A R SE when they hang, draw, and quarter him (which they should, very publicly) :angry: Edited September 5, 2011 by wherebee Quote Link to comment Share on other sites More sharing options...
newbie Posted September 5, 2011 Share Posted September 5, 2011 It will be amusing if it's suddenly discovered that bankers, hedgies, quants, traders, pension fund managers, investment advisers, etc have personally been the biggest gold hoarders while playing around with other people's money in electronic accounts. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 5, 2011 Author Share Posted September 5, 2011 EA near me had 4 sales fall through last week. Mostly banks undervaluing what numpties had offered. Or following on from my other thread...not willing to fund the E.A./confidence tricksters fraudulent sales. Quote Link to comment Share on other sites More sharing options...
leicestersq Posted September 5, 2011 Share Posted September 5, 2011 No, I was simply stating a fact. No one has called it then? You mean we have gone into this Monday without anyone calling it? Meltdown. Quote Link to comment Share on other sites More sharing options...
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