Thursday, Aug 16, 2007
Is Just Me Or Does Anyone Else Smell BS?
Reuters: A&L says 8.25 percent the tipping point for homeowners
The Alliance & Leicester says there's nothing to worry about at current base rates they would say that wouldn't they.
Posted by gcj @ 05:42 PM (187 views) Add Comment
1 Comment
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1. Whiteknight said...
Strange game to play even with a VI.
Imagine when Merv has to come out and defend the currency shortly, putting rates straight past that level.
Then what do you do.
Obviously its rubbish anyway .... not least because "how do you think they could finance those cheap loans in the first place".
What do you think is going to happen when people find out their pension funds went on a game of pitch and toss?