Saturday, Jan 17, 2009
An irony
Guardian: Bankers told they are too risky for a loan
Financial sector and property workers suddenly find themselves under scrutiny from lenders.
Posted by letthemfall @ 03:06 PM (755 views) Add Comment
10 Comments
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1. mark wadsworth said...
MWAHAHAHA (Continued page 94)
2. amjidk said...
tut tut tut
3. drewster said...
What's the German for Schadenfreude?
4. icarus said...
drewster, I believe it's 'se réjouir du malheur d'autrui'.
5. This comment has been removed as it was found to be in breach of our Blog Policies.
6. mark wadsworth said...
Drewster, it's either called "malicious glee" or "Mwahahaha", I can't remember which.
7. nopensionnohouse said...
So, even if the banks and credit markets do get re capitalized it seems the criteria have changed.
What ever next? 3.5 times basic annual salary?
Excellent news and not before time!
8. d'oh said...
Is that a flock of chickens I see coming home to roost?
9. titaniccaptain said...
@nopensionnohouse
3.5x basic annual salary for a single income sounds sensible in these times but with the depression thingy coming like a black hole that will to 2.5 times annual salary with the hefty deposit leaving NO ONE able to qualify unless house prices fall by a silly amount bringing average house price down to 35 grand.....but even then if your on an income that would support those repayments easily who would want to buy a house and get into debt when job security is gone? and job security is having just as bad an effect as is the lack of credit on the housing market..............
10. Chris said...
.........but even then if your on an income that would support those repayments easily who would want to buy a house and get into debt when job security is gone? and job security is having just as bad an effect as is the lack of credit on the housing market..............
There are around 68 million people living in the UK and they forcast unemployment figures to rise to 3 million. That's still a small percentage of the whole population.