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House Price Crash Forum

Wygy

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About Wygy

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    HPC Newbie
  1. http://edition.cnn.com/2009/TECH/07/16/onl...hina/index.html a concept with many applications.....
  2. BANKS TO LEND YOU YOUR OWN MONEY The government is to invest £50bn of your money in British banks so they can lend it back to you with interest. The historic move is being hailed as a lifeline for the financial system as long as nobody asks too many questions. Julian Cook, chief economist at Corbett and Barker, said: "The government will give your money to the banks so the banks can start lending you that money, probably at around 7% APR. "Thanks to all the interest you're paying on your own money, the banks will make billions of pounds again and normality will be restored. "After a
  3. Quite enjoyed this piece, a timeline of the main events of the past few weeks here's the link http://www.nytimes.com/2008/10/02/business/02crisis.html?em and the first few paragraphs “Panic can cause a prudent person to do rational things that can contribute to the failure of an institution.” — William A. Ackman of the hedge fund Pershing Square Capital Management. It was early on Wednesday, Sept. 17, when executives at Pershing Square, Bill Ackman’s hedge fund, began getting nervous calls and e-mail messages from investors. Mr. Ackman, 42, has been a top Wall Street player for 15 years,
  4. http://finance.google.co.uk/finance?client=ob&q=LON:HBOS its all over the place
  5. share price has nearly tripled in just over an hour...unreal!!!!
  6. Someone is making alot of money on this!!!!!
  7. I've given up the price is back up to £2.00 real time and the share dealing service is still down...grrrrrrrrrrrrrrrrrrrrr
  8. damn its back up to £1.90 apparently it hit 80p i couldnt get in fast enough
  9. i doubt it im sure HBOS employees are buying up a shed load of shares as we speak
  10. HBOS wont go down, they dont sponsor any premiership football teams
  11. not yet... I'm think HBOS will recover, but the witch hunt will move on to find its next victim
  12. 65,000 people work for that company, i wouldnt be laughing
  13. I got some cash in HBOS, i'm not worried, all the banks were gonna take a hit today after yesterday, besides they have like £260bn worth of deposits
  14. found some stats on HBOS 1 in 5 people in the UK hold an HBOS financial product 65,000 employees just read the chief exec saying they have the largest savings base of any UK bank - £258bn of deposits not sure if that wil inspire the confidence needed
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