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Everything posted by Patrat

  1. To be honest I don't really care anymore. I know our practice is becoming part of a commissioning group but I'm not involved in the negotiations. All I want to do is see the patients, make the necessary referrals, deal with the follow-ups and stay out of medical politics. I expect, once the commissioning groups are up and running, various dictats on prescribing and referrals will pass my way, to be briefly looked at and then binned and I will carry on with doing what I'm best at. I'm already known to be a 'bit awkward', according to my senior partner.
  2. A PCT pharmacist comes to our GP practice every so often to audit our prescribing, but since we are careful with our prescribing the savings are of the order of a couple of hundred pounds at most. The senior partner has banned me from talking to her after I pointed out to her that the savings to the PCT would have been much greater if the PCT had not employed her and left the practices she visits to 'get on with the job'.
  3. Not a active member now but Serpico was a damn fine poster.
  4. We have that, it's called EMIS LV and it's an excellent piece of software. What amuses me is that very few of the posters on this thread understand what the clinical needs are in the NHS, how people work, what information they need access to etc.
  5. Nokian winter tyres - specifically the WRG2 Bought four of these after last winter and have had no problems on any roads. Excellent grip and braking, will probably keep them on until Feb/March. No need to worry about ungritted roads with these tyres, just the idiot behind you trying to keep up on standard issue tyres and then him realising his braking is rubbish compared to yours.
  6. I have Google News alerts set up for all the institutions I have deposited money in and I was surprised to see the Leeds Building Society involved in a repossession case in Ireland as I thought such building societies would only lend 'at home': Court grants a record 18 house repossession orders Not one repayment ever made on the property and the husband having no intention of making any repayments! What on earth was this building society doing lending to such f###kwits? No wonder Fitch downgraded the Leeds Building Society's debt this week along with 6 others, there is obviously a lot mo
  7. If the borrowers had indeed taken out ‘liar loans’, then who were the liars?
  8. From today's FT: Experts warn of further home loan fraud losses While banks can access the Government/BOE bailout facilities, building societies who can't are going to be hit much harder as the decade's rampant mortgage fraud becomes apparent. The Nationwide seems to have hit its limit in taking over failing building societies so either the Government will have to step in directly, as it did with the Dunfermline, or we will start to see outright failures.
  9. in 1996, when I applied for my first mortgage from the Halifax, I had to take two years of payslips with me. As I was a Registrar and therefore considered to be a doctor in training I had to provide the details of the training scheme organiser so that she could be written to as the Halifax wish to enquire about my prospects. I had a 25% deposit for my house purchase. Lending is about the three Cs: capacity to repay, collateral (deposit) and character. Any bank or building society that forget these simple principles will eventually be in serious trouble, as we taxpayers are now finding out.
  10. Cheltenham & Gloucester hasn't been a Building Society since 1997 when it demutualised and was taken over by Lloyds.
  11. If the Britannia Building Society is buying repos then it seems to be an incredibly risky strategy. Unless the Britannia has sufficient funding to cover any losses through default and the bottom of the housing is in then the Britannia is doing nothing more than doubling-up on a losing gamble. If it's an attempt to support house prices then the Britannia will find out that the truism 'You can't buck the market' is just that - true.
  12. While the Nationwide merged with the Portman in 2006 & the Derbyshire and the Cheshire building societies in 2008 -- in other words bailing them out -- it didn't merge with the Dunfermline earlier this year but just bought the assets, retail deposits and prime lending book. I think the Nationwide has hit the limits of its ability to help out the building society sector.
  13. Agreed DissipatedYouth, with the general public just about to go into collective mass hysteria over this new influenza scare we'll soon see them screaming to see their GPs for some rubbishy little sniffle of no consequence. Especially the GP bashers on here. Brainless idiots.
  14. Summary removal from the list is what's required. I had a patient who called me a f*****g c**t last month, shouting it loud enough to be heard by the Practice Manager at the desk. As the patient stormed past the reception desk the Practice Manager informed the patient in direct terms that the patient had just been removed from the list. A couple of keystrokes for EMIS LV apparently and a fax later to the PCT. Most of our patients at that particular branch surgery would never use the phrase, "I pay your wages", as most of them seem to be on benefits.
  15. We of the sinking middle class may sink without further struggles into the working class where we belong, and probably when we get there it will not be so dreadful as we feared, for, after all, we have nothing to lose. George Orwell
  16. This data for the Coventry Building Society is taken from the KPMG Building Societies Database (August 2008): Ranked 4th. Funding Limit 26.73% (28.75%) Lending Limit 1.7% (8.12%) The ranking is by assets and the figures in brackets are the averages for the top 21 Building Societies. Dunfermline was ranked 14th. Funding Limit 30.4% Lending Limit 16.7% Edit: Added Dunfermline figures
  17. The limits placed on a Building Society are from the various Building Societies Acts, This is taken from the Building Societies Association website (link): Funding Limit — Represents shares and borrowings not in the form of shares held by individuals. The statutory limit is 50%. Lending Limit — Represents the proportion of business assets not in the form of loans fully secured on residential property. The statutory limit is 25%. However, in recent years Building Societies have set-up or purchased commercial lending subsidiaries that may have greater exposure, although not in total for the G
  18. Me too. It seem that any degree of commercial lending is a big risk factor for Building Society failure at present, along with any other grandiose plans: Just why did Dunfermline sink £31m into unproven IT project
  19. I suspect this case might be the reason why the Cheshire Building Society had to merge with the Nationwide.
  20. Yes, building societies have been involved in securitization - such as Britannia via the Leek Finance programme. The evidence for Leek is available from Fitch, available here.
  21. Time will tell if Graeme Dalziel will be the equivalent of Applegarth for Dunfermline although it seems as though he presided over a significant increase in commercial and buy-to-let lending. The Building Societies Act 1997, which amended the Building Societies Act 1986, allowed buy-to-let mortgage lending: The Building Societies Act 1986 — A BSA Summary Fourth Edition
  22. Looking at this media report (Time running out for DBS) it seems the problems with the Dunfermline Building Society are due to: 1 "…use[d] members' money for riskier investment in construction and commercial property projects." 2 "Dunfermline also signed up with the large US-based mortgage and real-estate franchise GMAC, purchasing some of its mortgage portfolio." So it now seems sensible for anyone with money in a building society to scrutinize the balance sheet to look for evidence of: 1Buying mortgage- or asset-backed securities. 2 Assessment of the loan-to value of the mortgage book.
  23. From Living: How to make a million in The Sunday Times 27 July 2003 (...Cally Law meets people who made all the right moves): Now on the market for £2.25 million at Rightmove
  24. Link to podcast of tonight's episode: http://downloads.bbc.co.uk/podcasts/radio4...90217-1847a.mp3
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