shindigger Posted January 19, 2009 Share Posted January 19, 2009 RBS vapourises 65% of share value. Stand down Gordon. Any queues yet? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 19, 2009 Share Posted January 19, 2009 FSA to want to ban short selling again? Quote Link to comment Share on other sites More sharing options...
Y-QUERK Posted January 19, 2009 Share Posted January 19, 2009 FSA to want to ban short selling again? No this time they want to simply ban selling. Quote Link to comment Share on other sites More sharing options...
renterbob Posted January 19, 2009 Share Posted January 19, 2009 No this time they want to simply ban selling. Well, the smart HPCers drew their money out of the banks a few months ago. And kept it out. Hello Cookie! Quote Link to comment Share on other sites More sharing options...
renterbob Posted January 19, 2009 Share Posted January 19, 2009 RBS vapourises 65% of share value.Stand down Gordon. Any queues yet? We could call the local manager and ask for a loan. Just for a larf. har har. Quote Link to comment Share on other sites More sharing options...
shindigger Posted January 19, 2009 Author Share Posted January 19, 2009 What gets me is that he pitches up this morning and spills all his spleen over RBS like it was new news. Its precisely all his prior denial(for immediate electoral gain) that has sucked all the water off of the beach. We all know what happens next. He should be done for treason. Quote Link to comment Share on other sites More sharing options...
sbn Posted January 19, 2009 Share Posted January 19, 2009 Yup - nice one broon GO on - get up and give us some more of your genius! If you keep talking for long enough, you might actually be able to bring on biblical armagedon by friday Quote Link to comment Share on other sites More sharing options...
Timm Posted January 19, 2009 Share Posted January 19, 2009 RBS vapourises 65% of share value.Stand down Gordon. Any queues yet? Looks like Brown will get the last 30% for a song. Market manipulation? Quote Link to comment Share on other sites More sharing options...
HAMISH_MCTAVISH Posted January 19, 2009 Share Posted January 19, 2009 Looks like Brown will get the last 30% for a song.Market manipulation? Suspect he'll buy it all at that price. And absolutely. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted January 19, 2009 Share Posted January 19, 2009 Suspect he'll buy it all at that price.And absolutely. Dickens!....As if buying it is the end of the matter. He then needs to spend to rescue the thing and then we are talkign REAL money. Concord was up for Sale for a £1. Quote Link to comment Share on other sites More sharing options...
sikejsudjek Posted January 19, 2009 Share Posted January 19, 2009 (edited) http://www.bloomberg.com/apps/news?pid=206...movers_by_index Increased Debt Sales The U.K. measures would add at least 100 billion pounds to the 250 billion pounds committed by Prime Minister Gordon Brown in October to underwrite a financial system choked with bad debt and reeling under the first recession in two decades. The government plans to issue 146.4 billion pounds of bonds in the year to March 31, more than double the amount sold last year and up from the 80 billion pounds it estimated in March. The Treasury sold 1.25 billion pounds of bonds due December 2027 today yielding an average 4.362 percent. Investors bid for 1.31 times the amount of securities offered, compared with 1.98 times at the previous sale of the securities on May 3, 2007. How long until we have problems servicing this debt ? Edited January 19, 2009 by sikejsudjek Quote Link to comment Share on other sites More sharing options...
Meerkat Posted January 19, 2009 Share Posted January 19, 2009 Suspect he'll buy it all at that price.And absolutely. He will get it free of charge. Quote Link to comment Share on other sites More sharing options...
domo Posted January 19, 2009 Share Posted January 19, 2009 I dunno, Brown sells gold at the trough, and then buys the banks near their peak. This guy is a real genius. Quote Link to comment Share on other sites More sharing options...
Injin Posted January 19, 2009 Share Posted January 19, 2009 I dunno, Brown sells gold at the trough, and then buys the banks near their peak. This guy is a real genius. He is pretty good at getting people to think he's incompetent and not just plain evil. Do you really think he's not making out like a bandit personally on the back of this chaos? He'll have enough gold to make CGNAO blush and his foreign getaway all planned out. Quote Link to comment Share on other sites More sharing options...
papag Posted January 19, 2009 Share Posted January 19, 2009 Brown speaks I am speaking to you from the cabinet room of 10 Downing St. This morning Alistair Darling our Chancellor of the exchequer handed the British Banks a final note stating that, unless we heard from all of them by 11 o'clock and that they admit that its all been their fault and nothing at all to do with me or the Nu Labour party that we are now prepared at once to withdraw their massive bailouts and bonus payments gifted from the taxpayers , and a state of war would exist between us. I have to tell you now that no such undertaking has been received, and that consequently this country is at war with our Banks and we will invade them with our ministers and politicians and take them over. Quote Link to comment Share on other sites More sharing options...
domo Posted January 19, 2009 Share Posted January 19, 2009 He is pretty good at getting people to think he's incompetent and not just plain evil.Do you really think he's not making out like a bandit personally on the back of this chaos? He'll have enough gold to make CGNAO blush and his foreign getaway all planned out. Hey power corrupts, what new! Just as long a someone in zanulabour goes out with the terrible reputation they deserve: Thieves and shysters. Quote Link to comment Share on other sites More sharing options...
shindigger Posted January 19, 2009 Author Share Posted January 19, 2009 Hey power corrupts, what new!Just as long a someone in zanulabour goes out with the terrible reputation they deserve: Thieves and shysters. From the look of him this morning, i'd say hes starting to regret entering political life. Bonkers or not, i think its just dawning on him how financially incompetent he is. Gold. Pension grabs. IR35. Asset bubble. Lending banks money at 12% and expecting them to shovel it back out the door at 5%. That, for me, is the one that most clearly demonstrates ANY GRASP of what is happening. Everything he does is viewed through his solitary fish eyed Westminster gaze. Not the first clue, any of them. Even Queen Tony said he was lucky. Quote Link to comment Share on other sites More sharing options...
billybong Posted January 19, 2009 Share Posted January 19, 2009 It's not the globe now that he's saying caused the all problems. Now he's saying it's all been the banks fault. He getting warmer! He's getting warmer! Quote Link to comment Share on other sites More sharing options...
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