Jump to content
House Price Crash Forum

Bank Of Ireland Shares Down 16% Today

Recommended Posts

My mortgage is with BoI - the classic type that [i assume] was CDO'd off. I recently got a letter saying that my mortgage was being transferred to a new subsidiary based in London. I know it's wishful thinking, and potentiall none of my business, but at what point do I start having to ask the question with regards to whether there is still any trace of the original buyer of the CDO into which my mortgage was packaged - and if there isn't; what right does the bank have to continue collection?

Link to post
Share on other sites

Too big to fail?


As referenced here on other threads by our sharp and cute posters, Bank of Ireland underwrites the Post Office.

Obviously it is a cunning, Baldrick-style plan.

If those Brussels Sprouts don't play ball, we'll just pay them in postage stamps or postal orders! We can print them. Ha!

(At least I hope we can, if we haven't outsourced the printing to India. I'm always the last to know.)

Anyway, failing that, it's a cunning Cameron-style plan to save billions by crashing the Bank of Ireland and . . . the Post Offfice!

Think of the milions of corner shop newsagents thrown into receivership.

On second thoughts, maybe it isn't a cunning plan.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 417 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.