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Guest KingCharles1st

Indymac- An Observation-

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Guest KingCharles1st

I just had a look at the posted link story

here

And was wondering about the poor customers, and then I after reading the accompanying text, I started to think

that I had read this door closing scenario before- recently- here in fact.

Do you remember the story about what would have happened IF Crock had folded- how they were going to do... EXACTLY what had been achieved with IndyMac..?

Standard Operating Procedure- new "Blue Ribbon" Worldwide Bank closing standard- pre-ordained- maybe- maybe not?

As has been pointed out, NO dithering, none. Just firm action, the shape of things to come- setting a precedent?

Bradford and Bingley National...

Barclay Imperial...?

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Buying time, nothing more.

The debts now belong to the taxpayer and I can't see them being too happy having to fork out billions to investors as more people default.

This just opens up the door to a huge host of other problems.

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This just opens up the door to a huge host of other problems.

Wot you mean riots if taxes keep going up and petrol/gas stays so high.

Time goverment was kicked back into touch.

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  • 399 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%



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