Tuesday, September 18, 2007

State Guarantee = Profits Taken from share Trading

Northern Rock, Rivals' Shares Rise on State Guarantee (Update4)

Northern Rock up 8.2%, Alliance and Leicester up 28%, I wonder how many privvy to this information have bought and sold today, nice little earner. If this wasn't the BofE of HM Gov I wonder what it would be classed as!

Posted by enuii @ 04:59 PM (554 views)
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2 thoughts on “State Guarantee = Profits Taken from share Trading

  • I think this may show that there is very little chance of a HPC occurring now. I think there is too much too lose at HM Govt.

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  • Reading more about the implications of this deal – it is the strangest thing you have ever seen.

    So the major shareholders quickly bail out as the government , FSA and BoE go in with the tax payers money and the countries credit.

    Its just bizarre. People must be looking at this and thinking holy cow – what are they doing?

    Given how long this has been predicted and how easy the path is to follow – you have to wonder why this is such a slapped together piece of crap.

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