Thursday, July 24, 2008

Why your bank manager may be about to turn nasty

Why your bank manager may be about to turn nasty

The credit crunch may be a year old, but in reality it's only just started. Banks will have to rein in lending even more - meaning a brutal recession, lower profits and many more job losses.

Posted by damien @ 10:32 AM (974 views)
Please complete the required fields.



4 thoughts on “Why your bank manager may be about to turn nasty

  • whiteknight says:

    It’s one set of rules for you. Whatever they want the rule to be for them.

    Reply
    Please complete the required fields.



  • Fingerbob69 says:

    I am staggered by the apparant wilful blindness of the markets to the developing situation. Surely the FTSE will undergo a quite traumatic downward adjustment in the next few weeks? And just who is dumb enough to be piling back into builders like Barretts and the banks???

    Reply
    Please complete the required fields.



  • beartil2010 says:

    I am in agreement. I cannot see the ftse doing well at all and am still holding to my FTSE 100 at 4,000 in 9mths prediction.

    Reply
    Please complete the required fields.



  • Yes…it may take a little longer than a few weeks, but I suspect the FTSE and Dow will have big sell offs in Autumn.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>