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Author Topic: UK Bank Bailout  (Read 2120 times)

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Offline Uncle Mort

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UK Bank Bailout
« on: October 13, 2008, 08:26:48 AM »
£37 Billion 'bailout' of the banks. The head of RBS gone, FTSE up 5%. Other Central Banks likely to do similar moves for their troubled banks.

Has the day been saved? or just a blip on the slippery slope to oblivion?

Do I really care anymore?
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Offline Snoopy

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Re: UK Bank Bailout
« Reply #1 on: October 13, 2008, 09:15:29 AM »
 rubschin: Golden Brown will tell us he has come out of this smelling of roses ~ interesting that the two Scottish banks involved in the whole farrago are getting most of the money and there is a Scottish bye election coming up.
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Offline Uncle Mort

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Re: UK Bank Bailout
« Reply #2 on: October 13, 2008, 09:22:42 AM »
There's a good chance that if this succeeds then he will gain out of it. There's talk of this being his 'Falklands moment'.

Remember, Thatcher was very unpopular before that war.
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Offline Nick

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Re: UK Bank Bailout
« Reply #3 on: October 13, 2008, 09:28:55 AM »
He is putting our money into effing Scotland and Salmond is asking for more. And yes, the by election looms.

Maybe Mandy should redistribute his two salaries. He can afford it.
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Offline Snoopy

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Re: UK Bank Bailout
« Reply #4 on: October 13, 2008, 09:30:08 AM »
Fortunately others are at work to stab Broon in the back even as we speak.

Step forward Old Permatan



Quote
The chancellor must take emergency steps to prevent rail, water and power companies going bust in the global economic storm, former cabinet minister Peter Hain has warned.

Hain, the former work and pensions secretary, urged the government to draw up reserve powers that could be used in the event of a major utility collapsing and taking vital services with it. His words follow jitters in the City about the damage a freeze in bank lending could do to some companies that have borrowed heavily to invest in infrastructure.

http://www.guardian.co.uk/uk/2008/oct/12/transport-utilities

Meanwhile in the wings, sharpening his dagger, we have the Prince of Darkness himself



And laughing his c*ck off whilst making more money that Croesus


« Last Edit: October 13, 2008, 09:32:03 AM by Snoopy »
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Offline Nick

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Re: UK Bank Bailout
« Reply #5 on: October 13, 2008, 09:33:06 AM »
Isn't Bliar a director of Morgan Stanley? And Permatan is a sleazeball lizard. He is up to summat.
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Offline Snoopy

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Re: UK Bank Bailout
« Reply #6 on: October 13, 2008, 09:34:28 AM »
 whistle:
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Offline Nick

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Re: UK Bank Bailout
« Reply #7 on: October 13, 2008, 09:40:58 AM »
http://itv.ifeng.com/vplay.aspx?id=44ffca2e-7d1b-4d6d-a5d4-fcc86e3fca17

Possibly a spoof, but I think not  eveilgrin:

Quote
In 2008, adulterated milk caused kidney stones in tens of thousands of consumers. To show his confidence in Chinese diary products, Mandelson drank a glass of Chinese milk in front of reporters.[19] Nine days later, he was hospitalized for a kidney stone.[20][21]
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Offline Uncle Mort

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Re: UK Bank Bailout
« Reply #8 on: October 13, 2008, 09:49:08 AM »
I think a spoof - it'll take longer than 9 days to calcify.  rubschin:
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Offline Nick

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Re: UK Bank Bailout
« Reply #9 on: October 13, 2008, 09:52:04 AM »
Pity
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Offline Nick

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Re: UK Bank Bailout
« Reply #10 on: October 13, 2008, 10:12:35 AM »
One tries to write to Gordo via his website.

Tough

Quote
Email Number 10

We have decided at this time that it is important to take another look at the E-mail Number 10 service to ensure that it meets the same high standards as the other content and communication measures that the website delivers.

Unfortunately, this means that we will be unable to replace the service as quickly as we had hoped, but we aim to have it up and running as soon as possible. Please accept our apologies for any inconvenience caused.]Email Number 10

We have decided at this time that it is important to take another look at the E-mail Number 10 service to ensure that it meets the same high standards as the other content and communication measures that the website delivers.

Unfortunately, this means that we will be unable to replace the service as quickly as we had hoped, but we aim to have it up and running as soon as possible. Please accept our apologies for any inconvenience caused.
« Last Edit: October 13, 2008, 10:15:13 AM by Nick »
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Offline Grumpmeister

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Re: UK Bank Bailout
« Reply #11 on: October 13, 2008, 11:19:23 AM »
So either they have pulled this to avoid a backlash from the public or Number 10 uses Virgin Email...  whistle:
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Offline Nick

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Re: UK Bank Bailout
« Reply #12 on: October 13, 2008, 11:23:28 AM »
He is hiding!
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Offline Nick

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Re: UK Bank Bailout
« Reply #13 on: October 13, 2008, 01:06:27 PM »
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Offline Snoopy

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Re: UK Bank Bailout
« Reply #14 on: October 14, 2008, 10:55:13 AM »
Well Gordo seems to have saved the day.
Share prices are soaring all over the world.
Inflation is well up but that doesn't matter ~ except that the latest rise is the one that all benefits will be based on for the next 12 months so all in receipt of benefits will do well out of it and the Treasury will have to find yet more money to fund the extra payments.
In future nobody will be able to buy a house on a mortgage unless Nulabour says they can meanwhile the building industry is flat on its back and council houses are no longer being built.
 rubschin: Time to buy shares in a tent making company perhaps.
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