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long time no see
Earthsea
United Kingdom
6321 Posts |
 Posted - 14/09/2007 : 12:19:39
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Even in Brighton a massive amount of Customers
are up the North Road Street
all trying to remove their money.
http://news.sky.com/skynews/article/0,,30400-1284080,00.html
And even worse the Northern Rock Online Account
today is not working?
No wonder all the Branches are now
packed with customers trying to remove their money.
Boom and Bust under New Labour Brown,
Sign Of The Times.
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Edited by - long time no see on 19/02/2008 12:57:23 |
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The Duke of Uranus
Barsoom
293 Posts |
Posted - 14/09/2007 : 12:34:53
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quote:
Boom and Bust under New Labour Brown,
And no mention of pathetic Americans?
I'm disappointed in you LT. |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 14/09/2007 : 12:38:42
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pathetic Corrupt New Labour Brown
pathetic Corrupt GW.Bush.
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Edited by - long time no see on 14/09/2007 13:44:15 |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 14/09/2007 : 18:10:03
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Customers have said they do not Trust New Labour
or Northern Rock.
Northern Rock
have said they have no Idea how long they can not borrow
from Wholesale Markets & other Banks.
New Labour have said there is no problem?,
so if it does get worse and the Bank stops the money moving
then New Labour will have to tell the Bank Of England
that they need Even More help. |
Edited by - long time no see on 14/09/2007 18:26:11 |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 14/09/2007 : 19:09:31
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The CEO of Northern Rock
expects a take over soon , he just said on Ch4 News.
Very Bold of that Fool to say that,
but if no one wants his Company
what then? |
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nightowl
Barsoom
249 Posts |
Posted - 14/09/2007 : 19:47:18
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Lending people money they can hardly afford to pay back is not good business, think we will see stricter credit rules now but a bit late for those borrowers in trouble....
House prices crashing will be next thing and the inevitable negative equity trap for many.
Is the bubble bursting finally? |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 16/09/2007 : 00:45:32
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Daveb
Discworld
1869 Posts |
Posted - 16/09/2007 : 18:20:54
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The whole worlds economy is over budget.
In this case the big banks need to make a takeover quickly to show how much they care about customers and stop the panic.
The average person will be the one to suffer most. |
We're all doomed! |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 16/09/2007 : 18:28:13
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The Bank Of England
stopped Lloyds-TSB from a takeover
because they were viewed to be in the same mess.
I can not blame anyone getting every penny out
because a Take Over will happen
and all those branches could be sold to earn cash.
Ironic when Brown has a silly dig at the former power
saying no Boom and Bust! under him etc.
But under his guides of this sloppy Bank Of England, on their own,
we are in Boom and Bust,
linked to the American corruption as well, of course.
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Edited by - long time no see on 16/09/2007 18:32:21 |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 17/09/2007 : 19:16:09
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From BBC News
one London branch had two security letting one in,
one out of a branch.
Many have been outside since 4am.
That is Nasty.
Brown's pathetic New Labour has said they will back everyones money.
But if Northern Rock goes under fast (which it can)
getting big amounts back would take longer.
This was all underway 3 weeks back
New Labour made a mess of how this was told.
Meanwhile
Alliance & Leicester's share went Down 32%
today.
They claim there is no reason for this.
Boom and Bust Under New Labour.
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Edited by - long time no see on 17/09/2007 19:17:01 |
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Miriam Binder
Earthsea
United Kingdom
5244 Posts |
Posted - 17/09/2007 : 19:18:45
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| Panic withdrawals are not going to help. |
"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety" - Benjamin Franklin |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 17/09/2007 : 19:32:46
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quote:
Originally posted by Miriam Binder
Panic withdrawals are not going to help.
Yes Fast withdrawals have started another problem,
but People do not Trust New Labour or Northern Rock.
So I fully Understand the Man on Radio 5 Live a hour or so ago
he has 150k in there and wants it all out.
Big Money people can not take chances with such
a Stupid Bank.
Ch4 News (live on UK Internet)
has just said soon many other areas may go bust.
Boom and Bust Under New Labour.
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 17/09/2007 : 20:37:49
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long time no see
Earthsea
United Kingdom
6321 Posts |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 18/09/2007 : 06:22:21
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Daveb
Discworld
1869 Posts |
Posted - 18/09/2007 : 09:04:30
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Labour supports private money with public.
Are we to see banks nationalised?
This action is desparate, we could be in for tough times ahead. |
We're all doomed! |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 18/09/2007 : 09:09:53
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quote:
Originally posted by Daveb
Labour supports private money with public.
Are we to see banks nationalised?
This action is desparate, we could be in for tough times ahead.
It proves Brown is in a Panic
over this.
Some Banks like Northern Rock
are Stupid for doing such Narrow Vision Risk Money Ventures. |
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Tombstone Blues
Discworld
1898 Posts |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 19/09/2007 : 19:06:19
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This stinks of New Labour Corruption.
From Ch4 News Live tonight
The Bank Of England has now said it will offer 10Billion pounds
and even 30Billion pounds to back up Banks in trouble.
Even though a week or so ago the same Bank Of England said that was
dangerous.
http://www.channel4.com/news/articles/business_money/40bn+injection+risking+financial+chaos/821447
Brown has set this up
and of course he will not admit this.
More Proof that New Labour is not Honest at all.
The Bank Of England is not Independent enough.
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Edited by - long time no see on 19/09/2007 20:41:58 |
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long time no see
Earthsea
United Kingdom
6321 Posts |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 16/11/2007 : 17:14:18
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2 Billion pounds and more
of Our Tax money
would be wiped off
if another company takes over Northern Rock.
Fucking Brown
using my money to be wiped off.
That is Criminal.
New Labour are a bunch of Criminals.
They Should rename Northern Rock to New Labour Bank.
Sources: Radio 5 Live
Business Report.
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Edited by - long time no see on 16/11/2007 17:20:40 |
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Fluffy Sheep
Discworld
1159 Posts |
Posted - 16/11/2007 : 18:14:28
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I suppose that this would be good news to the Northern Rock customers who lost out...would it?
(I don`t really understand the world of high finance.) And the £2 billion tax write-off - does that go to alleviating the losses of individual investors? If it does, it`s like the government acting as an insurance company...and if it doesn`t, is it just giving the company a clean slate so a Virgin multi-millionaire can take it on and make a profit? (so he can pay tax on it...) |
Row faster, slaves! Caesar wants to waterski! |
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long time no see
Earthsea
United Kingdom
6321 Posts |
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nightowl
Barsoom
249 Posts |
Posted - 20/11/2007 : 11:00:40
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With so much tax payers money tied up by this bank now we could say its the first bank to be nationalised by Labour  .
If anybody takes it over it will be 20 years or more before the tax payer start to get their money back,it would have been better to have left it to market forces to sort it out rather than pumping money in.....
Just think what could have been done on housing and the NHS with this money..... |
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thedelboy
Discworld
United Kingdom
1007 Posts |
Posted - 20/11/2007 : 11:14:10
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where does the sum of £2 billion come from ? the government have allready admitted to the sum of £24 billion with the sum probably going to be "48 billion by the end of the fiasco,so does this mean that the government effectively own the mortages of the borrowers?? I am really confused on this one |
keep on smiling |
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nightowl
Barsoom
249 Posts |
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Miriam Binder
Earthsea
United Kingdom
5244 Posts |
Posted - 02/12/2007 : 16:34:04
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quote:
Originally posted by nightowl
Makes me wonder if its a good idea Virgin takes over Northern Rock ? seems they have trouble processing data....
Something else they seem to have in common with our government then |
"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety" - Benjamin Franklin |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 02/12/2007 : 16:41:46
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Virgin Banks
have to Borrow Billions for this deal.
It is a Mess under pathetic New Labour
who are attacking this
like Criminals, at this time.
Sure this Bank Problem was because of the Stupid Northern Rock Team who
played with Well Dodgy pathetic American Bankrupt home loans.
But the Way Pathetic-Weak
Scottish Brown handles all this makes Much of the Public sick of New Labour,
As reported on UK Radio and TV News.
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Edited by - long time no see on 02/12/2007 16:43:13 |
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Miriam Binder
Earthsea
United Kingdom
5244 Posts |
Posted - 02/12/2007 : 16:45:46
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quote:
Originally posted by long time no see
Virgin Banks
have to Borrow Billions for this deal.
It is a Mess under pathetic New Labour
who are attacking this
like Criminals, at this time.
Sure this Bank Problem was because of the Stupid Northern Rock Team who
played with Well Dodgy pathetic American Bankrupt home loans.
But the Way Pathetic-Weak
Scottish Brown handles all this makes Much of the Public sick of New Labour,
As reported on UK Radio and TV News.
Then again LTNS you must admit to it goving you ample opportunity to spout your disgust again. Every cloud, or so it seems, certainly does have a silver lining  |
"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety" - Benjamin Franklin |
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long time no see
Earthsea
United Kingdom
6321 Posts |
Posted - 02/12/2007 : 17:00:11
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Ben Elton summed it up yesterday on ITV1
saying 20 years has gone by and here we all are
stuck in the Sleaze of New Labour.
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Miriam Binder
Earthsea
United Kingdom
5244 Posts |
Posted - 02/12/2007 : 17:06:35
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quote:
Originally posted by long time no see
Ben Elton summed it up yesterday on ITV1
saying 20 years has gone by and here we all are
stuck in the Sleaze of New Labour.
20 Years of New Labour? Surely not ... |
"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety" - Benjamin Franklin |
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HM Northern Rock
