Top faller in the Banking sector today with a 25% fall are they about to go bust as the housing market stalls .. are they another Northern Rock failure about to blow.

Not getting any better this market....goes from bad to worse...!.

only get better with a change of gov

Am I dreaming, or did Andy Hornby's name appear in the list of Directors for the combined LLOY-BOS ?
-Surely he should never work again.

B&B
-Along with Northwern Rock, the shareholders are wicked people who dare make money from the investments of the business. Because of this, they deserve nothing! Odd then that savers, who . . . expect a return from the investments of the business . . . have a g'tee scheme to refund every penny.
Even more odd that these are often the same people - who were given shares when Demutalised . . . . and don't they regret that now? This includes staff who will be lucky to find jobs in finance due to the much-lower levels of activity, mortgage, etc.
Demutalising was a con perpetuated by greedy Management . . . .( and I see parallels with Cattles, down 8% today DYOR).
Unfortunately the folk that destroyed these businesses appear to get-off and even have the nerve to collect Golden handshakes, pensions etc for their poor stewardship.
What is almost absent is any shareholder-Power to stop thisManagement excess - shareholders are not allowed to critisise Management - AGM's are by-and-large a joke although some companies retain old-fashioned values on the surface.

+I wonder if the Mutual Company would still be in business . . . and I have a suspicion they would, albeit smaller - but with actual cash in their vaults and not rotten, stinking, low-grade mortgages and dubious loans.

cynic I'm not convinced this "nationalising" is in everyone's interest - Short-term it saves GB from worse as it buys respite and many will believe all is OK - but taxpayers are the same people that will lose out if B&B went under - all we are doing is spreading the cost over more folks - and some are already on the breadline - yet all are expected to contribute to this fiasco - just the same as all Londoners are contributing 30p/week to the Olympic fund....whatever happened to "No taxation, without Representation"? I live in London and have no say - the 2012 Olympics will be a very expensive Political Jamboree - IMHO.

Scotinvestor, what are yr views on the new LLOY-BOS? - as I see it, my LLOY investment has seen a recent fall of 30% - maybe this represents the "dilution" despite their assurances the combined company will have much more turnover, profit etc. - at least long-term when the current woes are a distant memory (and Britain is winning Gold at the London Olympics. dream-on).

Arrgh!

nationalisation means taxpayers paying for years if not decades to come.....nrk is costing everyone at least 3k or 4k.

i believe andy hornby got senior role as he has to convince shareholders as well as almost every person in scotland that LLoyds deal is good........HBOS are valued at about 5 so lloy are getting it for a song........hence why hornby getting 2 miilion quid in shares plus senior role as a bribe (err i mean incentive).......oops am i being cynical, tsk tsk.

i agree that hornby shouldnt work even 1 day in a bank ever again.....i woouldnt have him in charge of a sweetie shop let alone anything else

Lost a bit on these nothing else to say.

HAHHAHAHAAHHA lucky i never bought on Friday

Shares risky game