You have morals mrsi.....afraid thats a fact of life...will never change.

Reason for LLOY moving higher today ...........

This is Money -- 3 December 2009,
CLOSING MARKET REPORT

FTSE close: Lloyds, BA up; Xstrata down

The FTSE 100 index failed to capitalise on a bright start today as weaker mining stocks offset sharp gains in the banking sector.
FTSE LATEST5313.00-14.39

Banking shares rose by as much as 4% after Bank of America's surprise announcement that it will repay its 27bn US government bailout.
The move, relating to loans made in last year's credit crisis, gave a boost to confidence in the sector as Barclays rose 7p to 304.5p,
Lloyds Banking Group added 2.35p to 55.45p and Standard Chartered lifted 19p to 1570p.

From shep shagger to sheep bagger in days .... you still in VOG mr tosser ?

Payroll data in the States today1-30 our time-125,000 expected -160,000 mentionedlet us hope for a good figure on a day the Banks are struggling

This board is a breath of fresh air when - SHEEP SHAGGERS - are not about

They must be very dysfunctional individuals to spend their days trying to score points

There are a few pro derampers clogging the board from time to time

They must have run out of Sheep, so LLOY has to pay for it.

Yes yes I'm sure your right mr tosser but the question was are you still in VOG ?

             
THERE ARE A FEW NUTTERS ABOUT
Any listening at your peril

A SHEEP SHAGGER looking for poor SHEEP
Has become a STALKER ( Dil ) on this thread

From the Telegraph...........

Brown intervenes on side of RBS as new Lloyds row looms
Gordon Brown has moved to avert resignations at the Royal Bank of Scotland by promising that the bank will not be singled out for extra tough pay restrictions.

By Louise Armitstead -- Published: 7:30AM GMT 04 Dec 2009

Meanwhile part-nationalised Lloyds Banking Group could be heading for a new row over bonuses with its shareholders after it emerged that 200 bankers could receive one-off payments worth up to 80pc of their salaries for integrating HBOS last year.

In a rare intervention on the side of bankers, the Prime Minister said that no bank will be discriminated against in the upcoming bonus season because every bank will have to follow the rules already agreed by the G20.

Mr Brown said: I think most sensible people around the world will accept that if we come to a worldwide agreement about what the bonus structure should be then every major bank around the world will want to follow that.

The move to calm fears follows rising tensions over bonus payments at RBS. The part-nationalised banks board has threatened to resign en masse if the Government blocks plans to pay the lenders 20,000 investment bankers hundreds of millions of pounds in bonuses. Lloyds could be heading for a similar row, although its bonuses would be paid out in 2012 as part of a long-term incentive plan.

The Treasury secured a veto as part of the states latest rescue of RBS, taking the taxpayers potential investment in the bank to 53.5bn and giving the state an 84pc stake.

Chancellor Alistair Darling had signalled he is prepared to veto the size of the RBS bonus pool, which is around 50pc bigger than last year.

In its circular to shareholders, RBS warned that the Treasurys right to consent to the quantum and shape of the 2009 bonus pool... may adversely impact RBSs ability to attract and retain key employees and thereby place RBS at a significant competitive disadvantage, as well as increasing the risks facing RBS and weakening managements ability to deal with them.

Institutional investors, who own the remaining 16pc, are also angry about the potential for state interference.

Lord Mandelson, the business secretary, added that he understood the concerns of directors at RBS.

The row over bonuses has been compounded by Lord Myners, the City Minister, warning that at least 5,000 UK bankers will earn more than 1m this year. He claimed that there was precious little evidence that bank bosses appreciated the concern about these extraordinary levels of income.

If is true then good for LLOY and the economy ........

From the Guardian ........

Housing market expected to take off thanks to the return of securitisation
Observers detects return of dice-and-slice financial practices blamed for the credit crunch

The housing market revival is expected to accelerate over the next few months as financial investors are once again using the complex funding structures that were linked to the credit crunch, a top law firm involved in the industry said.

Banks are once more buying and re-selling mortgage pools through the issuance of bonds and notes, a technique known as securitisation. However, financial institutions are requiring those deals to be simpler and more transparent as they aim to have more information on the underlying assets, say partners at Clifford Chance.

The complex structures in which mortgages were diced and sliced, sold and re-sold to the point that few investors knew what they were really holding, is seen as one of the key drivers of the credit crisis. But now, in a simpler format, the securitisation deals that once funded a third of the market are coming back to re-ignite the industry, Clifford Chance said.

"Functioning securitisation markets are needed to make credit cheaper," said Kevin Ingram, a partner.

After months of tight credit, residential mortgage deals will most likely be funded by big European banks looking for yield backed by strong collateral, Ingram said. Hedge funds, private equity firms, property companies and distressed-asset funds are also interested in high-quality mortgage pools, he said.

Investors will shy away from buy-to-let and other riskier mortgages, once financed by investment banks such as UBS, or complex and hard-to-value collateralised loan obligations (CLOs), Ingram said, adding that that part of the market was not likely to come back.

The commercial real estate market will take more time to recover because transactions are bigger and more complex, said Emma Matebalavu, another Clifford Chance partner. Many commercial real estate deals will need to be restructured as they were signed at the peak of the market between 2004 and 2007 and will hit a refinancing "wall" in two or three years' time, Matebalavu said. "There's a huge refinancing issue," she added.

Commercial real estate valuations have plunged. White Tower, the investment firm owned by property tycoon Simon Halabi, was recently valued at less than 1bn, compared with 1.9bn in 2006.

Investors are also likely to do more homework on their valuations instead of relying on credit ratings. Agencies such as Standard & Poor's and Moody's were widely criticised after they gave some deals their highest rating even though they included sub-prime mortgages. "Rating agencies are in a very difficult position people misread their role," Ingram said. "But regulators passed on the responsibility to look at risk, a role they never wanted."

In the future, "ratings will be a useful piece of information, but not a driving factor", he said.

Jobs report figures. -11,000 great figure

With upwards revisions over the last few monthsit is possible jobs were actually created in America last month?

Yes yes very nice mr tosser but is the question too hard ?

You still in VOG ... cos you appear to have stopped ramping it ???

Daily Mail - 04th December 2009

Lloyds executives to get bumper payout worth 80% of their salaries

Lloyds bankers are to be given huge bonuses for overseeing the HBOS merger
Around 200 executives at Lloyds are to be given one-off payments worth up to 80 per cent of their salaries, it was revealed today.

The bank, which is 43 per cent owned by the taxpayer, negotiated the deal with shareholders as it embarked on its ill-fated merger with HBOS earlier this year.
A spokesman for Lloyds Banking Group said the Government had approved the bonus package and stressed that payments would only be made over three years and in shares.

The bosses will receive the cash as a reward for integrating Lloyds with HBOS, a move that has led to the loss of more than 11,000 jobs at the combined bank since January.

Bonuses of up to 80 per cent would equate to 2.4million for the Lloyds Banking Group board, including 828,000 for chief executive Eric Daniels.

Mr Brown waived competition rules to allow the Lloyds takeover of HBOS.

He was accused of trying to engineer the deal after it emerged he had discussed the issue with former Lloyds chief Victor Blank at a City reception.

A SHEEP SHAGGER looking for poor SHEEP
Has become a STALKER ( Dil ) on this thread

That stupid person, has not realised I am not in speaking terms with the SHEEP SHAGGER , STALKER and all time B@STARD

Note : B@STARD - word is also used as a derogatory term for an unpleasant person.
The term can also mean a mongrel, a shepshagger or a stalker.

Just answer the question. This is becoming very boring & if you are not careful you are both staying behind for detention.

Harry

re - Just answer the question

I do not play Squash anylonger prefer tenis

I am still a bit fast though I am not sweet 16 any more

I am not furious

but I do not need to answer any questions, specially if not related to LLOY

and certainly no one gives me orders

note - I hope you do undertand the top part its your favorite past time

the answer is a yes then!

Good grief! Just read through what you have written & see if ANY of it relates the the question.

Masteryou do not play Squashbutyou dont come on here and give advice as if you are Peter Nicol

You are no longer the fastest thing on two legsbutyou dont come on here and give advice as if you are Usain Bolt

You are no longer furiousbutyou dont come on here and give advice as if you are Joey Barton

You do still trade sharesandyou do come on here and give advice as if you are Tokyo Joe

So dont you think we all should knowif notwhy so?

HARRYCAT

re - the answer is a yes then!

certainly NOT



My post is about YOU..... re - note - I hope you do undertand the top part its your favorite past time >>>>>>> Squash player, so tend to be a bit fast & furious!

MoneyAM Username: HARRYCAT
Real name: Just call me Harry
Location: East Anglia G.B.

Biography
Regular online private investor.
50% in low risk companies.
50% actively traded in high risk companies.

Heavy subscriber to the 'Get rich quick' brigade.
No penny shares - Mugs game!

Squash player, so tend to be a bit fast & furious!