At the start of this thread mitzy asked if LLOY would succeed with HBOS - something I doubted was a good move then, - and still think that was their worst move in 150 years...
Look at the sp graph over 4-years and by-and-large LLOY and RBS are neck and neck.
Both rubbish investments, due to rotten decisions (although Dirs retire on handsome pensions-Why? It's our money they've given themselves and will CONTINUE to give until stopped!).
However, that is history and the situation is that "now" they are unlikely to return to huge profits - because most of the last 10-years was an illusion (+er, same comments about Directors) - those super profits were a result of miss-sold insurances . . . . . so recent falls are not surprising, as folk won't be going into their Bank for an expensive loan . . . . not soon-a-ways, anyhow.
Grr. Makes you wan er spit.


Any sensible comments on Markets generally?



PS. I hear Hols in Greece are fairly cheap.

EDIT:
Tanker, I dunno, but I still don't like it...well paid execs should fall on their swords if the business goes bad on their watch - who else is there to blame. That's (partly) why they're overpaid...to take on the Big Descisions, sink or swim.
Barclays too!
BTW I see a clutch of BARC Directors have lost 25% each (DYOR) after recent Buys just a few days ago...inc Bob Diamond - even this loss is nothing like shareholders have suffered, but it's nice to know for once we're all in it together, eh?

hang,
why did the gov who own 41% allow the new ceo to get millions in thank you
payments .the man is a loser fact and in 3 years will be gone with is pockets full

During the War there was a soldier at every junction armed with a rifle and fixed bayonet with orders to shoot looters I dont know why they cant re-introduce something simliar to deter looters.

Meantime..COLLAPSE..which high strret banks is about to go broke..?

Don't be a spoilsport, mitzy, tell us!

I've no idea Kevin I keep getting messages to that effect.

its a load of bollocks the uk banks have that much cash it is unbelieveable

so we now no that saving money in a bank is a wasteof time interest rates
to stop low for at least 18 more months buy stock for divs

DIANE ABBOT MP
said on tv that black mothers where better mothers than white mums
well look at the riots the black children on the streets at 1am
she is a racist

Personally think there is lots more trouble ahead for bank shares and thats why I believe Lloyds are worth about 6p a share.

I dont know I could be wrong here but I reckon they could collapse another 80% in the next 12 months.

mity . they will now go up target in 6 months time 60p .
all the crap is now behind in feb next year they will say 3.8b profit
only the brave like me make the money then i give a lot away
but onlt to hospice cancer mac millan blind

in the coming months you will see all stafff buying .

We shall see what happens Tanker I'm very downbeat on all the banks although I like Barclays .

mitzy i have loads of barc and have been buying have just added a further 5000
the net asset value is 423p div of 6.5p for this year .

All banks are falling this afternoon.

remember this post . BIG GOLD BUYERS ARE GETTING READY TO SELL .
the small buyers will be the losers

Barclays and RBS both down 7% on possible exposure to French banks.

Lloyds down 4%.

.

He says quite a bit! :-)

mna . because that is what happens it is the way these city slickers act

TANK - Not sure you can blame the so called city slickers, stocks are tanking due to the fear factor and the uncertainty of just how far the market has to go to reach a bottom. Gold is seen as a safe haven, when the bottom of the market is reached and I for one have'nt got a clue where that will be, gold will be sold off to buy stocks. Isn't that the more rational theory? :O)