hc imo there will be a recovery of sorts b4 tuesday..... we'll see

dc lol yes - co op were always on the side lines - obviously hoping for a lower price this becomes interesting now - its currently a 3 way bid including the private equity group who are cash rich and the option as launching as a seperate stock market company which many of lloy big guns are keen on lol

potugese guy - no return likely he'll be history soon - though lloy onwards and upwards - even with his micro mgmt style one man dont make a c ompany and it is unlikely execs brought in will exit - good job they are there because they worked with him for years know his style and will be able to continue turn around without him - there is interesting stuff happening even right now tonight - yeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaa

All very odd to me. I hope his buds do not leave with him? As they say time will tell.
Good luck gibby.

lloy still a buy for me :-))))))))))))))))))))

He must have put some hours in to have what I would call burn out.

cheers dc - yep as you guessed a lot going on literally right now - it may seem odd but will come out in the wash sooner rather than later - i hope you have good luck also

he did - but as touched on in one of your aricles his micro mgmt was considered excessive and unhealthy by quite a few but his main problem was apparently when he dropped and broke his tea pot - never tasted the same again he said LOL!! that was a joke of course - no it was really excessive micro mgmt, the fact he thought he was 'unbreakable' in his own words, and the government inquisitions and grillings which was something new to him and unliked by him - shame he didnt delegate that out there and then - his reputation has taken a massive hit now

i think the saying - 'rod for your own back' quite apt in ho's case

Wrong man for the job, in blunt terms.

lol yes - maybe head of HR is next out the door!!!

however he has created a great buy in price with his demise :-))))

obviously wish the guy a speedy recovery

The clean-out of the executive floor by Horta-Osorio has done little for morale among the rank-and-file, particularly among Lloyds lifers, and it is said that talk of the them and us division was enough to anger Horta-Osorio, who is said to have regularly raised his voice to the people who reported to him.

Perhaps he was in the clean out and jumped before being pushed. Better then the usual of saying he left to pursue other interests. Good for the investor from the sound of it gibby.

Will Loyds get a refund from the recruitment agency.lol

the recruiting agency obviously do not use spec savers lol

all banks reversing right now - interesting

25p sometime this week imo.

Time to top up

Leave it till Tuesday.

StockMarketWire.com
Co-operative Group, the ultimate parent of The Co-operative Bank, has confirmed that it intends this week to submit a second round bid for 632 branches being sold by Lloyds Banking Group.

Lloyds is being forced to sell the branches under European Commission competition rules.

The Co-op merged its banking division with Britannia Building Society in 2009 which increased the number of its high street branches to 342.

Harry - I saw the RNS earlier - I'm not sure if its a good move or not.

indeed - guys in lloy are split - old timers (the ones that are left lol!) want to set up a seperate stock market company - ho's boys prefer a sale of all the branches - LOL - either way they have to go in some shape or form