Everyday I count my blessings that I was switched on (lucky) enough to sell my HBOS shares for 11.58p, yep that's right.
2517

Lloyds faces downgrade by Moody's on CEO Horta-Osorio's absence
Credit rating agency Moody's said it may downgrade Lloyds Banking Group over concern its restructuring plans could be held back by the temporary absence of its chief executive Antonio Horta-Osorio due to health issues.

is Moody short?

No tall, lol. Sorry for the joke. Not much else to smile about at present.

They are dangerous. It did not take them long to think about a downgrade. Lloyds
will get a replacement then I guess a upgrade. They just love it.

Well done George this one is going sub 10p imo.

You wish Mitzy!!! That's a 60% drop. I assume you are short LLOY?
Don't think LLOY exposure to Euro sovereign debt is anywhere near as much as other banks, though quite possibly may get dragged down in the sector.

Back in August I said my target was 6p.

Ireland - from the HBOs takeover?

Thinking it will go to 6p is just ridiculous !!

.

8 - pish.

.

Mnamreh - er no :-)

Anyone for a double bottom?

Is this bank in safe hands.

Is this bank in safe hands.

1050p?! really lol

sorry skinny i thought it said still holding for 1050p not @ 1050p - misread mn's 3274

Co-operative Group places second bid for Lloyds retail branches
11/10/2011 08:56:19
Nov 10, 2011 (M&A Navigator via COMTEX News Network) -- 10 November 2011 - British cooperative society The Co-operative Group confirmed in a statement today it had placed a second-round offer to buy the retail branches on sale by Lloyds Banking Group (LON:LLOY). Co-operative submitted its bid late Wednesday, it said, without giving financial details. British banking venture NBNK (LON:NBNK) sent in an offer of GBP1.5bn (USD2.4bn/EUR1.8bn) for the Lloyds branches over a month ago, the Wall Street Journal reported. Tim Tookey, Lloyds' interim chief, said on Tuesday that a "number of bidders" were interested in the branches, although the bank was still considering floating the business and will give further details on the process by the end of 2011, the paper said. Lloyds is selling 632 branches under an agreement with European Union (EU) regulators in exchange for their approval of its bailout. It hired JP Morgan Chase & Co (NYSE:JPM) and Citigroup (NYSE:C) to manage the sale. The Wall Street Journal cited reports suggesting that Co-op's offer could place it in the lead position in the bidding race. Private investment firm Sun Capital is also in talks with Lloyds over a potential offer, the paper said. Country: , UK Sector: Banking/Financial Services Target: Lloyds Banking Group's branches Buyer: NBNK Investments PLC, Co-operative Group Ltd Vendor: Lloyds Banking Group Plc Type: Corporate acquisition Status: Bidding Comment: NBNK's bid is USD2.4bn.

well i am back off hols .and i hope you remember i posted many times that the ceo was a loser and would be gone in a couple of years the man is a muppet.you now no i was correct.