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Lloyds TSB     

Clubman3509 - 29 Sep 2008 11:39

Anybody think Lloyds will bail out, or not be able to continue with HBOS takeover

nordcaperen - 30 Sep 2008 15:23 - 54 of 61

To be totally honest another bid from another source wouldn't be a bad thing all round - it could kick start a buying rally once again and bail the Government out the s*it. An earlier post said if they knew the bailiffs were knocking on the door they would be willing to renegotiate - well so would other buyers as well, personally if you tried to renegotiate with me I'd strip the house and burn the thing down first. Hope they dont do that - not till the firemen strike anyhow :-)

scotinvestor - 30 Sep 2008 15:41 - 55 of 61

snp government will also prefer banco taking over as its foreign

nordcaperen - 30 Sep 2008 15:47 - 56 of 61

Can see Hbos rallying back in last half hour - Just topped up so hope I'm right ! Just been reading other threads and snippets of news and gave me the distinct impression they are quite a good bet.

nordcaperen - 30 Sep 2008 16:26 - 57 of 61

Out !! That cost me few quid though ! Still fancy them to bounce back but no way leaving any banking position open overnight. I'd rather take a loss on the day - Oh well you cant win them all :-(

cynic - 30 Sep 2008 16:29 - 58 of 61

why did you not hold? ..... they're cheap enough and in fact have been all over the place in last few mins - low about 119 and back up to 124

nordcaperen - 30 Sep 2008 16:36 - 59 of 61

No Chance, not in this market - I really do think they'll come storming back .... when is the question, news tonight can swing it either way - might be able to buy back cheaper in the morning again, maybe not, but they will come back. Cant see Lloyds being allowed to renegotiate a deal at all. Only way it wont go through is shareholders vote against it - and if you offered me a company for less than half it was worth I'd snap your hand off, any shareholder in their right mind must be able to see they have got the deal of the century. But saying that I didn't see B&B being raped like it was !!

tipton11 - 30 Sep 2008 17:28 - 60 of 61

However old fashioned tipton is just hoping that our Board will learn from RBS failure and renegotiate HBOS terms ... while the Board are meeting they could agree to accept some of their fees in shares, after all this appears to be good for us ordinary mortals

Clubman3509 - 01 Oct 2008 10:39 - 61 of 61

EU approves Bradford & Bingley rescue plan
AFXU


BRUSSELS, Oct 1 (Reuters) - The European Commission approved on Wednesday a rescue plan for British mortgage-lender Bradford & Bingley that was one of a string of efforts by European authorities to limit contagion from the U.S. financial crisis.

A bit late
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