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

You must have broad shoulders, scott. That chip on it is getting heavier and heavier.

I seem to recall that it was the CEO of BoS, Peter Burt, who wanted to merge with Halifax to create a superbank and get more access to the English markets, despite Fred Goodwin (another chief executive of BoS) advising strongly against the merger. Burt had already failed in attempting a merger with NatWest, but as the new boy in the BoS team he wanted to shine.

So if BoS picked up a bad business, they only have themselves to blame.

Oh, and Burt was born in East Africa but educated in Scotland, before you decide that he is another english tway (some sort of local colloquialism?) ;-)

no, just a typo when i was busy typing.

its funny how media are slaying fred goodwin but hardly a mention for andy hornby. hornby has still been continually buying housebuilders even this year when everyone knows housing is knackered in this country. bad business maybe but to buy a business that has helped finish u off is horrific

at least rbs has bankers on its board......no-one on hbos (or should that be halifax) has any banking knowledge and sadly it shows

I reckon we should sell our mortgage books to Scotland, and see how well they do.
Considering most of them can only just read and write English, they would have little chance.

what are the figures then since you seem to know everyone in the country?

err, about 20% of country r english u dimwit........and guess wot.......1 in 5 cant read or write..........i think we all can surmise who r the thickos.
oh, and go to most major companies and you will see a lot of the educated ones on the boards r scottish............english education system is crap and has always behind scotland

and why would scotland want crappy english mortgages?

about time u lot stopped living off our oil and whisky money

Maybe we should introduce a paid for Visa to enter England from Scotland that would fill the coffers.

and maybe we should carry out a bit of ethnic cleansing to purify my great country

If all the Jocks living in England were to return to haggisland you would not have enough council houses to put them in.

Now then, now then, there's a tsunami heading this way - don't waste time discussing who makes the best beach-umbrellas.
-Run for the hills!

u r a racist........just like mitzy

good idea woaded one ..... let's have a bit of clearance like we did during the jacobite rebellions!

No I like black people

it was the english that drove us out of our own country centuries ago!!!!

u lot r rapists

yes cynic.....thats what i was referring to......about time someone did it to english to see how they felt.

r u black, clubman?

at least cynic is reasonably well informed..........u clubman r a moron......i doubt u went to school by sounds of it

).

err, clubman........its not just whether its anti-black that makes a person racist...........your terminology in recent posts makes u a racist

doh! jacobite rebellions, or did your school history books excise those other than battles of prestonpans (1745) and sterling (sic -lol!) in 1297 which was the precursor!

your spelling gone a bit there cynic.

as i say, at least i respect you as u have studied history and have well round knowledge on things

how much longer is markets going to be bad for cynic? any ideas

ok guys, enough - focus on the threads subject matter and not trading personal insults/accusations.

Ian

dope .... hence (sic - lol!) - and rotfl!

in honesty, i really have no idea at all and cannot make it out.
individual countries may well get hit harder than the global economy, which is how it feels at the moment, but it may be that the global economies - particularly india and china - will also suddenly fall off a cliff.

Clubman3509
What worries me is my holding in LLOY is going south, when I thought we were told the new LLOY-BOS would have greater incomes, economies of scale. etc.
-OR is this a new brand of sweeties, made in Chernoble, which glows in the dark and causes lukemia (fears)?
If LLOY has been dilligent in staying away from Halifax-style generous Mortgage deals (C+G being somewhat po-faced), then WHY would they touch HBOS with a barge-pole?
. . . . . Well, I understand both have been mulling-over a JV for some time, so it follows their finances are reasonably well understood.

Mortgage providers (dare I suggest NRK/B&B _?) were only "found-out" in these particularly difficult times, triggered by "sub-prime" - if US mortgage providers had kept to the "Mortgage Rules" there would have been no Sub-Prime market - but these jumped-up US-lenders flouted their Rules by pretending it wasn't a Mortgage Broker ( =my understanding...DYOR)....and traded "outside the rules" - it was this unconnected lunacy that made International Money-Markets look closely at our own Mortgage providers and the likes of NRK had already felt the effects when US-Banks and others stopped lending to each other. That was when they noticed HBOS/NRK/B&B were always taking money out of the system . . . . . although HBOS was nothing like the other two, I suspect.

Therefore LLOY/HBOS already know the state of their respective liabilities - hence the rush to join when the Merger-Regulations are "off" - earlier this would have been stopped!
AARGH!. . . . for YET still the LLOY sp falls (faster? than HBOS)- and I don't like it........Grr!