irlee57
- 13 Aug 2007 09:03
any comments, thoughts, on this stock.
cynic
- 21 Nov 2007 08:30
- 869 of 1029
i am currently out, but fear that greed may force me to short again
cynic
- 21 Nov 2007 08:30
- 870 of 1029
i am currently out, but fear that greed may force me to short again
hlyeo98
- 21 Nov 2007 08:34
- 871 of 1029
Get in, cynic...the debacle will widen and Chancellor Darling will fall into it.
chesneya
- 21 Nov 2007 09:08
- 872 of 1029
Can you still get a short position on this?
cynic
- 21 Nov 2007 09:28
- 873 of 1029
possibly
greekman
- 21 Nov 2007 09:39
- 874 of 1029
For anyone who wants cheering up see the following. It's a sketch of the sub-prime fiasco. It's so near to the truth it's almost unbelievable. It is a wind-up so if you are only looking at serious debate don't go there.
http://www.dailyreckoning.us/blog/?p=619
kitosdad
- 21 Nov 2007 11:13
- 875 of 1029
Buyers seem to be winning at the moment.
hewittalan6
- 21 Nov 2007 13:20
- 876 of 1029
Very funny, Greek.
Too close for comfort in many respects, but a mile away on others.
Very true that it almost a self fulfilling prophecy. Had no-one got the jitters over property valuations, it would never have happened, and the best hope for a relatively blood free end to it all is a forecast of robust property prices, though I doubt that.
Even in satire, governments and brokers get hit, but surely the truth is that individuals decide what they can afford and want to do. Not governments and brokers. Lenders decide on their underwriting, not governments and brokers.
But we all know that governments will be blamed for allowing it to happen, and brokers will carry the can for the clients wrong decision.
Meanwhile the lenders will be bailed out by the taxpayer and destitute homeowners will be assisted by legal and / or benefit changes, even though both have only themselves to blame.
Anyway, enough of the serious stuff.
very funny and well worth a view.
Alan
hlyeo98
- 21 Nov 2007 16:39
- 877 of 1029
40 billion deficit in this NRK debacle will cost Gordon Brown his election.
cynic
- 21 Nov 2007 17:00
- 878 of 1029
he is perfectly capable of losing the election without the help of either NRK or "sweetness and light" aka Darling
cynic
- 21 Nov 2007 17:06
- 880 of 1029
you could have Minger if you would rather!
explosive
- 21 Nov 2007 21:54
- 882 of 1029
Lets not get started on politics....
cynic
- 24 Nov 2007 10:19
- 883 of 1029
it amuses me greatly to hear RAB squawking that it is unfair to the shareholders - aka them! - if they do their bollox! ...... oh dear, oh dear, oh dear! ...... so this bunch of so-called professionals looks likely to have chucked 80m down the drain ...... i cannot believe the incompetence of these guys; similar happened with Barclays and BFC just before that went into receivership ..... the rest of the world knew it was going to happen, but they knew better - didn't they just!
halifax
- 24 Nov 2007 11:52
- 884 of 1029
The difference is Barclays ended up owning BFC (for what its worth) and RAB will end up with 80m of wallpaper.
aldwickk
- 24 Nov 2007 13:13
- 885 of 1029
Off topic again, when are they going to award Tony Blair the best actor of the last 10 years, for his role in the film ' Britain, a country betrayed '
cynic
- 24 Nov 2007 14:29
- 886 of 1029
and i bet Barclays did too!
hlyeo98
- 24 Nov 2007 18:50
- 887 of 1029
I think that NRK will be having a Kamikaze next week. Be warned. SELL out before it's too late.
mojo47
- 25 Nov 2007 14:21
- 888 of 1029
I dont think so if they get down to around th 50p mark someone will buy them in the hope that thye will be given a life line, migh be a few pound to be made for the brave and i just migh jump back in with them agin for a very short time.