Northern Rock will set the ball rolling on Friday as it starts the
banking reporting season. Today there appears a good rise on both
HBOS and LLOY, there may be on others also but I only watch these two.

Any views from banking shares holders?
Which do you hold and why?
How relevent is the debate about the housing market in the bigger picture?
Is being in mortgages a benefit or a liability?
Yield rates - good enough, too ambitious or about right?
More consolidation/buy outs following Abbey turning Spanish?
Is this still really a boring defensive sector? I think not!

Personally I feel this sector has been undervalued for too long.
Compare the banks and their yields and their share price to other
sectors and the price you would have to pay to get the same yield
elsewhere and in a sector that is so much a part of everyday life
that it is just not going to disappear!

If it's not a sector you have bothered with before, it's worth looking into.
But that's just my opinion and as always DYOR and make up your own mind
no-one would seriously make a decision based on the opinion of a
bunny! LOL!!