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Author Lehman Brothers
James
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14th Sep 08 at 20:45   View User's Profile U2U Member Reply With Quote
All Torque
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Ben J
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14th Sep 08 at 21:52   View User's Profile U2U Member Reply With Quote
Didn't know Jens had a brother?
James
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15th Sep 08 at 00:09   View User's Profile U2U Member Reply With Quote
nobody follow finance/business then?
willay
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15th Sep 08 at 04:03   View Garage View User's Profile U2U Member Reply With Quote
you're next James or at least you will get bought out.
James
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15th Sep 08 at 07:57   View User's Profile U2U Member Reply With Quote
We've been bought by Bank of America.
willay
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you hope so.
James
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15th Sep 08 at 08:23   View User's Profile U2U Member Reply With Quote
We have - read the news.
willay
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yeah i did mate, its been agreed but not done? or did I read it wrong?
James
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15th Sep 08 at 08:37   View User's Profile U2U Member Reply With Quote
Yeh it's not done because it takes time.

I would say it's about 99% certain though.
willay
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brush up that cv mate
Tom
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Who do you work for again James?
willay
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Merrill Lynch
James
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quote:
Originally posted by willay
Merrill Lynch
willay
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james do you fancy a bum
James
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ed
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It baffles me where all this money has gone. As I understand banks have invested in sub-prime mortgages to make themselves a shed load of money, now it's gone tits up it's the state that has to pay for it all. I'm guessing there are quite a few very rich bankers out there.
willay
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the rich ones are the ones who saw it coming early and got the fuck out or put a bet the oppsite way ala goldman sachs, they got some proper fucking massive bonuses for basically saving the companies ass and rep

its just the economy making its full cycle, bring on the recession and then we can start the cycle again
willay
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also if the state didnt pump billions into the system then we'd be seeing some proper fucked up times, like the northern rock situation if the goverment hadnt stepped in then people with over 32k banked or whatever the cap is would loose everything over that set limit.
VegasPhil
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15th Sep 08 at 10:41   View Garage View User's Profile U2U Member Reply With Quote
Seen the share prices

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willay
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the ftse ? yes taking a proper spanking today
VegasPhil
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15th Sep 08 at 10:43   View Garage View User's Profile U2U Member Reply With Quote
Next UK bank to go then? My money's on Bradford and Bingley

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VegasPhil
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15th Sep 08 at 10:43   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by willay
the ftse ? yes taking a proper spanking today


Check the uk bank ones

HBOS down 21% right now

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willay
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No idea about the UK, HBOS isnt looking too chirpy today

VegasPhil
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Now down 33%... Christ

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