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Bradford & Bingley? If not, why not?

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Comments

  • paul5046
    paul5046 Posts: 326 Forumite
    Masomnia wrote: »
    Safer than ever. Just keep an eye on the interest rate.

    Or go fixed rate. Any reason not to ?
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    paul5046 wrote: »
    Or go fixed rate. Any reason not to ?

    Good point. I was under the impression that the bonds only paid annually but it looks like you can get monthly interest paid on them.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • Rafter
    Rafter Posts: 3,850 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Main thing is not to put all your eggs in one basket.

    Personally I think Santander is too big to fail for the Spanish government, but ultimately the UK government would bail out the big UK banks and building societies first potentially.

    If you are really worried about risk and are prepared to accept a rubbish rate of interest then National Savings or Northern Rock should be your first port of call.

    After that I'd look at big UK Banks and Building Societies and see if they offer better rates than Santander owned banks (Abbey, Bradford & Bingley, Alliance & Leicester).

    R.
    Smile :), it makes people wonder what you have been up to.
  • edwinac_2
    edwinac_2 Posts: 268 Forumite
    shindigger wrote: »
    Ive just had 10 months of increasing unease as the car crash played out in Iceland. I will never do that again.

    "10 months of increasing unease as the car crash played out in Iceland", eh?!

    That's NOT what you said back in April 2008 when you were singing a very different tune about Icesave.

    Back then, you were actually applauding Landsbanki and its employment of spin doctors to work this forum.

    This from your posting of 11 April 2008:
    shindigger wrote: »
    As for the [Icesave] "spin doctor" she was doing her job. She needed to do it because of the ill informed rubbish that gets spouted on here.

    THAT is deeply sinister!

    You are obviously a lost cause, but what I find genuinely tragic is that decent people on this forum probably invested in Icesave after falling for the falsehoods you peddled about the doomed bank.

    Now you admit yourself that you had "increasing unease" way back in January 2008 that Icesave was at imminent risk of collapse.

    Nevertheless, as part of what you dub your scheme for "protecting my interest" - an untouchable, large deposit you had made in Icesave - you launched bitter attacks on anyone who questioned the bank's solvency.

    In truth, you yourself were one of those doubters.

    Such profound hypocrisy serves to highlight what devious creatures operate on this forum.

    Here we see a man with the morals of a serpeant. A man who is happy to jeopardise the savings of others in the hope of safeguarding his own.
    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
    -- Thomas Jefferson
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