Halifax Regular Saver - Rate dropping tomorrow

opinions4u

apt wrote: »

that's a drop in the ocean compared to the billions that taxpayers are going to have to pump into HBOS partly because of its management's failures.
Agreed. However those £bns involve an equity stake and at 12% return on the preference shares taxpayers will do well in the long run.

They are still bringing out endless new products and issuing more rewards than a wild west sheriff.
Well blow me down with excitement at their reckless 3.5% reward product.

They still don't seem to have learnt the need to be more consistent and conservative and not to run a retail bank like a supermarket.
Their retail bank appears to be run far more prudently and profitably than the other parts of their business. While I don't doubt the big mortgage book will take a hit over the next 12 months, the bank's Corporate and Treasury divisions are responsible for their demise.

Are you suggesting that they should stop offering the readers of this forum and other customers a decent return from time to time?