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halight wrote: »

You need to take a bit of risk in life!

If you want a gamble then buy a lottery ticket.

sabretoothtigger

'Yellow Submarine was a good cartoon. Im glad cleaver isnt paul McCartney

Btw Iam Mewbie


http://www.youtube.com/watch?v=-FYGmMzwJRA

BenL wrote: »

So our taxpayer held shares have just had 40% knocked off. Oh great.

Why couldn't they release this news earlier and taxpayers would own well over the 43% of Lloyds/HBOS banking group.

That would be nationalisation which is why the shares are so low, the government doesnt want them

Medicsight - where do you get these tips DD?


Btw Hl sent me a letter to say they'll give people 5% interest but you need a sipp with them 5k+

Lloyds is set to unveil its full year figures on February 27, and is tipped to make pre-tax profits of around £1.3bn for 2008.

http://news.sky.com/skynews/Home/Business/Lloyds-Banking-Crisis-HBOS-Losses-And-Nationalisation-Fears-Drag-Down-Shares-Amid-Recession/Article/200902315223588?lpos=Business_News_Your_Way_Region_5&lid=NewsYourWay_ARTICLE_15223588_Lloyds_Banking_Crisis%3A_HBOS_Losses_And_Nationalisation_Fears_Drag_Down_Shares_Amid_Recession

Generali wrote: »

Ah ha! Commercial property write downs.

I thought it was loans gone bad. In some way a write down of land value they still own (?) doesnt seem so bad.

Safe as houses has been turned on its head I know but land is supposed to be a good long term bet


This is probably foolish of me but everytime I hear about write down I think possible future profits, obviously they would have to survive somehow in the mean time