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Debate House Prices


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First Direct pull 5 year Fixed Rates

13»

Comments

  • :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Generali wrote: »
    Weren't all the economic problems caused by greedy banks being too big to fail?

    Big thanks to Mr Brown and the other 19 political leaders of the G20 for resolving the problem by making the banks bigger. What could possibly go wrong...?

    May be part of the problem and make solutions a lot harder, but size of banks not really the cause of the problem.
  • blueboy43 wrote: »
    May be part of the problem and make solutions a lot harder, but size of banks not really the cause of the problem.

    I watched a program the other day and it related that there was regulations on the larger banks to keep 8% equity (figure plucked out of the head), however there was no regulations of smaller banks, which then resulted in the banks created sub-banks to get round the regulations.

    Essentially the smaller banks carried the risks instead of the larger banks
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
This discussion has been closed.
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