Bank Funding

setmefree

Once again personal abuse thrown at me,I make people aware of the latest articles and all i get in return is abuse..so far i'm mad and an idiot,lets see what happens over the next few weeks concerning the Banking Industry before making such remarks about me...

setmefree

Oops Government have finally seen sense, who said the little man has no influence.

http://news.bbc.co.uk/1/hi/uk_politics/7362283.stm

setmefree

Things just get better,but if they do have to pay out,wouldn't it be the tax payers money they use??? another question that must be asked to Gordon Brown

http://news.bbc.co.uk/1/hi/business/7362856.stm

setmefree

how the mighty fall

http://news.bbc.co.uk/1/hi/business/7362353.stm

setmefree

now many people are wondering why i'm only using negative posts,well the answer is quite clear.
how many people have had a response of tough,you got yourself into debt that's your problem.
How many people have had their properties taken from them,and received the answer of if you took more care of your debts you wouldn't be in this position in the first place.
Well now the boot is on the other foot,and i will continue to post the truth,and i couldn't give a damn if people like it or not.

http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/shares/3/498/0/default.stm

Mikeyorks

setmefree wrote: »

now many people are wondering why i'm only using negative posts

...... or give a damn? Must get lonely posting negative rubbish to yourself.

ShelfStacker_3

setmefree wrote: »

Well now the boot is on the other foot,and i will continue to post the truth,and i couldn't give a damn if people like it or not.

I'm sorry, the truth actually is that you're making mountains out of molehills, most likely precipitated (as the post I quoted seems to imply) by some kind of bitter experience with a bank. I'm not sure how a bitter experience would a bank would inspire one to link to negative news stories about banks, but you appear to have managed it.

Give up. Nobody's interested.

setmefree

Once again personal abuse.

NikkiP_2

The banks assets ( loans , mortgages etc) are secured to the Government.
In return the Govt gives the banks Govt Bonds.
Not at 100% but at a discount in favour of the Govt.
The banks can then borrow from other banks using the Govt bonds as security. This means the other banks should lend the other banks at lower rates as they are secured by Govt Bonds.
If some of the mortgages are 'bad' and have been passed to the Govt any bad debt is to be taken by the BANKs.
This should ensure that Libor comes down to around base rate.
You will then see interest rates go up as Inflation is out of control.
Govt says it is 2.5% but that is b'''ocks. Look at the price of energy, food , petrol etc.

ShelfStacker_3

setmefree wrote: »

Once again personal abuse.

Seeing as you don't appear to be open to reason, and instead intent on carrying on some kind of quixotic crusade, there's not much else I can do, really.