paulboy83 wrote: »
Didn't the Chief exec of Icesave say the same thing a few days before they went down??
bazster wrote: »
He sure did, the lying bar-steward.
guppy wrote: »
I heard him on the radio. I generously put his hesitancy and general lack of confidence down to the language barrier/accent. But no, it was because he was talking (lying?) through his tightly clenched teeth!
apt wrote: »
I am a B&B shareholder and the shares are worth exactly what I paid for them - nothing. There was someone from the Shareholders Association (or something like that) up against the mighty Vince Cable on the Today Programme and bleating that B&B shareholders should get compensation. The Shareholders Association guy did not appear to notice that his two arguments - that the B&B directors should cough up for carrying through a misleadingly optimistic rights issue when the company was on the rocks or that Brown and co should pay because they nationalised a going concern - were entirely contradictory. Cable correctly pointed out the risks that go with investing in equities and that if the government had not intervened there would inevitably have been a run on the bank. B&B would have collapsed and further weakened the banking system. People who have lost money with a punt on B&B or NR shares or who have put their money in an offshore account of a foreign bank just have to accept that they have made a mistake and that they should not be bailed out by the British government and taxpayers.
cogito wrote: »
I told my MIL to sell her B&B shares when they were over £3. She didn't and her attitude is that they cost nothing, I've had good dividends so I've lost nothing.
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