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Bank guarantee ended


ger12

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Feb 25, 2011
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firefly123

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Tins of beans? Gold bullion?
 
A

asbol

Considering it was only extended (originally) to December 31st 2012 I'd like to know when they extended it to March 2013?
 

Cato

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Ribeye

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Jul 12, 2011
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Relax ladies, it's just more spin;

"no new liabilities"

It's just not being extended, oh great,

After everyone has been repaid,

Yippee:)
 

corelli

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All going towards the normalisation of things fiscal. Can only be good news.
 

WTFcitizen

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Feb 24, 2013
Messages
79
Intrest rates watch this space

Save? The banks were paying the state for the privilege.
That will save the banks a few quid. Must have lobbied hard for that one,I wounder if they might hold off on an intrest rate hike {don't bet on it}
 
Last edited:

Ribeye

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Save? The banks were paying the state for the privilege.
Seeing as Cato is now on the thread, I'll be shutting up,

I'm not allowed to talk on this blog about the banks,

And I don't want to be banned for 3 flippin days again, without even being given a reason???
 

constitutionus

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sell sell sell !

:D
 

Howya

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Feb 29, 2012
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Save? The banks were paying the state for the privilege.

And in turn the State was paying higher bond interest because it had provided the guarantee
 

Ribeye

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And in turn the State was paying higher bond interest because it had provided the guarantee
Em, and repaying all the flippin bonds, at par, with interest no less,
 

firefly123

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Seeing as Cato is now on the thread, I'll be shutting up,

I'm not allowed to talk on this blog about the banks,

And I don't want to be banned for 3 flippin days again, without even being given a reason???
To give the rest of us a holiday;)



Just kidding ribser!
 

corelli

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Jun 13, 2007
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Lord god but this place would make you bang your head sometimes.

SURELY nobody can say but ending it is but a good thing?

It was a disaster to start with. Yes the banks have been paying a little for it, in comparison to its cost, but the State is blanket guaranteeing about 73 billions worth and it has HUGE adverse consequences for our credit rating internationally and our cost of borrowing.

ITS A GOOD THING ITS GONE.
 

Telemachus

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Apr 8, 2004
Messages
6,565
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en.wikipedia.org
All going towards the normalisation of things fiscal. Can only be good news.
Normalising the freak show surely.

Anyone who does business with these banks deserves whats coming.

For all the money that was given, they still havent begun repossessions or writing down loans. They have just simply sat on the cash and begun gouging everyone with fees and shyte interest rates.
 
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