Neville makes some good points, even acknowledging his own part in the problem. Sky seem to have accepted that the £14.95 thing is ****ing ridiculous, too.
Sky & BT are pissed off as they're getting all the flak when all they are doing is providing the feed and having their costs covered & all profits are going to the clubs .
It amazes me that if I am out of work for a year, I have funds for that scenario, luckily. I'm not even remotely wealthy by even the most surreal stretch of the word. I'm a bit of a hungry **** toward myself is all Institutions/businesses/banks that deal in billions have almost no resilience and it falls on those who saved a few bob they need during a pandemic to bail them out with gov loans to be paid back later and buying 15 quid a game games when you cant even have the lads around to watch Ugh
most of the UK banks which folded only did so due to notional losses based on downgrading their loans to risky doesn't mean to say they wouldn't have been repaid particularly in the case of mortgages as shown by ones like Bradford & Bingley .
If you've risks and you don't mitigate them, and then they become exposed, and you had to receive cash injections, it's pretty much what I said I think. I meant banks in general in the whole 2008 mess
Banks that didn't close, traded in ****, made fortunes and when the risks were exposed to sunlight, the assets (can I call bad debt assets?) became ****, which is a better way of saying their loans were downgraded tbh I was generally complaining, I didn't put that much thought into it. I'm no finance oddball either. So don't confuse me
in real life though the banks wouldn't close . By that i mean as an individual you have a mortgage but your house collapses in value . As long as you still have the income to pay the mortgage it doesn't stop you carrying on however the flip side of that is the bank holding the mortgage may be forced to look for new finance or owners .
yeah I get you, but wasn't it also that the issue was that so many of those mortgages were junk, never ever going to be repaid, millions of them.
on British banks more to the point no directors etc faced any sort of charge despite in some cases pretty clear evidence of dodgy behaviour the most obvious example being the first to go to the wall Northern Rock where most of the good assets had been transferred to another company set up by a number of the senior staff leaving the actual bank with all the bad assets . Put it this way the Daily Telegraph was very outspoken that in both cases charges should have been laid .
Similar thinks went down in Ireland ffs Goldman Sachs were just fined a few billion for bribery n sheeeet. Number of convicted banking execs = 0
at least the septics fined them and did bang a few up iirc here they just trousered ****ing huge pay offs when the Govt convinced some sucker to take them over - hello Lloyds
Swiss owners mate, that's what you want. Somebody who owns a company that actually makes stuff (like we used to do in this country, before we became a nation of spivs and chancers). We had one of them, but he died. Just our luck.
