To The So Called Intellectuals On This Site

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stopmeandslapme said:
Should not a failed business be allowed to fail? I had shares in Lloyds before the meddler Brown forced the two banks to merge. My shares are now worth a fifth of what they were. If we'd let HBOS go bust, there'd be a few more beggars in Edinburgh but I wouldn't be out of pocket. You are in government. I lose. You gain. Who are you serving?
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If you took proper interest in the company you invested in, you would know that the majority of staff for both HBOS and Lloyds were actually based in England, and that the merged company now has a higher % of it's worker's based in Scotland than it did pre-acquisition.

Also, I'm not sure how the redundancy of 60,000 staff with an average annual wage of 12k a year would have benefitted the nation? Add to that the lost savings of customer's all over the UK due to the claim cap being just over 30k (of which you would only have gotten 90% back anyway), can you not see how it made sense to ensure the future of the company? I'll be honest, I think they did it the wrong way with prompting the Lloyds takeover, but hey I'm not the top dog making those calls.

In reality, you're just a bit pissed that you didn't have the sense to sell your shares before acquisition, and lost some money. Quick tip - that's what share trading is all about.
 
stopmeandslapme said:
Should not a failed business be allowed to fail? I had shares in Lloyds before the meddler Brown forced the two banks to merge. My shares are now worth a fifth of what they were. If we'd let HBOS go bust, there'd be a few more beggars in Edinburgh but I wouldn't be out of pocket. You are in government. I lose. You gain. Who are you serving?
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That's right slapme because the HALIFAX BOS only has branches in Edinburgh eh?

<doh>

You conveniently ignore the role other banks had in the crisis. Northern Bank anyone? Not to mention the role the Bank of England had in the whole sorry mess but that doesn't suit your little Englander mentality does it?
 
"David Cameron is a twat. Nick Clegg is a twat." Rowan Williams, June 2011.

Who'd have thunked it, I agree with the archbishop of Canterbury.
 
OSP said:
the merged company now has a higher % of it's worker's based in Scotland than it did pre-acquisition.
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Indeed, McBroon promised that there would be no job losses in Scotland so hundreds of employees in London had to go. "We **** up, you suffer".

OSP said:
In reality, you're just a bit pissed that you didn't have the sense to sell your shares before acquisition, and lost some money.
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True but I did take the opportunity to average right down when it hit 20p.
 
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