Oh don't forget the gov still had their profit over the last 5 yrs whilst shareholders were looking through the windows the quicker we get the shares back of them the better good luck all long term holders
Lloyds had it's own toxics before the point of a gun take over of HBOS if you did some research. You could say Lloyds were victims of other Banksters..lol BTW if any one wants to complain about banks, they have a right to, whether you like it or not.
Brucey: I think we can leave out PPI from "run quite entrepreneuriialy"
Ofcourse 11m bonus (this year alone) is too much. He had/has a simply task to perform of selling off lloyds assets and paying down the debt. Helped by the uk economy improving. I don't think it would take anyone special to do the job. Put in a boss from most ftse 350 companies and they could've done the same job. Lloyds is following the recovery of uk econemy, if it was to drastically go downhill then his skill would not save Lloyds and the same apples the other way. All banks have recovered over the last 3 years so he doesn't stand out... And as for someone's point that he offloaded some of the governments holding?! The share price they required was achieved and they sold them!!
Just what I said the other day. but this is not the official version. It was entirely Gordon Brown's fault as he inveigled the then CEOS of Lloyds not the other way round. It ruined what was one of the strongest banks in the UK. It was still run quite entrepreneuriialy. Extraordinary how few people seemed to have had any connection mm. Sense.
LLOY is by far, Words fail me to say how far, the worst preforming share I own. And yet its CEO is paid more than all other company's I have shares in, CEO`s put together. Bout sums it up for me. GL all.
Do some research before you post, it was actually the government that made lloyds by hbos and that is what caused the toxic part of lloyds by taking on their debt. If lloyds had never. Bought hbos then we would not have needed to be bailed out and we would still have had dividends. Pay and reward works lloyds was the biggest divi stock until the government stepped in.
Good bank, bad bank whatever. Tesco is another example of performance doesn't matter, just give me the handshake with the cheque. The Banksters got paid handsomely for creating all the toxic and bad debt in the first instance. Now we have to sing their praises how wonderful they are sweetening the books. Win Win situation, history shows that's exactly what bankers are good at.
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