Lloyds Banking Group, produced by the merger of Lloyds TSB and the Halifax banking group HBOS, is the biggest ever UK bank. The combined group, with around 145,000 staff and 3,000 branches, will control around a third of UK's mortgages and a quarter of all savings. The government owns 43.4% of Lloyds Banking Group, 36% are owned by Lloyds TSB shareholders and 20% by HBOS shareholders.
Wed 23:54MortgageFreeMogo82.75No Opinion I am sick to the back teeth of it Mogo. House prices, interest rates, QE, Gold, War efforts, shorting... These guys are behind everything. The greatest transfer of wealth from the poor to the rich we will ever see. It is not just the poor now, it is their children and their children's children. Born into debt, cannot ever afford to buy their own home and told that it was their parents fault for being greedy. It all sits in London - gambling and we CANNOT win. If they win; money goes into houses, food, energy and ALL costs go up faster than inflation/ salaries. If they lose; we pick up the bill and become more entrenched in debt that they walk away from (2007/08) A revolution is required and will happen. Every empire in history has fallen and this 'Bank Empire' will fall also. One day we will look back at bankers and think of them in the same way as; Nazi's, War mongers and thieves. Invisible faceless scum.
might I suggest you watch the 2nd and 3rd links at least , first link about 18 minutes in and start of the 3rd links before you decide to use the buy to let scheme . worth watching the full conversations . off course it is your choice .
When The Herd Turns
http://www.youtube.com/watch?v=qrz76_j9MRs&list=UUs8SA3E0FAGsI6fdHZe88oQ . Prof Steve Keen worth the watch for 8 minutes . also good watch with more of prof S Keen . http://www.youtube.com/watch?v=7F2FKxxN_IE&list=PLB5447FB68AEE7C02 . a must watch unless you believe in neo classic economists . another good watch . http://www.youtube.com/watch?v=La4JEwyr094&list=PLB5447FB68AEE7C02 . Ann Pettifor
STILL A LLOYDS BELIEVER!!
Put my ISA max in Lloyds shares late March. Sold loads to provide Mt 25% deposit to get my HSBC Premier Mortgage Buy To Let interest only mortgage. I think houses are safer than the way HMG are ****ing all good "Lloyds Believers" about!! Will be stocking up again very soon!!! This share will deliver & deliver as a dividend return share!! A lot better than any pension "rip-off"!!! GLA!!!
pensions i'll just leave this link . http://pensionstheft.org/ . there's others ,
RE: Another sell off
I have been away from this discussion for most of the day.The latest Govt sale just above 75p caused a lot of disquiet on this discussion Board. Perhaps it is the case that the HMG is bound by some conditions not to sell further lot/s for about 3months. IMHO we should see some jump next week to near 77p. GL
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