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.
For those who need it I understand pessimism can be a coping strategy for old folk, http://www.saga.co.uk/health/news/2013/march/pessimism-linked-to-longer-healthier-lives-394.aspx
84k sold, 204k brought. A big difference.
Long term this is only going north, top up on the dips.
Over 3% down
in US, more misery for us in the morn. Lloyds largest volume today, as those in the know head for the hills.
That will cost us shareholders, not Lloyds as such, dividends gone for another Q after PPI still raging this Q and so on. Dream is over. Long winter of woe to come. No year of horse, mind it comes around again, every few decades.
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