Member Info for Buzle

1 Don't you think the sell off will have begun tomorrow on the run into the results ? 2 Q3's figures will include times the poo dipped below $40/b and may have taken some heavy write downs on sales of businesses.

To sell before next weeks results -- can't be great reading for q3

There's a seat for you at gamblers anonymous or your just very very rich and don't need the money.

Yes I know - I've been to London -- it's a different country -- little wonder they voted remain -- walking through London is like tuning up through a short wave radio. Just stating facts that's all. One good thing I'll say - I was there this year and was impressed how much cleaner it was since I was last there 25 years ago, back then it was a grimy, dowdy, expensive hole so wasn't keen about a trip to the city but was pleasantly surprised -- air quality is still very poor though. Bob I agree with you -- this bank should have been dismantled in an orderly fashion

Halfmist -- why didn't you invest the money in big oil -- that was a no brainer --- when shell was the one I went for like a hungry Cat

There was a banking crisis in 1920 -- they let the banks fail -- on one remembers it. ! We have allowed this and other banks to get away with theft and even rewarded them. In the following years after the banks collapsed people having lost trust in the banks started investing in the stock market and like sheep everyone followed as they seen the gains thus creating the bubble that burst in 1929 -- this time it's actually worse because the banks were allowed to carry on making huge losses and the low interest rates are causing the same problem as we had in 1921 - people want to be able to put their money somewhere it won't get destroyed or devalued ( devalued by inflation ) so the golden goose was again property which caused the 2008 problem ( basically should have been a house price crash ) but now that the government is milking property owners ( big tax changes to come next year ) there may be another stock market bubble as people sell up property -- I think that bubble has already begun along with our currency being rebalanced it's the perfect storm -- all the governments fault they can't see beyond property and will do whatever to keep people buying and building. Then there is the huge amounts the government pay in housing benefits -- how is it sustainable ? You tell me.

Did you read my post correctly - I certainly wasn't comparing rbs to Woolworth's -- just that Woolworth's was a business which got into trouble and is gone but my point was about the many business who failed directly because of the actions of this bank. Nothing to do with comparisons. Woolworth's probably deserved to be gone -- so does rbs that's the only comparison between both but rbs more so because it's still doing untold amounts of damage to others if reports are to be believed. Other banks are at this activity too but this toxic bank is in disarray and it's customers are paying for it along with the tax payer. That's the point I'm trying to make.

It's time the government took this in hand and got rid of this bank. I'm fed up paying tax to feed bonuses to rbs staff for making monumental mistakes. - if it was a manufacturer or any other type of business it would be gone like Woolworth's -- the incidious thing is that investigators say this business has deliberately destroyed many other worthwhile business as a result of it's own worthlessness.

At £5.50

Will push this back to the old £1.40 aka £7 or there abouts so I'm staying put for a while.

Did you get the bit about big oil companies ( shell especially ) investing and borrowing heavily in exploration for new oil and now that there's a glut they are back peddling by selling off good assets to compensate for all the spending in the boom years, so that's what makes this sensitive to interest rates, world economy and of course a low oil price. This is in for a turbulent time until oil price recovers -- all makes perfect sense doesn't it ?

http://www.bbc.co.uk/programmes/b006r4wn. Click on Big Oil Big Trouble Makes sense of the lower share price.

Why would being out of the eu worry you ? The isle of man have never been in it ( or the uk ) they are a crown dependancy but have their own economy and don't rely on the uk for financial aid. They don't have lengthy legal processes to get through to decide what to do with someone who swears at a policeman. They also don't have convicted murderers and terrorists in government which helps.

Was on the earlier train but hopped off for a dump and hopped back on but I'll flush on the return journey

It's just the start -- we may get the firework display soon, then it's party time!

And cut the losses --- call in the administrators --- share holders would and rightly should get nothing for being silly enough to own shares here. The government should then pay back all the money taken from the tax payer . This bank is toxic -- just saying it like it is.

looking for just south of £18

But my head says sell .. so I sell .... thank-you Glax and bye bye for now.

This morning along with everyone else ... too close to my target to start getting greedy

165p ... before I buy back in ..... wont be long at this rate.