Which banks ARE safe then?
Discussion
A lot has been said on here recently (using plenty use of hindsight by some it has to be said 
), about people and not to mention 116 councils sticking their money in the “wrong” banks.
For the benefit of those of us that are not in the know (eg me), which banks would the panel be happy to put their own money into if they had some?
In the interest of debate let’s assume the amount to be invested requires 10 banks minimum to stand half a chance of not losing anything. A sensible return is also essential so sticking it all into National Savings isn't the answer.
Let’s also not forget that only one bank from any one banking group is allowed (eg Santander, Abbey, Bradford & Bingley, Alliance and Leicester).
So, which 10 would you pick?
We can then look back at this when this horror has unfolded some more and see how close we were to getting it right
), about people and not to mention 116 councils sticking their money in the “wrong” banks.For the benefit of those of us that are not in the know (eg me), which banks would the panel be happy to put their own money into if they had some?
In the interest of debate let’s assume the amount to be invested requires 10 banks minimum to stand half a chance of not losing anything. A sensible return is also essential so sticking it all into National Savings isn't the answer.
Let’s also not forget that only one bank from any one banking group is allowed (eg Santander, Abbey, Bradford & Bingley, Alliance and Leicester).
So, which 10 would you pick?
We can then look back at this when this horror has unfolded some more and see how close we were to getting it right
t storm
Timmy35 said:
Bank of Tim, safe as houses. Hand it over.
;-)
Smack Bank is a breath of fresh air in the world of banking. Opening a new account, you will receive a welcome gift of Champagne and Chocolates.;-)
And you will sleep soundly at night, with the knowledge that your money is being
Our Indian call centre will make you feel like
Join us, with the knowledge that your investment is making the world a better place.
smack said:
Timmy35 said:
Bank of Tim, safe as houses. Hand it over.
;-)
Smack Bank is a breath of fresh air in the world of banking. Opening a new account, you will receive a welcome gift of Champagne and Chocolates.;-)
And you will sleep soundly at night, with the knowledge that your money is being
Our Indian call centre will make you feel like
Join us, with the knowledge that your investment is making the world a better place.
kthxbye
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