Anyone seen any bankers jumping out of windows yet....???
Anyone seen any bankers jumping out of windows yet....???
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Tony*T3

Original Poster:

20,911 posts

276 months

Monday 19th January 2009
quotequote all
RBS 50% down, Lloyds in freefall, even HSBC....

Anyone jumped from the top of Canary warf yet....?


Some of the 'usual suspects' from the city seem absent on PH today....

TankRizzo

8,012 posts

222 months

Monday 19th January 2009
quotequote all
Soovy's probably out buying crates of tinned fruit and a shotgun...

loafer123

16,664 posts

244 months

Monday 19th January 2009
quotequote all
I think it's the shareholders who would be jumping...

G'kar

3,728 posts

215 months

Monday 19th January 2009
quotequote all
Tony*T3 said:
RBS 50% down, Lloyds in freefall, even HSBC....

Anyone jumped from the top of Canary warf yet....?


Some of the 'usual suspects' from the city seem absent on PH today....
I'd hazard a guess they are shorting themselves to a decent Porsche wink

madala

5,063 posts

227 months

Monday 19th January 2009
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...I would love to see some of the "top brass" doing the honourable thing...

rude-boy

22,227 posts

262 months

Monday 19th January 2009
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I've just got back from a mass purchase of veg. seeds smile None of this tinned stuff for me.

Somewhatfoolish

5,071 posts

215 months

Monday 19th January 2009
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nerd

This is an urban myth. In the great wall street crash of 1929 there were only 3 confirmed suicides of bankers

sprinter885

11,550 posts

256 months

Monday 19th January 2009
quotequote all
Tony*T3 said:
Anyone jumped from the top of Canary warf yet....?
Don't worry-they'll get caught by Gordon's "Safety net" !

Landlord

12,689 posts

286 months

Monday 19th January 2009
quotequote all
madala said:
...I would love to see some of the "top brass" doing the honourable thing...
Well, y'see. Notionally - Sir Fred Goodwin has already done the "decent" thing. Stepping down and not exercising his million-pound payout option.

However, I read somewhere that he'd already amassed an £8m pension and someother huge sum of shares (in the millions). So, it's like it'll be painful for him.

Super Bad

556 posts

241 months

Monday 19th January 2009
quotequote all
sprinter885 said:
Tony*T3 said:
Anyone jumped from the top of Canary warf yet....?
Don't worry-they'll get caught by Gordon's "Safety net" !
laugh

grumbledoak

32,565 posts

262 months

Monday 19th January 2009
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I cannot see the City boys losing that much today. With Clown and Badger permanently on TV telling everyone what their intentions and budget are. Kinda funny to watch, in a car-crash sort of way.

madala

5,063 posts

227 months

Monday 19th January 2009
quotequote all
Landlord said:
madala said:
...I would love to see some of the "top brass" doing the honourable thing...
Well, y'see. Notionally - Sir Fred Goodwin has already done the "decent" thing. Stepping down and not exercising his million-pound payout option.

However, I read somewhere that he'd already amassed an £8m pension and someother huge sum of shares (in the millions). So, it's like it'll be painful for him.
.....all depends where he has got it "stashed".....hopefully it will be extremely painful for him.....

tinman0

18,231 posts

269 months

Monday 19th January 2009
quotequote all
Somewhatfoolish said:
nerd

This is an urban myth. In the great wall street crash of 1929 there were only 3 confirmed suicides of bankers
We're not doing bad with this one though.

I think there was a jumper in Wall Street at the end of 2008.
There was another guy who shot himself at home in the US
I'm sure there was a British banker recently who achieved a 100% rating in moving on
There is a German investor who lost $400m who used a train earlier this month to opt out

All we need now is the boss of RBS to do the honourable thing and take a pay cut by leaping from his office. Actually, it would be nice if quite a few of the bankers on the boards of these companies took a small pay cut.

Size Nine Elm

5,167 posts

313 months

Monday 19th January 2009
quotequote all
Landlord said:
madala said:
...I would love to see some of the "top brass" doing the honourable thing...
Well, y'see. Notionally - Sir Fred Goodwin has already done the "decent" thing. Stepping down and not exercising his million-pound payout option.

However, I read somewhere that he'd already amassed an £8m pension and someother huge sum of shares (in the millions). So, it's like it'll be painful for him.
... but his pension was invested in RBS shares...

s3fella

10,524 posts

216 months

Monday 19th January 2009
quotequote all
Many in banking knew that RBS jumping in for ABN Amro ahead of Barclays was a stupid offer and would be one they very much regretted one day.....came a bit sooner than expected, maybe, but I have little sympathy as it was a totally stupid move.

But where are the people that made these decisions, why is it that they are not accountable for their illformed judgements?

Hate to say it, but it needs one of these banks to "go". I think then the pressure would maybe reduce on the rest, unless they are all intertwined with each other.

Fittster

20,120 posts

242 months

Monday 19th January 2009
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s3fella said:
Hate to say it, but it needs one of these banks to "go".
They don't seem to go, just get nationalized.

Austin.J

888 posts

221 months

Monday 19th January 2009
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"lloyds banking group" share price this morning when i started work was just under 102p

19/01/09 14:41 66.5 -31.9p thats the current price.

someones getting fired.

Tony*T3

Original Poster:

20,911 posts

276 months

Monday 19th January 2009
quotequote all
Banks actually failing would bring te government down though wouldnt it? So they wont let it happen....

Scuffers

20,887 posts

303 months

Monday 19th January 2009
quotequote all
s3fella said:
Many in banking knew that RBS jumping in for ABN Amro ahead of Barclays was a stupid offer and would be one they very much regretted one day.....came a bit sooner than expected, maybe, but I have little sympathy as it was a totally stupid move.

But where are the people that made these decisions, why is it that they are not accountable for their illformed judgements?

Hate to say it, but it needs one of these banks to "go". I think then the pressure would maybe reduce on the rest, unless they are all intertwined with each other.
Exactly

would have been little different is Barclays had 'won' Amro...

makes you wonder if theses clowns know what due diligence actually means?

What I can't quite get my head round is that Amro lent this guy £2.5B un-secured? if the guy is a billinare, how come they have not gone after him for the money?



rude-boy

22,227 posts

262 months

Monday 19th January 2009
quotequote all
Fittster said:
s3fella said:
Hate to say it, but it needs one of these banks to "go".
They don't seem to go, just get nationalized.
And that is why we are getting fooked to my non expert eye.

If the Government had let one fall then there would be none of this going on today. The 'players' all know that the Government will step in and ensure that the survival of the banks so until they are nationalised they are fair game rolleyes