tag:blogger.com,1999:blog-36939759.post2660210536941869005..comments2024-01-17T07:03:57.842+00:00Comments on The Mad Ranter: The £100bn bank loanFlipChttp://www.blogger.com/profile/09449939046593105926noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-36939759.post-78823178051310063662012-09-24T08:23:28.313+01:002012-09-24T08:23:28.313+01:00Don't be afraid to ask competitors and other l...Don't be afraid to ask competitors and other local, related businesses for referrals. Seek out banks that give loans of the size and type you want.Credit card apply onlinehttp://www.creditcardapplyonline.co.uknoreply@blogger.comtag:blogger.com,1999:blog-36939759.post-60121880202475522222012-08-02T10:33:38.890+01:002012-08-02T10:33:38.890+01:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/05348397225607648241noreply@blogger.comtag:blogger.com,1999:blog-36939759.post-64779940856348887512012-06-21T14:45:48.649+01:002012-06-21T14:45:48.649+01:00I use this blog. I can just spill it and if you wa...I use this blog. I can just spill it and if you want to read it you can and if you don't you don't have to. <br /><br />Otherwise I'd be grabbing people down the pub and spouting it all to them ;-)<br /><br />What does surprise me is that I've not seen anyone else pick up on how similar this arrangement is to the sub-prime stuff that all out politicians have vowed not to let happen again.<br /><br />Seriously not this exists there's nothing stopping a bank from giving a mortgage to someone who can't pay it back; swapping that 'asset' for cash and loaning it out to someone else who can't pay it back.<br /><br />If (when) it fails the bank will have to pay the BoE back the money it took, but it won't be able to and the BoE won't push for it because that could cause the collapse of the system. So they'll probably end up wiping out the bank's debt; but not the mortgage holder's of course they still owe the money.FlipChttps://www.blogger.com/profile/09449939046593105926noreply@blogger.comtag:blogger.com,1999:blog-36939759.post-74122255843867032802012-06-21T10:42:12.150+01:002012-06-21T10:42:12.150+01:00How do you remain sane?
Seriously, just reading t...How do you remain sane?<br /><br />Seriously, just reading this feels like it's tipping me over the edge.Orphihttp://blog.orphi.me.uk/noreply@blogger.com