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About LinkBacksEamon Ryan just said this in the Dail. So, why are we going to be buying these "assets" ?
Eamon Ryan just said this in the Dail. So, why are we going to be buying these "assets" ?
To help out their property developer pals.Originally Posted by Digout
This is aprox 30 billion, mostly up north and in britland.
30 billion, jeez let them eat cake.
Toxic assets? Am I soon to be the proud part-owner of own a multi-storey car park at Sellafield?
The assets outside are probably going to be more valuable than the ones inside the state. There's nothing toxic about the assets. The price tag might be.
I don't see what difference this makes.
Because if we don't our access to ATM machines, chequebooks, and the ability to pay our bills will go the way of the Dodo.
This "bailout" boIIox is really becoming tedious.
Sounds great, if you are an opposition mouthpiece, but factually incorrect.
"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
Get them sold asap, property prices going down in UK and once estate agents find out these are toxic assets owned by a foreign Govt you are into a fire-sale and every two-bit Pakistani lad on the way up will be on the carcass like flies to shlte.
Last edited by stanley; 8th April 2009 at 04:58 PM.
Just to clarify - BL said this morning they are mostly in the UK.
No ... half of them are, not most.
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