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About LinkBacksAnyone think this is going to happen,I see the UK is looking at suspending trading in banks tomorrow. Home | Mail Online
Anyone think this is going to happen,I see the UK is looking at suspending trading in banks tomorrow. Home | Mail Online
I would welcome this. It's gone far enough. Normally I am opposed to interfering in the markets, but this is an extreme situation and people are losing their life-savings.
IT will def be suspended if the sell off continues, has anybody seen the futures markets?
What would be the point?
1. At this stage nobody has a clue what to do.
2. Trading on the ISE on Friday was relatively well ordered (at least to an outsider).
There are times when you are simply required to be impolite. There are times when condescension is called for!
- Aaron Sorkin writing as President Bartlet to Obama, NYT 21/09/2008
You can't build a smart economy based on dumb decisions.
- Richard Bruton 18/12/2008
Dense and probably illegal as well.
Nationalise the bloody banks if you want and stop this insanity.
Measures like these will destroy whatever chance these markets have of recovery.
It is probably not a coincidence that the two countries where this has been mentioned most are Ireland and Italy.
The spivy murky twins of Europe.
Two countries with rotten political ruling parties, devoid of any ethical benchmarks so this sort of stuff is second nature to them
Losing the match 6-0, no problem. Get the ref to abanadon the match and declare it a draw until such time as you are certain it can be replayed with a favourable outcome.
There is nothing on a share certificate saying it has a guaranteed minimum value.
People need to respect this and stop behaving like spoilt brat children who can corrupt processes at will.
using taxpayers funds.
Let the shares be dealt on the markets. It would be wrong to prevent anyone selling their shares for what the market will pay if that is what the owners want to do.
Nationalisation is not the answer. It would only give the unions the ultimate weapon to blackmail us with - our money.Originally Posted by Anorakphobia
US House of Rep. Speaker Nancy Pelosi : "It's not a bailout, it's a buy-in"
"The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.'' ~ J. Edgar Hoover
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Yep.
Tomorrow stop all trading on teh stock exchange.
Next week extend it to property, freezing values indefinitely at whatever level builders/auctioneers and the Government feel is "appropriate".
Every day we are being fed crap that in is corrupt, illegal and deeply damaging but is being fed to a gullible media as "necessary in the current circumstances"
It isn't. Hank paulson started this ****************************************e 3 weeks ago and it has swept the World with every gullible media clown swallowing it.
When is this madness going to end?
Are you a bit of an eejit FT.. seriously
Or do you use any logical thought processes in which one post follows another ?
You are almost as bad as Factual when it comes to nothing more than spouting mantras, yet you show almost no understanding of what the mantras you spout actually mean
In one post above, you call for the market to be suspended because people are having their wealth wiped out, and in your next post, you are decrying nationalisation because it will upset the market ?
What exactly do you want ?
If the market deems that people have their savings wiped out, because the companies they chose to invest in managed their investments incorrectly, then so be it
Either interfere or don't... but you can't have your cake and eat it
As for suspending the market ? What use will it do ? Those who want out will just wait till it re-opens to get out
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