Lloyds Banking Share Discussion Threads

[bargainbob] 23/4/2020 10:02

Diku how low will it go ?

[minerve 2] 23/4/2020 10:01

alex

Can you put links to your dodgy facts.


Thanks. :)

[pistonbroke1] 23/4/2020 09:33

So Coronavirus is going to be the next excuse to screw the banks. A search of companies house shows companies being set up in reddiness to make missold claims down the line.
Coronavirus Claims Ltd
Coronavirus Refunds Ltd
Coronavirus Compensation Ltd

There will be lots more.

Banks aren't allowed to ask for personal guarentees under this goverment 80 / 20 scheme so whats to stop companies just winding up and starting a new phoenix company once they have had the money.
Going to be a tough few years in this sector!!

[diku] 23/4/2020 09:22

Kiss goodbye to 30p and lower lows coming?...

[aljm] 23/4/2020 08:49

Sounds like the US already has one,

[pal44] 23/4/2020 08:46

K38 one year and we will have the vaccine..

[bargainbob] 23/4/2020 07:59

K38

Write off the next 12 months here .
But assuming dividends get restored to at least 3 p , within 10 years you get the Dire Straits scenario .

Money for nothing and your shares for free.

[xxxxxy] 23/4/2020 07:12

Ways to damage the economyBy JOHNREDWOOD | Published: APRIL 23, 2020Yesterday I published a study of the damage done to the UK economy by the boom and bust policies of past decades. It was part of a series of papers commissioned by the Centre for Policy Studies and published on Capx. It will  be followed by a web based event next Wednesday at 5pm. I looked at the Oil and Secondary banking crash of 1974, the Exchange Rate Mechanism boom and bust of 1989-92,  and the Great Recession and banking crash of 2005-9. In each case the Bank of England allowed easy money and credit to excess, then reined it in too quickly, causing a damaging downturn and creating massive instability in the financial system.I contrasted these big errors of the Bank with the more supportive policy of the new Governor, working closely with the government and so far keeping things liquid enough to avoid a financial and banking meltdown. I made my case that there is no such thing as an independent Central Bank serving  a single country. All Central Banks are state owned and answerable to those who run the government. They can appear to be independent for a bit if there is political agreement about their task and their performance, but as soon as a major policy issue or disagreement about economic policy arrives action will be taken to make the Bank supportive of government.Today the damage to the main  economies of the wrold  is the direct result of government policy to control the virus. The role of the Central Banks is to ensure the recessions brought on by lock downs do not turn into a financial crash as well. So far a hyperactive Fed and accommodating Central Banks elsewhere show they are  determined to  avoid a crash. They are also showing they wish to co-operate with their governments, seeing monetary and fiscal policy as important and complementary mechanisms.

[k38] 22/4/2020 23:38

If you hold, long that is, comeback in a year time.

[oapknob1] 22/4/2020 23:30

Is there anything about Lloyd's share price in this thread?

[k38] 22/4/2020 23:28

No it wasn't. If blair didn't support bush would have been no war.. Bush and Blair they kill more people than Saddam on his life time.

[minerve 2] 22/4/2020 23:25

k38

No one is saying it is moral. Just the right thing to do on balance IMO.

[k38] 22/4/2020 23:12

Minerva open your f#cking eyes..US greate wars to benefit the few.. leaving behind death and misery for year to come.Blair (and his comedian government at the time time) has a lot of blood on his hands. He knew what he was doing!!

[minerve 2] 22/4/2020 22:54

Only a mass murderer in your little mind Pierre.

And of course, if Blair hadn't have acted and followed your lead we would all sit and congratulate ourselves about peace whilst Saddam continued to gas Kurds by the hundreds of thousands.

What a hypocrite.

[minerve 2] 22/4/2020 22:38

Yes, short miner.

LOL!

[pierre oreilly] 22/4/2020 22:35

Lost for words minny? I understand.

[sentimentrules] 22/4/2020 22:31

been a while since here

lloyds was 50p i think

[minerve 2] 22/4/2020 22:30

Pierre, you are a funny little man/funny little Welsh boy.

Are you short like a miner.

[minerve 2] 22/4/2020 22:29

Ha ha.

Guffaw guffaw.

[pierre oreilly] 22/4/2020 22:15

Strange how those who admire Blair and his murderous ways also frequently wish death on much of our own population.

[pierre oreilly] 22/4/2020 22:11

Such a great bloke eh, teflon tony. Decided to kill half a million innocent people on the basis of a report saying Iraq could wipe us out in 15 minutes. So, quite an important report, must be from the special services mi5 or even more secret government spy and information outfits you would think. But no, it was from a uni students report. Yep, a report from a student. Half a million killed by blair on the basis of some student's report. We know it was morally obnoxious, but was it legal under international law? Well the attourney general advised teflon that an iraq war based on a student report would definitely be illegal, as would removing Houssain from office. That was until teflon ordered the ag to go and reconsider his advice, which he duly did, now saying it was legal (I think the term is 'under duress'). Even afterwards, the student's long range supersonic wmds never were found.

You have to be unbelievably ignorant or of the same ilk as a power mad mass murderer to think Blair was some sort of acceptable human being, let alone a decent leader.

At least he has one saving grace. Coming out at the last minute to tell everyone we should stay in the eu made anyone sitting on the fence undecided how to vote fall well into the leave camp, such is the hatred for the murdering power freak. How he escapes justice is beyond me.

[minerve 2] 22/4/2020 22:04

But just for clarity..

"Blair was in charge just before the financial crash of 2008-9..."

So what? Started in the US sub-prime market. Nothing to do with him.

"Blair was in charge when his administration sold half the nation's gold at $275 per ounce..."

Hindsight a wonderful thing. Probably seemed the right decision at the time. Do you know about gold old boy? Who are the major buyers and sellers and why? Probably not. ;)

"Blair was in charge when his administration backed George Bush jnr when decided he wanted to invade Iraq."

Yes. Right decision.

"Blair was in charge when the nation wasted billions on failed PFI initiatives."

PFI initiatives invented by the Tory party.

"Blair was in charge when the nation wasted billions on the failed NHS IT updgrades."

Companies introduced under a capitalist system of loose regulation supported and promoted by the Tory party since Thatcher.

"Blair was in charge when the Eastern EU bloc joined the EU..."

Right decision. You just don't see the advantages grandad.

"So Blair's administration maxed out the Nation's credit card, leading to years of austerity.."

Tories brought in austerity to then eventually waste all the money saved on Brexit and appeasing the Brexit gammons.