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Banking/Shares

Discussion in 'General Chat' started by Bronco, Aug 1, 2023.

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  1. Bronco

    Bronco Star Player
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    Just to add the subprime fiasco that crashed the world economy and PPI that no one got a prison sentence for, Lloyds actually paid everyone out who put a claim in as it was cheaper than fighting it, needless to say any working guy who had but a few bob away in Lloyds and the likes got one hell of a spanking
    financially.
     
    #1 Bronco, Aug 1, 2023
  2. QCFC BANTAM

    QCFC BANTAM Regular Starter
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    No need to tell me Dave!! Worked there for best part of 30 years.....
     
    #2 QCFC BANTAM, Aug 1, 2023
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  3. Bronco

    Bronco Star Player
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    Lloyds ?.
     
    #3 Bronco, Aug 1, 2023
  4. QCFC BANTAM

    QCFC BANTAM Regular Starter
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    Yep....started as Halifax but ended up Lloyds...
     
    #4 QCFC BANTAM, Aug 1, 2023
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  5. Bronco

    Bronco Star Player
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    Long story but to cut it short my mother got some Halifax shares when they demutualised and passed them on, so I left them in an account adding more when flushed and reinvested the divi, along came the subprime and the arse dropped out followed by Brexit again taking a bit hit, I believe at the time they were over £7 a share now 0.44 per share.
    What's your take on IFollow ;).
     
    #5 Bronco, Aug 1, 2023
  6. QCFC BANTAM

    QCFC BANTAM Regular Starter
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    I'll tell you my story next time I see you.....

    ifollow - let's just say I will be paying the going rate for a pass from some sunny climate this weekend.....I can feel a foreign destination beckoning....
     
    #6 QCFC BANTAM, Aug 2, 2023
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  7. Ulysses S Grant

    Ulysses S Grant Squad Player
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    Exactly the same here, I bought more and they're now worth diddly, but the arse fell out of them long before brexit. They lost pretty much all of their value when the banking crisis hit and havebstumbkedcslong between 40p & 70p since.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    #7 Ulysses S Grant, Aug 2, 2023
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  8. Bronco

    Bronco Star Player
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    Yes as I posted the first massive drop was the subprime fiasco that crashed the worlds economy, then brexit dropped them 25% just getting back above the 0.50p when Russia attacked Ukraine.
     
    #8 Bronco, Aug 2, 2023
  9. Ulysses S Grant

    Ulysses S Grant Squad Player
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    Easy target. Blame Brexit.
     
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    #9 Ulysses S Grant, Aug 3, 2023
  10. QCFC BANTAM

    QCFC BANTAM Regular Starter
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    Definitely the banking crisis, when HBOS was bailed out by Lloyds, as told to do so by Gordon Brown, otherwise they would be absolute zilch as the company would have been non existent.
     
    #10 QCFC BANTAM, Aug 3, 2023
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  11. Kevin1954

    Kevin1954 Squad Player
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    Why not.. it’s true. They have held off proper import checks for the FOURTH time , because they, the tossers in Government, say it WILL ADD TO INFLATION, after spending 5 years saying Brexit hasn’t contributed to inflationary pressures.

    Who knew that putting barriers on trade added to inflation?

    You keep on sticking your head in the sand…. @Bronco@Bronco is correct. It affected every market , currency, imports , exports , service and absolutely decimated manufacturing.

    That’s not siding with anyone politically…it’s undeniable fact?
     
    #11 Kevin1954, Aug 3, 2023
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  12. Ulysses S Grant

    Ulysses S Grant Squad Player
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    The man who sold our gold and gave autonomy to those fools at the Bank of England.
     
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    #12 Ulysses S Grant, Aug 4, 2023
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