tag:blogger.com,1999:blog-2948538160252327076.post2833157446506136402..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Paragon - digging deepAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2948538160252327076.post-53705146505159436282008-01-12T12:46:00.000+00:002008-01-12T12:46:00.000+00:00Aliceof course ;)Laplace77Alice<BR/><BR/>of course ;)<BR/><BR/><BR/>Laplace77Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-39004529032706550062008-01-11T21:39:00.000+00:002008-01-11T21:39:00.000+00:00amigauserI won't discount the possibility that Par...amigauser<BR/><BR/>I won't discount the possibility that Paragon could be bailed out by another financial institution, I think it is very unlikely. The Northern Wreck experience tells me that there aren't too many firms out there ready to take on a nasty POS like Paragon.<BR/><BR/>Let us not forget that Paragon is completely financed by the wholesale market. It has no depositors whatsoever. From this I conclude two things; first, the BoE, FSA and HMT might be prepared to let it go to the wall (no ugly queues on the high street); second, the lack of depositor base means that it is less prospects of rebuilding its liabilities while the credit crunch continues.<BR/><BR/>Thanks for the comments. Although I don't quite agree, it all adds to the debate.<BR/><BR/>AliceAlice Cookhttps://www.blogger.com/profile/05753570123987780947noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-67984281456169695132008-01-11T21:33:00.000+00:002008-01-11T21:33:00.000+00:00laplace77 Is that ditty to the tune of London Brid...laplace77 <BR/><BR/>Is that ditty to the tune of London Bridge is falling down?<BR/><BR/>AliceAlice Cookhttps://www.blogger.com/profile/05753570123987780947noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-34781424048711640952008-01-11T21:08:00.000+00:002008-01-11T21:08:00.000+00:00to my favourite UK housing bubble blog......I bet ...to my favourite UK housing bubble blog...<BR/><BR/>...I bet you know the music!<BR/><BR/><I><BR/>the housing bubble's busting now,<BR/>busting now, busting now,<BR/>the housing bubble's busting now,<BR/>busting now, busting now,<BR/>my unfair RE Agent<BR/></I><BR/><BR/>;-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-61595183293022576382008-01-11T19:42:00.000+00:002008-01-11T19:42:00.000+00:00I Think you are wrongParagon will be bailed out by...I Think you are wrong<BR/><BR/>Paragon will be bailed out by one of the large financial institutions. They have more to loose by a general loss of faith in the banking sector than by not bailing out Paragon.<BR/>You should also remember that Northern Rock was bailed out by the government, so Paragon will also be bailed out, only this time it will be done in private.<BR/>Do you think that the Bank of England will agree to buy all of Paragons loans on the quiet, if some bank agrees to buy it.<BR/>You still do not seem to recognise that the Government has more to loose by allowing the housing market to deflate than by keeping it inflated by any meansAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-90023538320081140102008-01-11T19:35:00.000+00:002008-01-11T19:35:00.000+00:00Nice piece of writing. Thanks for that.Nice piece of writing. Thanks for that.Anonymousnoreply@blogger.com