tag:blogger.com,1999:blog-2948538160252327076.post7056220704632957162..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: NRK balance sheet shrinksAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2948538160252327076.post-36983044660714468622009-03-04T17:49:00.000+00:002009-03-04T17:49:00.000+00:00Is is just me or does the 20% of the "assets&...Is is just me or does the 20% of the "assets" made up from *derivatives*, "other advances" and "fair value adjustments" sound like a bit spooky & ephemeral?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-51035618148289336732009-03-03T21:48:00.000+00:002009-03-03T21:48:00.000+00:00So Crock has been forced to offload its good risks...So Crock has been forced to offload its good risks (and good customers), by reducing its loan book via unfavourable renewal conditions moving those clients to other institutions.<BR/><BR/>Now the great genius has ordered that it should hover up all the dodgy stuff out there (ie start lending again) that the remaining lenders won't touch, ever up to 90% or purchase price.<BR/><BR/>This looks like a toxic bank in the making.Man in a Shedhttps://www.blogger.com/profile/00990902055642035293noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-75440369544316362172009-03-03T19:30:00.000+00:002009-03-03T19:30:00.000+00:00Roy, I wish cash really was king !As a saver and s...Roy, I wish cash really was king !<BR/>As a saver and someone who was fiscally resposible during the boom years, I feel VERY bitter that people like me are now being royally shafted by almost zero interest rates in a feeble attempt to re-ignite Gordon Brown's miracle economy.<BR/>Why should people who are capable of managing their finances by being prudent and taking responsibility for themselves be called upon to bail out those that never gave a damn and those that helped people with nothing, have it all ?<BR/>I want ALL savers to give Gordon Brown a right bloody nose at the ballot box - assuming he lasts that long as PM !<BR/>Also, I want ALL savers to be not afraid to move their money to get the best rates and give a clear message to the banks that it is our money they are holding and we expect some reasonable return.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-38952705871227995872009-03-03T17:23:00.000+00:002009-03-03T17:23:00.000+00:00Post-bubble, cash is always king.Post-bubble, cash is always king.Anonymousnoreply@blogger.com