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Dec 18 2009, 09:40 AM
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#1
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
Suggestions from loyal GEI-ers about the site's direction
Do you miss the FOPPs? ======================================== "The pleasant tolerant atmosphere on GEI has defiantly returned since the exodus." - enrieb I've told you Bubb you missed the great opportunity it was in March HL, SLW, NG etc. etc. Maybe if I had spent the last six months crowing every day my stocks went up ( and they practically have) I would have driven people away like you have. You've only been right for a few days. Good riddance to the 1-way Gold rampers ! Those that left were creating too much friction here, and the site is running better. (Frankly, I got sick and tired of running a free website and dealing with so many battles. No doubt, some of the conflict was designed to destroy the good feeling on this website, and make people eager to try a new home. When I first realised that, I was rather angry. But to be honest, I have better things to do with my time than worry about what Jim Sinclair and his over-enthused followers think.) I much prefer those who want a balanced view to a Gold cheering circle. BTW, I made some nice gains on some of those stocks, like SLW, that I bought below $4.00. Also, since September, I made a 4x-5x bagger on one of my larger positions. But I didnt tell everyone in the world they had to jump in, and were "evil" not to be buying. The next big opportunity may be in Juniors, possibly as early as January, if things line up right. This thread is a good place to have a discussion about the future of the website, and whether anyone here misses the FOPPs and their arguments. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 09:56 AM
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#2
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
-------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:01 AM
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#3
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 6,583 Joined: 16-June 08 From: The Southern Alps Member No.: 1,944 |
![]() The term "fop" cracks me up. I think as long as the fopps were not too militant in their views and displayed tolerance to the views of others, they were great to have around. The problem was that some of the fopps became foppish and precious towards any rational criticism displayed towards their view and then sulked off. All a bit silly really,and a jolly poor show. Stiff upper lip old chap and all that. -------------------- Modern fiat money "shorts" the currency, and is backed by debt. The debt is real. A debt deflation will lead to a prolonged period of deleveraging, where the short-covering of currencies will strengthen currencies relative to asset prices. At the global level, in the FX market, central currencies will benefit from deleveraging at the expense of peripheral currencies. Due to instability and uncertainty, gold will benefit against all currencies as it continues to be monetized.
Hold on to your hats for hyper-deflation, where cash is king, and gold is the king of cash. |
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Dec 18 2009, 10:02 AM
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#4
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 6,583 Joined: 16-June 08 From: The Southern Alps Member No.: 1,944 |
Yes! Re-educate the lot of them! -------------------- Modern fiat money "shorts" the currency, and is backed by debt. The debt is real. A debt deflation will lead to a prolonged period of deleveraging, where the short-covering of currencies will strengthen currencies relative to asset prices. At the global level, in the FX market, central currencies will benefit from deleveraging at the expense of peripheral currencies. Due to instability and uncertainty, gold will benefit against all currencies as it continues to be monetized.
Hold on to your hats for hyper-deflation, where cash is king, and gold is the king of cash. |
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Dec 18 2009, 10:02 AM
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#5
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
LOL. I thought this discussion (which started elsewhere) deserved a thread of its own. Unfortunately, GEI is still experiencing a fair amount of "fishing" from the other website Followers of.... [I think you can guess the rest]. Yeah. They may be beating their own brains out on a different website, as we get down to the serious business of spotting the next great buying opportunity here. I'm thinking the more subdued nature of this thread speaks volumes. Yeah. They have all gone a bit quiet here. Hows the mood over on 24K. Is it all "don't worry, this price fall is temporary, chaps!" ? It is interesting how we have been left with our very nice old core of reasonable balanced posters here. A smaller website, with more balanced discussions, is very welcome to me. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 10:11 AM
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#6
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![]() Centurion ![]() ![]() Group: Members Posts: 265 Joined: 31-October 08 Member No.: 2,574 |
LOL. I thought this discussion (which started elsewhere) deserved a thread of its own. Unfortunately, GEI is still experiencing a fair amount of "fishing" from the other website Yeah. They may be beating their own brains out on a different website, as we get down to the serious business of spotting the next great buying opportunity here. Yeah. They have all gone a bit quiet here. Hows the mood over on 24K. Is it all "don't worry, this price fall is temporary, chaps!" ? It is interesting how we have been left with our very nice old core of reasonable balanced posters here. A smaller website, with more balanced discussions, is very welcome to me. What is FOPP? But you're right. The people who squeal with delight evertime the price of gold falls a couple of bucks are getting quite boring. -------------------- 16:1
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Dec 18 2009, 10:11 AM
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#7
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Centurion ![]() ![]() Group: Members Posts: 115 Joined: 21-February 07 Member No.: 1,013 |
What a relief! Friends of Pied Pipers (sont histoire) - great name.
Thank you Dr Bubb and I think you did so much the right thing. Some threads on this site had become like a war zone, and whilst old faithfuls probably were not leaving they were being more brief with their visits (if I am one to go on). The recent drop in gold sent them catatonic - and that is starting from a fairly wired base! I am a strategist for one of the US consultancies and am sitting on a sum of money to invest - not massive, but certainly large enough to be worried about it "just sitting in bank accounts". I have taught myself about the markets over the last five years and your site has been a great part of that. I always visit your Trading Diary first to get a barometer - and I like the fact it takes account of currency markets and metals as well as stock indices. I also like your more philosophical threads too. I am hoping that one day Green investments can become more central and this site will have been the first real blogsite to support them. The site I go to in US hours is ZeroHedge - a fantastic place for up to the minute wise-bear observations. Thank you. |
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Dec 18 2009, 10:16 AM
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#8
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
What is FOPP? But you're right. The people who squeal with delight evertime the price of gold falls a couple of bucks are getting quite boring. Ah well. I think the chance to buy Gold or Gold stocks before the next major run is worth waiting for. Too much strident "noise", while monitoring markets, and awaiting that time would be counterproductive. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 10:22 AM
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#9
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Super Admins Posts: 28,304 Joined: 17-March 06 From: Hong Kong & London Member No.: 2 |
... I am hoping that one day Green investments can become more central and this site will have been the first real blogsite to support them. I agree that a good focus there would be nice. The problem is that it si not easy to separate the wheat from the chaff. There are many "promotional" companies, that are cashing in on the present enthusiasm for green technologies. But their businesses may amount to nothing, and just take investors for a ride. I'm not sure I have enough knowledge of the science to lead people to the winners. -------------------- The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix
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Dec 18 2009, 10:25 AM
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#10
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
What is FOPP? But you're right. The people who squeal with delight evertime the price of gold falls a couple of bucks are getting quite boring. As are those that squeal with delight when anything else falls. It's inevitable that someone will be offended when their pet investment starts to move the wrong way and someone else seems to be making a profit from it. -------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:33 AM
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#11
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![]() Centurion ![]() ![]() Group: Members Posts: 265 Joined: 31-October 08 Member No.: 2,574 |
As are those that squeal with delight when anything else falls. It's inevitable that someone will be offended when their pet investment starts to move the wrong way and someone else seems to be making a profit from it. Losing cash brings out the worst in people. Being proved wrong makes people feel even worse. Taking the micky out of people at such times is fun, but will likely cause some dispute. In any case I still feel that gold will resume its upward trend. I don't see the Fed's inflationary policys ending any time soon. -------------------- 16:1
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Dec 18 2009, 10:37 AM
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#12
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
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Dec 18 2009, 10:37 AM
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#13
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
LOL. I thought this discussion (which started elsewhere) deserved a thread of its own. Unfortunately, GEI is still experiencing a fair amount of "fishing" from the other website Yeah. They may be beating their own brains out on a different website, as we get down to the serious business of spotting the next great buying opportunity here. Yeah. They have all gone a bit quiet here. Hows the mood over on 24K. Is it all "don't worry, this price fall is temporary, chaps!" ? It is interesting how we have been left with our very nice old core of reasonable balanced posters here. A smaller website, with more balanced discussions, is very welcome to me. I don't think it is worth worrying about, live and let live I say. I've had the occasional look at 24k and they seem to have had one or two problems already as the site owner has tried to apply certain rules, one or two members seem to have left or disagreed over the policy. Other than a few anarchy forums, I don't know of any boards that don't have rules or codes of conduct. Unfortunately, it is inevitable that some people seem to be offended by this, but if you have no rules then eventually your site is going to be taken out by trolls and because some trolls are very good at what they do it is getting more difficult to identify them as against genuine members who just happen to have a different point of view. -------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:38 AM
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#14
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
Bubb, No6 et al, you are going to have: ![]() I like eggs, can I have chips as well? -------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:38 AM
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#15
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
Losing cash brings out the worst in people. Being proved wrong makes people feel even worse. Taking the micky out of people at such times is fun, but will likely cause some dispute. In any case I still feel that gold will resume its upward trend. I don't see the Fed's inflationary policys ending any time soon. I agree. -------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:40 AM
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#16
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
but to be fair, I have to give you some credit Bubb (even though it pains me to do so) for leaving the 24knews sig on our user accounts.
No doubt you have seen the action at that site. At least now you are not amongst the worst moderators any more. |
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Dec 18 2009, 10:41 AM
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#17
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
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Dec 18 2009, 10:44 AM
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#18
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
but to be fair, I have to give you some credit Bubb (even though it pains me to do so) for leaving the 24knews sig on our user accounts. Did you not have it on your sig at one stage (forgive me if I'm wrong, but I thought I saw it)? I assume it is you that removed it? -------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:45 AM
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#19
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![]() Tri-Millennium Guru ![]() ![]() ![]() ![]() ![]() Group: Administrators Posts: 5,852 Joined: 18-March 06 From: Out there Member No.: 9 |
no, as you have a fiat chip on each shoulder, so you are well balanced imo. Ah! If only you knew. -------------------- UK Banking, loose lending, mortgage fraud, urging customers to lie, HBOS, it's all here from 2002.
2002, FSA warns HBOS about the bank's business model. http://news.bbc.co.uk/1/hi/business/7885059.stm 29 October 2003. Mortgage customers 'urged to lie' http://news.bbc.co.uk/1/hi/business/3222053.stm 29 October 2003. The Money Programme uncovers massive mortgage fraud. http://www.bbc.co.uk/pressoffice/pressrele..._mortgage.shtml 11 February 2004. Self-cert mortgages could skew market. http://news.bbc.co.uk/1/hi/business/3478635.stm 12 May 2009. In 2007, 45% of all mortgages were advances made without the lender checking the consumer’s stated income. Much of this was “fast-tracked” business although a substantial and increasing amount was self-certified lending. Many of the specialist lenders heavily marketed and sold self-certified products and a large percentage of these have led to correspondingly high levels of arrears and fraud. http://www.fsa.gov.uk/pages/Library/Commun...9/0512_jp.shtml "I never saw it coming" - Gordon Brown, 2009. http://www.mailonsunday.co.uk/news/article...saw-coming.html |
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Dec 18 2009, 10:47 AM
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#20
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![]() Millennium man ![]() ![]() ![]() ![]() Group: Members Posts: 1,732 Joined: 10-June 06 From: Devon Member No.: 206 |
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Lo-Fi Version | Time is now: 6th September 2010 - 11:47 PM |