Banks Reluctantly Agree to Pass on 1.5% Interest Rate - SV650.org

Mr Speirs · 07-11-08, 10:06 PM

I'm sorry!! We just gave you banks £500bn as you cocked up and you don't want to pass an interest rate cut on to the British public.

Someone needs to check the heads of the people running the banks!!!

Rant over

07-11-08, 10:20 PM

ah you see they need a bit of bubbly for the share holders meeting, gotta have a bit of bubbly.

Bibio · 07-11-08, 10:23 PM

i'm not happy with the banks and credit (2 different subjects) just now ... (has a little rant to himself again)

%%^&^%^%£&&*&^*&^*&^$^%%^%$&^%*((**&&^$^

dizzyblonde · 07-11-08, 10:23 PM

Quote:

Originally Posted by Gene genie

ah you see they need a bit of bubbly for the share holders meeting, gotta have a bit of bubbly.

don't forget the 'special' meetings held in the swishest hotels to go with that bubbly

07-11-08, 10:25 PM

and the xmas bonuses.

07-11-08, 10:26 PM

So ,because I was carefull and saved ,I am now to be penalised to help out those T**** that messed it all up.

Bibio · 07-11-08, 10:28 PM

i'm with gid ...

07-11-08, 10:35 PM

a buddy at work insisted the rate should go up, almost treble it, to teach the credit crew a lesson.................maybe hes got a point, but practicaly?

07-11-08, 11:02 PM

Banks are a business, they should be able to do what they like as long as they are held responsible for it....

BTW was it cheap credit that got us in to this situation, and now the banks have to extend credit lines as per a couple of yeras ago if given government help, i.e recycling the problem again.

Face it, if you ain't go the cash for it don't buy it.

07-11-08, 11:11 PM

Of course they wont pass on the breaks - they have all just lost a ton of money and they need to make it back somewhere. One of the smaller banks will come through with the goods to make up some market share and they will start to tumble back in line.

EDIT - 1st of December it will happen... http://news.bbc.co.uk/1/hi/business/7716086.stm

07-11-08, 10:06 PM	#1
Mr Speirs Member Mega Poster Join Date: Jul 2008 Location: Northampton Posts: 2,218	Banks Reluctantly Agree to Pass on 1.5% Interest Rate I'm sorry!! We just gave you banks £500bn as you cocked up and you don't want to pass an interest rate cut on to the British public. Someone needs to check the heads of the people running the banks!!! Rant over __________________ Smokey Black Burnty 02 - Racetech Smoulderlators + .90kg BBQ Springs, zx10r shockingly toasted, Conti Road Attacks heat up very nicely, R&G Crash Bungs but what f**king use are they, No Colour Matched Hugger, Flame Extenda, Beowulf Titainium Oval Flame Thrower.

07-11-08, 10:20 PM	#2
Gene genie Guest Posts: n/a	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate ah you see they need a bit of bubbly for the share holders meeting, gotta have a bit of bubbly.

07-11-08, 10:23 PM	#3
Bibio Member Mega Poster Join Date: Jul 2008 Location: here as devil's advocate Posts: 11,561	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate i'm not happy with the banks and credit (2 different subjects) just now ... (has a little rant to himself again) %%^&^%^%£&&&^&^&^$^%%^%$&^%((**&&^$^

07-11-08, 10:25 PM	#5
Gene genie Guest Posts: n/a	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate and the xmas bonuses.

07-11-08, 10:26 PM	#6
Frank Guest Posts: n/a	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate So ,because I was carefull and saved ,I am now to be penalised to help out those T**** that messed it all up.

07-11-08, 10:28 PM	#7
Bibio Member Mega Poster Join Date: Jul 2008 Location: here as devil's advocate Posts: 11,561	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate i'm with gid ...

07-11-08, 10:35 PM	#8
Gene genie Guest Posts: n/a	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate a buddy at work insisted the rate should go up, almost treble it, to teach the credit crew a lesson.................maybe hes got a point, but practicaly?

07-11-08, 11:02 PM	#9
Tim in Belgium Guest Posts: n/a	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate Banks are a business, they should be able to do what they like as long as they are held responsible for it.... BTW was it cheap credit that got us in to this situation, and now the banks have to extend credit lines as per a couple of yeras ago if given government help, i.e recycling the problem again. Face it, if you ain't go the cash for it don't buy it.

07-11-08, 11:11 PM	#10
Demonz Guest Posts: n/a	Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate Of course they wont pass on the breaks - they have all just lost a ton of money and they need to make it back somewhere. One of the smaller banks will come through with the goods to make up some market share and they will start to tumble back in line. EDIT - 1st of December it will happen... http://news.bbc.co.uk/1/hi/business/7716086.stm

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