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politeDavid59

Listed below are comments made by politeDavid59 between Tuesday, 22nd July 2008 and Thursday, 4th December 2008.

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A British subprime mess 4:56pm on 04 Dec 2008 Robert, they are all running for cover - the government and associated departments, and all their quangos... they are just doing it in a variety of different ways.

Unfortunately, one way or another, we are all caught in the headlights and when the impact comes....its going to be painful and messy.

Ouch time......
Underwriters short HBOS 11:15am on 22 Jul 2008 Maybe HBOS didn't use the option of Preference Shares or Convertable Bonds because of what it knows is going on 'Off Balance Sheet'!

And how does a business like a bank get to have 'Off Balance Sheet' transaction/losses/gains.

Surely this only helps make everying far less transparent than it should be?
Underwriters short HBOS 08:14am on 22 Jul 2008 (scratches head)...so someone has lost money to the gain of Morgan Stanely et al...who is it? Does anyone know?

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