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teepkneehookelbow

Listed below are comments made by teepkneehookelbow between Tuesday, 29th July 2008 and Friday, 23rd January 2009.

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The writing on the wall 1:08pm on 23 Jan 2009 The old adage from the Great Depression was: “When even shoeshine boys are giving you stock tips, it’s time to sell”

A few years back when hairdressers and taxi drivers would tell me about the latest property addition to their portfolio. Large loud ladies on the TV suddenly became 'Property Experts'. I smelt a rat.
The writing on the wall 12:46pm on 23 Jan 2009 Hi Stephanie,

Some predicted this would happen. They were margianlised as nutters and doom mongerers.

No Economist wants to pick up that label.

But there was even intelligent discussion taking place on on-line forums.

I find it hard to believe that if ordinary people on an internet forum can come to the correct conclusion then bright politicians, banking, regulators and rating agencies couldn't.

Whether or not they had a vested interest in keeping quiet is another matter.

RB, London.
Rothschild v Osborne 10:32am on 21 Oct 2008 I don't understand why you, as business editor, are writing about this Robert.
British banks bailed out 12:24pm on 03 Oct 2008 Time to emigrate to a country that is likely to have a more lenient fiscal regime for the next 50 years. France anyone?
Nationalisation by stealth 12:10pm on 03 Oct 2008 I suspect some of the banks are trying to pull a fast one and are trying to profit from the current turmoil. Seriously, car loans as collateral? What next?
Rather than sulky children with parents, they are more like heroin addicts with their eyes on their Gran's post office savings account.

The banks who need help should be obliged to open up their books to full scrutiny. Only then should the decision be made as to who is worthy of being bailed out.
Smack smack - we're dead 11:54am on 02 Oct 2008 #23
I could not disagree more. You cannot keep throwing money at a heroin addict and expect him to quietly go along to rehab all on his own.
Smack smack - we're dead 11:40am on 02 Oct 2008 Only the banks themselves know what exposure they have to toxic CDS such as Lehman's.
And if they are not forthcoming with that information should Mervyn King be blamed for not being warm hearted? Of course not.
'House prices to fall a quarter' 7:02pm on 08 Sep 2008 Sell ! Sell! Sell!

Graham Beale is in the business of selling mortgages but in he is saying it's not the right time to buy one.

I think 25% is sounding conservative.
Treasury's mortgage rescue plan 1:43pm on 29 Jul 2008 #64 Supercalmdown, your criticism for heartlessness is misdirected. This tragedy was foreseeable by all those who stopped to think and who gived a fig.

Some who foresaw it ans spoke up were labelled "doom mongerers". Others foresaw it but were quite happy to carry on earning bonuses or winning elections.
Treasury's mortgage rescue plan 08:59am on 29 Jul 2008 Not in my name. Nor with my money.

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