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***UK 'On Cusp Of Second Banking Failure' ***

 
Anonymous Coward
User ID: 1099279
United Kingdom
10/04/2010 06:37 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.
 Quoting: Anonymous Coward 1119020

I don't owe fuck all to any one so why am I expected to pay?
Anonymous Coward
User ID: 1117344
United Kingdom
10/04/2010 06:41 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.
 Quoting: Richard Eldritch


STFU, send us your pay cheque and we'll take care of everything. Now get back to work!
Anonymous Coward
User ID: 995473
Canada
10/04/2010 06:41 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.
 Quoting: Richard Eldritch

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 06:44 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.
 Quoting: Anonymous Coward 995473

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

Last Edited by Richard Eldritch on 10/04/2010 06:44 AM
HUSSAR!
Anonymous Coward
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United Kingdom
10/04/2010 06:52 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
yet our bankers get 1.6bn in bonuses for doing what exactly? i tell you what. . they invest OUR money we save and make huge profit do so (that 1.6bn they made) So What the fuck do we get out of it? FUCK-ALL!! AND Get this, They expect Us the hardworking taxpayer to fork out and pay for their mistakes!! Fucking Knobheads!
Anonymous Coward
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United Kingdom
10/04/2010 06:53 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
:cameronlaugh:
Anonymous Coward
User ID: 995473
Canada
10/04/2010 06:53 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.
 Quoting: Richard Eldritch

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.
hands off
User ID: 1117690
Australia
10/04/2010 06:54 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.
 Quoting: Richard Eldritch


Like they were meant to ..... It's called entrapment. You clearly don't get. Let me spell it out. First you create cheap money [low interest rates] You then wait for a bubbler which you then burst, after which, you buy up the wreckage for pennies on the dollar.

It's simple math + manipulation and the banksters have been doing this for centuries.

Wakey wakey ..... hands off snakey;)
eagleman
I LOVE NEWS

User ID: 1119031
United States
10/04/2010 06:55 AM

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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It's how the bankers leveraged up the debt in some cases over 30 to 1. Imo the banking industry would have been able to handle this crisis if it wasn't for the leverage they employed on the debt instruments.
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 06:55 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.
 Quoting: Anonymous Coward 995473

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!
HUSSAR!
Anonymous Coward
User ID: 995473
Canada
10/04/2010 06:56 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
I think that they have bit off more than they can chew this time.



It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.


Like they were meant to ..... It's called entrapment. You clearly don't get. Let me spell it out. First you create cheap money [low interest rates] You then wait for a bubbler which you then burst, after which, you buy up the wreckage for pennies on the dollar.

It's simple math + manipulation and the banksters have been doing this for centuries.

Wakey wakey ..... hands off snakey;)
 Quoting: hands off 1117690
Anonymous Coward
User ID: 1034753
United Kingdom
10/04/2010 06:58 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
not

good

news

but what news is good news, these days?

:)

where are the UPLIFTING STORIES of mankind coming together and finally taking the tyrannical echelon to task over their managing of the modern world?

THAT would be something worth turning on the telly for.
 Quoting: Free Planet



Tea Party!?
Anonymous Coward
User ID: 995473
Canada
10/04/2010 06:59 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!
 Quoting: Richard Eldritch

Listen to yourself-banks doing people favors tounge
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 07:01 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge
 Quoting: Anonymous Coward 995473

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?
HUSSAR!
Anonymous Coward
User ID: 995473
Canada
10/04/2010 07:03 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
not

good

news

but what news is good news, these days?

:)

where are the UPLIFTING STORIES of mankind coming together and finally taking the tyrannical echelon to task over their managing of the modern world?

THAT would be something worth turning on the telly for.



Tea Party!?
 Quoting: Anonymous Coward 1034753

Just a bunch of fascists who are envious of TBTF.
Anonymous Coward
User ID: 995473
Canada
10/04/2010 07:04 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?
 Quoting: Richard Eldritch

If I'm a drunk on a corner yes.
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 07:06 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.
 Quoting: Anonymous Coward 995473

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh
HUSSAR!
Anonymous Coward
User ID: 995473
Canada
10/04/2010 07:12 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh
 Quoting: Richard Eldritch

I still got your tener and I'm not able to to give it back so you had better ask the gov for a bailout.
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 07:13 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh

I still got your tener and I'm not able to to give it back so you had better ask the gov for a bailout.
 Quoting: Anonymous Coward 995473

YOU SEE I'M RIGHT!!! aaa
HUSSAR!
Anonymous Coward
User ID: 1118975
Portugal
10/04/2010 07:15 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
I say we close all those dirty banks down... Why the fuck they spend money they don't have is beyond me.. next time i see a banker in the street i will punch his fucking teeth out!

I think very soon we will see roolling banksters heads!
 Quoting: Anonymous Coward 1118975

macgun
Anonymous Coward
User ID: 995473
Canada
10/04/2010 07:16 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh

I still got your tener and I'm not able to to give it back so you had better ask the gov for a bailout.

YOU SEE I'M RIGHT!!! aaa
 Quoting: Richard Eldritch

I know you are.I'm just envious cool2
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 07:17 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
I say we close all those dirty banks down... Why the fuck they spend money they don't have is beyond me.. next time i see a banker in the street i will punch his fucking teeth out!

I think very soon we will see roolling banksters heads!

macgun
 Quoting: Anonymous Coward 1118975

Does Porugal have banks yet? I heard you use a bartering system?
HUSSAR!
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 07:18 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh

I still got your tener and I'm not able to to give it back so you had better ask the gov for a bailout.

YOU SEE I'M RIGHT!!! aaa

I know you are.I'm just envious cool2
 Quoting: Anonymous Coward 995473

I'm playing devils advocate of course but if you believe in taking personel responsability then you have to say it was the Poor that fucked it up. ratdance
HUSSAR!
Anonymous Coward
User ID: 995473
Canada
10/04/2010 07:31 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh

I still got your tener and I'm not able to to give it back so you had better ask the gov for a bailout.

YOU SEE I'M RIGHT!!! aaa

I know you are.I'm just envious cool2

I'm playing devils advocate of course but if you believe in taking personel responsability then you have to say it was the Poor that fucked it up. ratdance
 Quoting: Richard Eldritch

And now the poor just happen to be the banks 5a
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 07:32 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.

if they all paid their debts the would be no money for the banks to lend.

Look, A bunch of Trailer trash got the chance to buy a home and what did they do? Defaulted en masse! They sold their Meth and never paid off the Morgage.

The fact that the lenders knew they were giving out bad loans but didn't care as long as they got their cut is what is the crux of this whole matter.

No the Krux is that the peasants refused to pay back the money.The Banks lent it in good faith and the Poor turnip heads welched on the deal.

The lenders were giving mortgages to people who couldn't qualify for a car loan.It always has been the responsibility of lender to make sure the loans can be payed back as many borrowers never have been or will ever be that responsible.

Did these borrowers turn up at the bank and say " Lend me 200 000,but I can't pay it back" NO! they where homeless and the banks did them a favour and lent some cash after being assured that their Meth sales would remain strong!

Listen to yourself-banks doing people favors tounge

If I lend you a Tenner BECAUSE YOU ASK ME FOR IT, It's somehow my fault that you don't repay me?

If I'm a drunk on a corner yes.

AND WHOS FAULT IS IT THAT YOU IS DRUNK! EH!!! ahhh

I still got your tener and I'm not able to to give it back so you had better ask the gov for a bailout.

YOU SEE I'M RIGHT!!! aaa

I know you are.I'm just envious cool2

I'm playing devils advocate of course but if you believe in taking personel responsability then you have to say it was the Poor that fucked it up. ratdance

And now the poor just happen to be the banks 5a
 Quoting: Anonymous Coward 995473

YUP!
HUSSAR!
Wiccan Priestess
User ID: 1076933
United States
10/04/2010 07:39 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
Of course they're going down the tubes. How amny people in the UK actually work for a living at something that is remotely close to a goods or service?

If the people aren't working and just sucking off the Government tit, the country will fail.

Here in the US we have these scumbags called Democrats and they're doing the same thing to the US.
Anonymous Coward
User ID: 1119066
United Kingdom
10/04/2010 07:54 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
Meanwhile families are being pushed into poverty because of a couple of billion in benefit cuts.

Let's take the supposed bailout figure of 1.2 trillion and divide that up between the UK population. That's nineteen thousand pounds for every man, woman and child. That would change my life forever and alot of others too.

Fuck the banks. I hope the "real IRA" blow them all up. If that makes me a "terrorist" for voicing my opinion, come and arrest me. I'm too pissed off to care.
 Quoting: Anonymous Coward 863042


Massive benefit cuts and reforms are long overdue and much needed but yes, the banks should be paying much more back
Anonymous Coward
User ID: 1118998
United Kingdom
10/04/2010 08:03 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.
 Quoting: Richard Eldritch


It's the banks who offer LOANS that they know these people can never repay - they're banking on (and maybe even insuring against) foreclosure.

Surely that's illegal.
Richard Eldritch

User ID: 1118994
United Kingdom
10/04/2010 08:08 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
It ain't the Banks it's all the fucking little people who borrow money and don't pay their debts.


It's the banks who offer LOANS that they know these people can never repay - they're banking on (and maybe even insuring against) foreclosure.

Surely that's illegal.
 Quoting: Free Planet

So it's the stupid poor people that take loans they cannot afford? BASTARDS!! I WANT MY MONEY BACK LONG LIVE THE BANKERS!!
HUSSAR!
Anonymous Coward
User ID: 1119086
Belgium
10/04/2010 08:18 AM
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Re: ***UK 'On Cusp Of Second Banking Failure' ***
>LONG LIVE THE BANKERS!!

bsflag

Banksters,marketeers,insurance peddlers etc == USELESS EATERS

yak

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