Comments on: How much more do they want to lose on bank shares? http://johnredwoodsdiary.com/2008/11/22/how-much-more-do-they-want-to-lose-on-bank-shares/ Incisive and topical campaigns and commentary on today's issues and tomorrow's problems Thu, 24 May 2012 10:38:06 +0000 hourly 1 By: mikestallard http://johnredwoodsdiary.com/2008/11/22/how-much-more-do-they-want-to-lose-on-bank-shares/#comment-8237 mikestallard Sat, 22 Nov 2008 21:13:41 +0000 http://www.johnredwoodsdiary.com/?p=2144#comment-8237 Mr Brown and the Chancellor are both ex students who were very, very left wing in their youth. Nationalising banks must have been talked about then. Now they have their dream! They think they are in full control of the money supply! I do not think they are going to let go that easily. Mr Brown and the Chancellor are both ex students who were very, very left wing in their youth.
Nationalising banks must have been talked about then. Now they have their dream! They think they are in full control of the money supply!
I do not think they are going to let go that easily.

]]> By: richard wall http://johnredwoodsdiary.com/2008/11/22/how-much-more-do-they-want-to-lose-on-bank-shares/#comment-8236 richard wall Sat, 22 Nov 2008 10:32:01 +0000 http://www.johnredwoodsdiary.com/?p=2144#comment-8236 I am sick to death of politicians dithering and looking to set up committee after committee. Earlier decisive action by government both in the UK and in the US may have averted much of the problem faced at the moment. By allowing banks to collapse in both markets this has created a nervous investor market leading to much of the erosion of shareholder value. I accept that banks have acted with disregard in the past however this also comes back to government via the regulators I am also lucky to be young enough not to be looking to draw on a pension, but I feel saddened for those that are caught in this mess for no fault of their own. This is a time of decisive action not dithering I am sick to death of politicians dithering and looking to set up committee after committee. Earlier decisive action by government both in the UK and in the US may have averted much of the problem faced at the moment.

By allowing banks to collapse in both markets this has created a nervous investor market leading to much of the erosion of shareholder value.

I accept that banks have acted with disregard in the past however this also comes back to government via the regulators

I am also lucky to be young enough not to be looking to draw on a pension, but I feel saddened for those that are caught in this mess for no fault of their own.

This is a time of decisive action not dithering

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