Mortgage Anyone?
Jun 28th 2012, 8:45 am
#1
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Location: UK ex Rome
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Mortgage Anyone?
Barclays was fined a record £290 million for repeatedly distorting basic financial data which are used to set interest rates on millions of loans and other transactions around the world.
Bob Diamond, the Barclays chief executive, said he will give up his multi-million-pound bonus over the scandal but faced calls to resign amid claims that his bank’s actions posed a threat to the global market system.
As MPs suggested that a criminal inquiry should be held,
almost went for a Barclays mortgage in Rome on the basis that they were likely to be more honest than Italian banks, Tutto il mondo è paese.
Bob Diamond, the Barclays chief executive, said he will give up his multi-million-pound bonus over the scandal but faced calls to resign amid claims that his bank’s actions posed a threat to the global market system.
As MPs suggested that a criminal inquiry should be held,
almost went for a Barclays mortgage in Rome on the basis that they were likely to be more honest than Italian banks, Tutto il mondo è paese.
Jun 28th 2012, 9:11 am
#2
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Location: Parma
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Re: Mortgage Anyone?
After RBS / HALIFAX and Northern Rock ? probably better to be ripped off by something local
Jun 28th 2012, 9:21 am
#3
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Posts: 538
Re: Mortgage Anyone?
Actually, libor rates were 'manipulated' downwards. People with variable rate mortgages were the winners at the expense of savers.
Jun 28th 2012, 1:34 pm
#4
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Joined: Nov 2009
Posts: 1,679
Re: Mortgage Anyone?
We tried Barclays 7 years ago and they were not competitive. There is no honesty anywhere.....
