International meltdown

[Southwell]

Ive been paying my mortgage for over 6 months and the interest is unbelievable, ive not started on the actual loan yet

Edit: oooooh, it's paid some off this month!

[Lee]

I think i own a window now

[GRIFF55]

Who do you think is the best bet to buy shares with? (today), any insider knowledge

[Chris Doughty]

Originally Posted by GRIFF55

Who do you think is the best bet to buy shares with? (today), any insider knowledge

I get 'educated' almost monthly about insider trading at work... its naughty naughty to do it... I pass my monthly exams on the subject too...

[Lee]

thats illegal Griff

but keep an eye on nexen inc shares

RBS have gone up 10% already today, and i would be tempted to jump on that asap as im sure they will rise by the close of play

[GRIFF55]

Only way to make money. Tha way all is now i'll be investing in my mattress(might make it more comfy too)

[Lee]

It is risky right now, i wouldnt want to advise anyone as anything could go tits up.

Right now though if you have a few grand and fancy a gamble go for RBS, you could make a few hundred quid by tea time.

I am watching nexen though, their shares have fallen by 66% since july from $42 to about $15 now, which means the bigger fish, ie bp/ total will be sniffing round and looking to buy

It depends how long you can wait though

[wheelspin]

Japanese banking situation critical


Thought you ought to know the latest banking news:

Following the problems with Lehmann Bros, in the sub-prime lending market in America and the run on Northern Rock, HBOS and Bradford & Bingley in the UK,
Uncertainty has now hit Japan.
In the last 7 days Origami Bank has folded,
Sumo Bank has gone belly up and
Bonsai Bank announced plans to cut some of its branches.
Yesterday, it was announced that Karaoke Bank is up for sale and will likely go for a song,
While today shares in Kamikaze Bank were suspended after they nose-dived.
Samurai Bank is soldiering on - following sharp cutbacks,
Ninja Bank is reported to have taken a hit, but they remain in the black.
Furthermore, 500 staff at Karate Bank got the chop and analysts report that there is something fishy going on at Sushi Bank where it is feared that staff may get a raw deal.

[JCJC]

First thing in the morning........nice one

[Lee]

HBOS up 31% already today

[Southwell]

Bugger, should of re-mortgaged the house

[matthew413]

Or maybe not

Don't touch bank shares with a bargepole for the next few months unless you won't miss the money you're investing.