Banco Santander.....what if ?

[Von Boy]

What if Santander gets into trouble ????.....they own Abbey, A&L and now B & B ........and it could, as it goes off on a world wide spending spree !

and will the Lloyds deal really go ahead and buy HBOS.....paying at the moment over 2 billion more than the shares are worth at the close of business Monday 29th.

Funny times !

[colonel]

It may mean the end of capitalism, Von Boy.

Someone hide his cutlery and ropes now.

[BGAFD Admin]

The following article was written at the start of the year and nothing has happened since to contradict the basic thesis that Spanish banks are well positioned to weather the ongoing hurricane: Why Spanish Banks Seem Immune to the Subprime Virus

[JonnyHungwell]

An interesting announcement this morning from the Irish government - they're guaranteeing all customer deposits in their entirety for the next 2 years. Only last week they upped the limit to ?100,000. We need a similar guarantee from the government.

Most Post Office accounts in the UK are backed by Bank of Ireland, so they will get this coverage.