egafd.com

A super-bank on an American basis from the sounds of it; with Lloyds TSB paying 300p a share and not the present 100p a share.

It sounds like Scots branches of LTSB to be rebadged as Bank of Scotland; Cheltenham and Gloucester disappearing; and Halifax replacing them as the mortgage branding- but only when you walk into the branch. And as for Howard..............oh dear me.

Perhaps ALL the Banks should merge together? The way the current economic situation is right now this super merger might be their only salvation?

A bit baffling to say the least. HBOS has mega bucks on deposit and 25% of the mortgage market. The run on their shares is silly bugger dealers trying to boost their measly 7 figure bonuses. If HBOS was in trouble, a la Northern Rock ALL of the other major British banks would bail them out to avoid meltdown.

If this means LloydsTSB buys them at ?3 a share then great, I will make a few quid profit.

If it means the end of that smug twat and his equally annoying colleagues on Halifax adverts then their is a supreme beiing listening somewhere!!

I expect you will see more takeovers in the not to distant future as share prices drop it makes companies cheap to buy.

If you have any money invested at this time, you need to read widely.

But you really need to read this:

Or even:

I think the Scots have a right to feel pretty pissed off by this. I was in Glasgow ovewr the last few days and there were some pretty angry people in the bars - they really do think they've been robbed.

And as for the hedge funds and so-called short sellers in the stock market, I'd put the fuckers in prison. Their activities are morally dubious at best and borderline criminal - in fact the law needs to change ban them forever and seize their assets to bail out the ones they've 'robbed'.

i thought hbos was like... 1 of the biggest banks around, infact much 'bigger' than lloyds
methinks something is afoot

It is bigger- it was also in deep long-term shit and would have defaulted to the tune of ?150m next summer had the credit crunch continued- hence this deal.