Mortgage chiefs snub PM's demand that bailed-out banks give homeowners and businesses

[Legal Beagles]

Mortgage chiefs today branded a key plank of the Government's bank rescue plan 'undesirable' and unlikely to happen.

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[righty]

Re: Mortgage chiefs snub PM's demand that bailed-out banks give homeowners and busine

Really then we want my bleeding money back.

Also it shows that the political classes live in a world of make believe if they thought for one minute the money lenders would show any sympathy or compassion whatsoever for the people they have dispossessed

[scoobydoo]

Re: Mortgage chiefs snub PM's demand that bailed-out banks give homeowners and busine

I think we should be the ones making the rules after injecting so much money! I dont want to see irresponsible lending but we need to get back to some normality and then slowly tighten up on lending when things have settled down to a level that keeps employment etc stable

We dont need any more boom and bust (GB own words) but stabilisation of house prices and lending at a level people can afford - its quite simple really

And no bonuses untill the banks are secure and in profit. In fact the only bonuses would be share dividends . let the employees put their money where their mouths are.