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Home » Messageboard » XXX » Message 8787571 (Thread)

# Welcome Thatcher's legacy
every de-mutualised building society is now either bust or has been taken over by a bigger bank...
(I helped save b3ta! thirdman Ia! Ia! R'lyeh Cthulhu ftagn! Ia! Ia! Mglui nafl, Mon 29 Sep 2008, 9:23, archived)
# it's only really Thatcher's legacy
because (New) Labour decided it was pretty good so they'd carry on as she'd left off...
(I helped save b3ta! Prof UnderCover evitable, Mon 29 Sep 2008, 9:25, archived)
# It was her idea to allow mutual societies to become banks
there's little Labour could have done to make them re-mutualise.

Labour's response to the excesses of the financial markets has been woeful, but the collapse of the ex-building societies is solely at the door of that evil cow.
(I helped save b3ta! thirdman Ia! Ia! R'lyeh Cthulhu ftagn! Ia! Ia! Mglui nafl, Mon 29 Sep 2008, 9:28, archived)
# I'm not trying to excuse her her wrongs
... I'm just saying - Tony and his clam (and Gordon to a certain extent) carried on in exactly the same way and, in fact, brought privatisation into the NHS (which is something the Torys would never have been able to do)
(I helped save b3ta! Prof UnderCover evitable, Mon 29 Sep 2008, 9:30, archived)
# Oh, yeah
PPP PPI in health & transport is a ridiculously Tory thing to do.
(I helped save b3ta! thirdman Ia! Ia! R'lyeh Cthulhu ftagn! Ia! Ia! Mglui nafl, Mon 29 Sep 2008, 10:02, archived)
# This has far more to do with the FSA's failure to adequately regulate the banking sector
than demutalisation.
(I helped save b3ta! Halibut If you think education is expensive, try crack., Mon 29 Sep 2008, 9:25, archived)
# come on,
who could have foreseen that flogging debt like there's no tomorrow to people who barely even have bank accounts would ever come back to bite anyone in the ass?

you'd have to be some sort of financial genius or gypsy bare knuckle fighting fortune teller
(I helped save b3ta! Prof UnderCover evitable, Mon 29 Sep 2008, 9:27, archived)
# you tell 'em prof
(I helped save b3ta! bilbobarneybobs I'll be 14 in b3ta years soon., Mon 29 Sep 2008, 9:31, archived)
# :D
I know nothing - I just say it loudly and with confidence :)
(I helped save b3ta! Prof UnderCover evitable, Mon 29 Sep 2008, 9:45, archived)
# i'll never give up my mutuals!!
they can have them when they pry them out of my cold. dead. fingers!!
(I helped save b3ta! ivesb Highly specialised Clinical Physiologist crapbag, Mon 29 Sep 2008, 9:28, archived)
# Building societies shouldn't have been in the banking sector
Mutual societies play an important role in providing financial support for communities and should be separated from the vagaries of banking.
(I helped save b3ta! thirdman Ia! Ia! R'lyeh Cthulhu ftagn! Ia! Ia! Mglui nafl, Mon 29 Sep 2008, 9:30, archived)