tag:blogger.com,1999:blog-6214838.post5563743944029246711..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: Saving the Dunfermline (And Gordon's Face)Iain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-6214838.post-56967809829679533142009-03-29T19:08:00.000+01:002009-03-29T19:08:00.000+01:00For the first time in this debacle, and probably f...For the first time in this debacle, and probably for the wrong reasons, they have done the right thing and let it go.This is what they should have done with NR, RBS et al..Mirtha Tidvillehttps://www.blogger.com/profile/07940977481295375071noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-17799161777844052432009-03-29T09:27:00.000+01:002009-03-29T09:27:00.000+01:00and the BBC Website's lead item is:"Brown offer to...and the BBC Website's lead item is:<BR/><BR/>"Brown offer to Dunfermline savers<BR/><BR/>Prime Minister Gordon Brown has moved to reassure savers in the Dunfermline Building Society their money is safe. "<BR/><BR/>This is off the map.Dave Hhttps://www.blogger.com/profile/02330412326038302877noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-24506203408955014822009-03-29T08:40:00.000+01:002009-03-29T08:40:00.000+01:00JoeF 4.48pmThis is a conspiracy theory that I have...JoeF 4.48pm<BR/><BR/>This is a conspiracy theory that I have been putting forward for some time. I cannot prove any of this, but I think there was a plan for Scotland to become a very large player in the financial industry. I also think McBust had some involvement and the large extra payout to Fred was hush money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-55839059798945859472009-03-29T08:17:00.000+01:002009-03-29T08:17:00.000+01:00It should be allowed to go under. It is not too bi...It should be allowed to go under. It is not too big to fail. This is setting a precedent that will cost the tax payers. Is nobdy allowed to fail. This reminds me of the politically correct fools saying "it's not failure just deferred success". Well how do we know who to let fail? It's called Market evolution. The fittest survive. Without it the whole economy will eventually fail.javelinhttps://www.blogger.com/profile/04685858339910528013noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-43496916837033194052009-03-29T04:48:00.000+01:002009-03-29T04:48:00.000+01:00Anyone notice a trend in the worst banking mess-up...Anyone notice a trend in the worst banking mess-ups? 2 biggest banking disasters in UK-<BR/><BR/>Royal Bank of Scotland<BR/><BR/>Bank of Scotland (about 80% of the huge HBOS losses were BoS Corporate)<BR/><BR/>Now Dunfermline- OK much smaller but still largest building society in Scotland.<BR/><BR/>And Scots used to have a reputation for prudence. Oh. Ah. Oh dear, and another one is PM...JoeFhttps://www.blogger.com/profile/00426110406226256686noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-67724454998998231052009-03-28T22:27:00.000+00:002009-03-28T22:27:00.000+00:00Iain, Sorry to correct you but there will not be a...Iain, Sorry to correct you but there will not be a bail-out. The building society will be be put on the market. Off course it is embarrassing for Brown. What isn't these days!Events dear boy, eventshttps://www.blogger.com/profile/13027032420000802501noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-23257196411516678592009-03-28T22:12:00.000+00:002009-03-28T22:12:00.000+00:00Why is only the banking and finance industry baile...Why is only the banking and finance industry bailed out by Gordon during this recession? Can anyone explain why the welfare of time-served engingeers in manufacturing is given less value than cashiers'? Is it because the Treasury knows it made mistakes and hopes to quickly disguise them from the electorate with money screens? If a car or van firm or a pottery works gets crunched the global recession can be blamed because manufacturing industry lacks even one (not three) regulators.Brianhttps://www.blogger.com/profile/06358349301959327747noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-25044931890081644072009-03-28T21:09:00.000+00:002009-03-28T21:09:00.000+00:00Alistair Darling's Treasury has refused the offer ...Alistair Darling's Treasury has refused the offer from the Scottish government of a £20m 'loan'. <BR/><BR/>It's his problem, he's a Scottish MP and his boss is one too. They're just so determined to bring Scotland to its knees. But that won't happen because the Scots are made of stronger stuff and will learn a lot quicker from this financial crisis.subrosahttps://www.blogger.com/profile/00151702590329788260noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-18735933276308453142009-03-28T20:57:00.000+00:002009-03-28T20:57:00.000+00:00Wait a second, this is a building society - what o...Wait a second, this is a building society - what on earth were they playing at to have got themselves in such a state?<BR/><BR/>More public money will inevitably be pissed down the drain with this one; backed up by constant cat calls of 'we're doing everything we can to help hard working families' whenever the whole messy situation is brought up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-69490752108166933682009-03-28T20:37:00.000+00:002009-03-28T20:37:00.000+00:00Inevitable, says Dale. Sadly, the government don't...Inevitable, says Dale. Sadly, the government don't agree.ppehttps://www.blogger.com/profile/10113354991521237729noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-35841308609510806902009-03-28T20:35:00.000+00:002009-03-28T20:35:00.000+00:00"Gordon Brown demands new bank to destroy", read a..."Gordon Brown demands new bank to destroy", read a headline in the Daily Mash recently. Seems it wasn't a joke.The Grim Reaperhttps://www.blogger.com/profile/05543130733645367498noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-33647336227854293282009-03-28T19:51:00.000+00:002009-03-28T19:51:00.000+00:00More bailouts for Scotland.Now HMRC has also moved...More bailouts for Scotland.<BR/><BR/>Now HMRC has also moved its banking business from the Bank of England to the Royal Bank of Scotland.<BR/><BR/>Amazing.<BR/><BR/>What do you think Gordon has against the Bank of England - perhaps its the title ? ( Doesn't he realise it was founded by a Scotsman ? ).Man in a Shedhttps://www.blogger.com/profile/00990902055642035293noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-3375194259013856652009-03-28T19:44:00.000+00:002009-03-28T19:44:00.000+00:00Delicious, and timely, on the heels of his public ...Delicious, and timely, on the heels of his public dressing-down by Mr. Hannan!<BR/><BR/>More from Hannan here:<BR/>http://mainstreetmattersmore.blogspot.com/OldSouthhttps://www.blogger.com/profile/01381229263357074199noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-14170019293091003952009-03-28T19:41:00.000+00:002009-03-28T19:41:00.000+00:00Ditto Mr Douglas.Appalling.They made such great ad...Ditto Mr Douglas.<BR/><BR/>Appalling.<BR/><BR/>They made such great ads too.<BR/><BR/>I still cherish MGM Assurance - the company that boasted the company registration of 01 - all the way back to 1852.Platohttps://www.blogger.com/profile/07416276749202589235noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-77394813548250989422009-03-28T19:40:00.000+00:002009-03-28T19:40:00.000+00:00"Yet more evidence that a single regulator is what..."Yet more evidence that a single regulator is what is needed? And it's called the Bank of England."<BR/><BR/>No. This is evidence that the single regulator model was too much a jack of all trades, master of none. There were a variety of regulators before the FSA and they were consolidated.<BR/><BR/>Yet again the Government absorbed lessons from the private sector - consolidation is cost effective - and applied them to an arena that was unsuitable. A general regulator may have been cheaper but what they did was wipe the slate completely clean. A variety of specific regulators will always be tasked with keeping <I>their</I> patch in order regardless of pressures from anywhere else. The independence of each regulator was paramount to their effectiveness.<BR/><BR/>Labour said to get the best we had to pay the best. Clearly we haven't. Nigel Lawson pointed out in a recent interview the old way was to employ retired people from those sectors at relatively knockdown rates. Poacher turned gamekeeper but with no commercial interest in their field.Garethhttps://www.blogger.com/profile/11182144080955551878noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-53878875584350116082009-03-28T19:39:00.000+00:002009-03-28T19:39:00.000+00:00Brown will be impervious to public opinion when he...Brown will be impervious to public opinion when he pumps in the necessary millions to save this building society. The man is so deluded, he doesn't have a clue.Andrew Allisonhttps://www.blogger.com/profile/00001512586556659809noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-5367958827095055822009-03-28T19:37:00.000+00:002009-03-28T19:37:00.000+00:00"I wonder how much more money can be pumped into i..."I wonder how much more money can be pumped into it to save Gordon's face"<BR/><BR/>No amount of money can saw old Jaw-Drop's face. Nor pumping in Botox, or even plastic surgery !<BR/><BR/>Alan DouglasAlan Douglashttps://www.blogger.com/profile/16071898364060640779noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-11656818715058336942009-03-28T19:21:00.000+00:002009-03-28T19:21:00.000+00:00I must admit when I first saw this on the news I t...I must admit when I first saw this on the news I thought...Dunfermline & Brown, a solid link! I do feel sorry for the building society but I wonder how much more money can be pumped into it to save Gordon's face.thespecialonehttps://www.blogger.com/profile/06514789597629728269noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-16060446889006919102009-03-28T19:17:00.000+00:002009-03-28T19:17:00.000+00:00and who pray, from 1983 through to 2005 was the Me...and who pray, from 1983 through to 2005 was the Member of Parliament for Dunfermline? Indeed am I not right in thinking he lives in North Queensferry, part of Dunferlmine Constituency.Ian Mhttps://www.blogger.com/profile/08171885163167923656noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-54931658399545518222009-03-28T19:14:00.000+00:002009-03-28T19:14:00.000+00:00Amazing how Labour can save Labour-area Northern R...Amazing how Labour can save Labour-area Northern Rock and Dunfermline BS, but ignore the real plight of Equitable Life pensioners.<BR/><BR/>We probably are not considered to be Labour voters ....<BR/><BR/>Alan DouglasAlan Douglashttps://www.blogger.com/profile/16071898364060640779noreply@blogger.com