howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
26 November 2009
22:4833959surely it is not our business who earns what?
different with the ones working for the public sector though.
27 November 2009
07:4533968As we now, technically, own the banks, it is our business. If they expect to be bailed out, they can expect to be accountable too.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
27 November 2009
18:0133994that it is what i was saying bern.
banks like barclays are not into us, so any salaries and bonuses they pay are not our business.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
27 November 2009
18:1233996howard,hsbc is the same.its standing alone and doing well enough without goverment interfearance.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
27 November 2009
18:1533998I not that the UK Banks are up for potential losses of up to £50n given the Dubai crisis. The £50bn figure represents the whole UAE, not just Dubai, but the UK banks have the lionshare of the £60bn potential losses.
Incidentally, looking at other nation's exposure to the UAE the next highest to our £50bn is just £11bn....
Once again it is RBS and HBOS as the main problem.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
27 November 2009
18:4434000not a problem barry, give the scots their independence and they can bail out the banks.
bit of a coincidence though, must be something in the porridge.
Guest 673- Registered: 16 Jun 2008
- Posts: 1,388
27 November 2009
23:4934014P&O Ferries are owned by Dubai World. Extract from Lloyds List article quoted on Ferries of Northern Europe:
Dubai World's shock call for a debt moratorium will not see restructuring at its subsidiary, DP World multinational port division. However, the impact on the P&O Ferries business was not immediately clear. A source at P&O Ferries said that the news had broken without warning, and that employees only know what they have read in the media about the development. However, he pointed out that the operation is autonomous and self-financing, so there is no automatic reason to fear that it will be directly hit.
Dubai World is best known in the UK for its £3.9bn ($6.4bn) acquisition of P&O in March 2006. Assets changing hands included what were then the world's fourth-largest port operator and the market leading cross-Channel ferry concern. P&O Ferries is owned directly by Dubai World and is not part of DP World.
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,698
28 November 2009
10:3434030How ridiculous you two are, neither of those banks have been Scottish for some considerable time, their problems stem from the more recent mergers and acquisitions.
Regarding the recent furore in respect of Dubai, they have requested an extension to the repayment date on some £6bn of their debt; there is currently nothing to suggest that they do not have sufficient assets to cover the debt, however they clearly do have a liquidity shortage and currently do not wish to dispose of assets.
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
28 November 2009
23:0834049maybe you should try to look at the posts more closely?
Guest 673- Registered: 16 Jun 2008
- Posts: 1,388
3 December 2009
21:3034299No more worries about Dubai World for P&O.
The Pride of Dover has found the pot of gold at the end of the rainbow.
