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Headline

Barclays, HBOS face £850m law suit

Comment

I'LL TAKE THE GRAND NATIONAL BET! I DON'T BELIEVE THE BARCLAYS SHARED APPRECIATION MORTGAGE SCHEME WAS ADVERTISED AS A GAMBLE. I'M SURE THE TEAM OF EXPERTS THE BANK WOULD HAVE EMPLOYED AT THE TIME COULD PREDICT HOW THIS WAS GOING TO TURN OUT, FAR MORE ACCURATELY THAN THE UNFORTUNATE PEOPLE WHO FELT THE NEED TO TAKE ON THE SCHEME. AFTER ALL, THE SCHEME WOULD NEVER HAVE BEEN OFFERED HAD THERE BEEN A DOUBT THAT THE BANKS WOULD NOT BENEFIT. THE WRITER 'ANONYMOUS' LIKENS THE SITUATION TO LOSING IN THE 'GRAND NATIONAL'. WITH THE GRAND NATIONAL, YOU WOULD, AT LEAST, STAND A CHANCE OF WINNING. COULD IT BE THAT MESSRS. RESPONSIBLE, ANONYMOUS, & CO. WITH THEIR 'HELPFUL' COMMENTS WORK FOR BANKS?

Posted date

15-Oct-2008

Posted time

10:28 am

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