Comments on: Woolly Wullie http://timworstall.com/2008/11/09/woolly-wullie/ It is all obvious or trivial except... Fri, 12 Mar 2010 10:39:37 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Johnathan Pearce http://timworstall.com/2008/11/09/woolly-wullie/comment-page-1/#comment-23566 Johnathan Pearce Mon, 10 Nov 2008 06:44:37 +0000 http://timworstall.com/?p=4863#comment-23566 Willie is upset that Barclays told HMG to fuck off. Barclays prefers the slightly more costly funding option so that it can retain its freedom to set corporate pay. After all, the managers of B. could legitiimately argue that they did not push the bank into the sort of mess that has engulfed other banks, so why should they lose their commercial freedom of action? Hutton is just sore that a few banks have told the state to mind its own business. He's nothing more than a socialist ideologue. Tim, I have a question for you: if Hutton really is as retarded as his comments suggest, how in God's name does this man hold down a day-job? Willie is upset that Barclays told HMG to fuck off. Barclays prefers the slightly more costly funding option so that it can retain its freedom to set corporate pay. After all, the managers of B. could legitiimately argue that they did not push the bank into the sort of mess that has engulfed other banks, so why should they lose their commercial freedom of action?

Hutton is just sore that a few banks have told the state to mind its own business. He’s nothing more than a socialist ideologue.

Tim, I have a question for you: if Hutton really is as retarded as his comments suggest, how in God’s name does this man hold down a day-job?

]]> By: El Draque http://timworstall.com/2008/11/09/woolly-wullie/comment-page-1/#comment-23560 El Draque Sun, 09 Nov 2008 18:41:18 +0000 http://timworstall.com/?p=4863#comment-23560 When governments undertake to fix exchange rates, they - or the taxpayers ultimately - will pay the costs when it breaks down. When rates float, the businessman choosing to trade internationally knows his exposure and protects himself. If he doesn't he loses, we don't. Sound a no-brainer to me. When governments undertake to fix exchange rates, they – or the taxpayers ultimately – will pay the costs when it breaks down. When rates float, the businessman choosing to trade internationally knows his exposure and protects himself. If he doesn’t he loses, we don’t.
Sound a no-brainer to me.

]]> By: Prodicus http://timworstall.com/2008/11/09/woolly-wullie/comment-page-1/#comment-23545 Prodicus Sun, 09 Nov 2008 14:02:23 +0000 http://timworstall.com/?p=4863#comment-23545 If Hutton's latest funny turn becomes Brownian policy, the traitorous Delusional One will take us into the Euro. You heard it here first. This lunatic has got to be /jailed/hanged/ stopped. Hutton, I mean. Oh - all right, then - Brown, too. If Hutton’s latest funny turn becomes Brownian policy, the traitorous Delusional One will take us into the Euro. You heard it here first. This lunatic has got to be /jailed/hanged/ stopped. Hutton, I mean. Oh – all right, then – Brown, too.

]]> By: Pat http://timworstall.com/2008/11/09/woolly-wullie/comment-page-1/#comment-23539 Pat Sun, 09 Nov 2008 13:22:27 +0000 http://timworstall.com/?p=4863#comment-23539 So are Barclays shares diving- faster than those of say HBOS, RBS, Lloyds? are customers switching accounts to the aforementioned three, are borrowers borrowing elsewhere to get clear of Barclays? If so then doubtless Barclays will be forced to reluctantly accept public money- otherwise one has to conclude that shareholders and customers are happy. It isn't the business of anyone else other banks or other governments, unless and until they actually buy a share of the company. So are Barclays shares diving- faster than those of say HBOS, RBS, Lloyds? are customers switching accounts to the aforementioned three, are borrowers borrowing elsewhere to get clear of Barclays? If so then doubtless Barclays will be forced to reluctantly accept public money- otherwise one has to conclude that shareholders and customers are happy. It isn’t the business of anyone else other banks or other governments, unless and until they actually buy a share of the company.

]]> By: eu007 http://timworstall.com/2008/11/09/woolly-wullie/comment-page-1/#comment-23538 eu007 Sun, 09 Nov 2008 13:14:42 +0000 http://timworstall.com/?p=4863#comment-23538 He's in his own world. He’s in his own world.

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