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Notes for funds that can Holders of the

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DocLevi   Tuesday, 09/02/14 02:34:24 PM
Re: None
Post # of 367 
Notes for funds that can
Quote:
Holders of the Senior Notes may be required to absorb losses in the event we become subject to recovery and resolution action.

so maybe that's why its down today and not markets... lol

This new rule was expected and should make the price rise not fall as it won't come back to Lloyds Banking Group unless they buy the notes ... kind'a like Lloyds of London insurance...

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