Replies to post #53791 on Traders Cooperative

[JimQuinceH]

That bank, that was taken down this weekend was in Georgia, the same state where JOE STOCKS lives.

Jim

[conelda]

THANKS NEWLY!! I keep hearing Regions is going under and I would hate to loose my bank box-- family bricks you know-- ;-)
some gold - I'll have to think about a safe- it would have to be rather large so it could not get carried off- thanks for advice! xxC

[challo]

Do you mean this Lloyd's of London?

March 7 (Bloomberg) -- Lloyds Banking Group Plc, Britain’s biggest mortgage lender, will cede control to Prime Minister Gordon Brown’s government in return for state guarantees covering 260 billion pounds ($367 billion) of risky assets.

The government’s stake will rise to as much as 75 percent, making Lloyds the fourth U.K. bank to slip into state control since the run on Northern Rock Plc in September 2007. Brown is using that leverage to force banks to increase lending to homeowners and businesses and spur an economy that is facing its worst recession since World War II.

http://www.bloomberg.com/apps/news?pid=20601085&sid=a6eUD3OLhKPg&refer=europe