Thanks to a commenter called DavidA, on my previous post about Northern Rock, for this link to a site where city traders share tips and chat.
The link is to where the traders were chatting during the House of Commons discussion of Northern Rock this afternoon.
In summary, they liked Darling's speech very much because it sent the Northern Rock share price soaring as he spoke. They were all licking their lips at making a killing. (In fact I think some of them were "typing one handed" because they were making a killing as they chatted!) And then they wanted Vince Cable to shut up - badly.
It is spine-chilling to read their greedy remarks when you consider we are talking about vast amounts of taxpayers' being put on the line here.
It doesn't take a genius to work out that Alastair Darling is the city traders' friend, while Vince Cable is the City trader's enemy and the taxpayer's friend.
Here are some of the remarks from the traders:
Paranoia Blue wrote:
All being told, I thought that was a pretty good all-round performance [except VC, of course] Let’s hope for a few more companies entering the fray – to punt this price up some more!
BigFoot001 wrote:
I wish VC would sit down and shut his mouth. anybody would think he has a vested interest to help someone to buy NRK on the cheap. all he keeps harping on about is to drive the price down. to no avail today.......... good!!!
now the sea of blue and @ 94.00
As Darling was talking, Whizzy wrote:
As he's speaking.its going up. Someone tell him to keep talking for the next hour lol.
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