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Posted

have edited: was supposed to be predictLOLsecond big typo of the morning on a financial thread!Embarrassed 


Shame' date=' gramatically bankrupt...LOL
[/quote']

 

i'm logging off now and going to take another stab at this tomorrowLOL
Posted
yeah i suppose so.. but interesting idea tho.. the banks always whine about how they are obligated to raise rates when reserve bank does so... but i see they CAN drop them if they want...

 

It's all about bottom line turnover. Sounds far better to make it sound like it's being forced on them. No shareholder of banking stock ever complains about their good dividends and growth in share earnings though
Posted

Banks still makes money (excuse the pun). When I applied for a home loan a few years ag, I got 2.25 below prime and another drop of .25% when 10% of bond was payed. I don't know if they will be so generous again.

 
Posted

 

Bank and insurance companies.....two of the greatest evils of the modern world

 

That is the truth. Theft with a licence!!Angry

 

Bad experience?

 

 

Mmm....they claim to have my best interest(pun not intended) at heart but encourage me to extend the term of my bond from 15 to 25 years because that will save me several hundred rands a month in repayments.

 

How many suckers fall for this, not realizing that at the end of the term they'll have paid several hundred thousand rands extra in interest...?

 

 

 

Guest colonel
Posted
Synchronised rate cuts - sounds like price fixing to me' date=' I think we should complain!!![/quote']

 

Beofre we complain lets hear what Fritz Pienaar has to say 1st....
Posted
Synchronised rate cuts - sounds like price fixing to me' date=' I think we should complain!!![/quote']

 

Beofre we complain lets hear what Fritz Pienaar has to say 1st....

 

Nah, that's not the way we do things here on the hub..

 

Ready, fire, aim...
Posted

 

Synchronised rate cuts - sounds like price fixing to me' date=' I think we should complain!!![/quote']

 

Beofre we complain lets hear what Fritz Pienaar has to say 1st....

 

Nah, that's not the way we do things here on the hub..

 

Ready, fire, aim...

Bwahahahahahaha Clap

 

Posted

 

Synchronised rate cuts - sounds like price fixing to me' date=' I think we should complain!!![/quote']

 

Beofre we complain lets hear what Fritz Pienaar has to say 1st....

 

I'll check his website for the minutes official statement...

 

Guest colonel
Posted
Synchronised rate cuts - sounds like price fixing to me' date=' I think we should complain!!![/quote']

 

Beofre we complain lets hear what Fritz Pienaar has to say 1st....

 

Nah, that's not the way we do things here on the hub..

 

Ready, fire, aim...

 

Since when did the Hub Aim?? I was under the impression they just fired at free will??
Posted
The Aussie central bank reduced their prime rate by 1% today.


 

which apparently has buoyed asian markets excluding japan.

 

Not only is HR making spelling mistakes today but The Thug as well...... prime rate should be spelled crime rate!!!!!!!!

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