Moody's getting moody again

[Mich the Tester]

Lloyds faces downgrade by Moody's on CEO Horta-Osorio's absence - Telegraph

Downgrade a company because the boss is on sick leave?

Come on guys, this is getting really rather silly.

[suityou01]

Lloyds faces downgrade by Moody's on CEO Horta-Osorio's absence - Telegraph

Downgrade a company because the boss is on sick leave?

Come on guys, this is getting really rather silly.

It's either that or all the mortgage defaults they are currently wearing.

[Mich the Tester]

It's either that or all the mortgage defaults they are currently wearing.

But weren't wearing before the boss started feeling ill?

Come on, if that's the reason then the timing makes it all look rather silly.

[suityou01]

But weren't wearing before the boss started feeling ill?

Come on, if that's the reason then the timing makes it all look rather silly.

They just issued a report. The timing is linked to that.

HTH

[russell]

They posted huge losses and Horatio goes AWOL right in the middle of a Debt Crisis.

[MarillionFan]

Bastards hey!

Just bought £2k worth.

[Mich the Tester]

They posted huge losses and Horatio goes AWOL right in the middle of a Debt Crisis.

This is half the problem with the financial crisis; people using such terms to describe something that's actually quite normal in everyday business.

The chief executive is not Horatio, he has not 'gone AWOL' and maybe there is a debt crisis, but it's not the bloody battle of Trafalgar. It's a man who pushes a pen in an office who has reported sick at an inconvenient moment (as if being ill is evere convenient) and is not in the office while he recovers and has most probably delegated his responsibilities to subordinates for the mean time. Sense of proportion, please.

[suityou01]

This is half the problem with the financial crisis; people using such terms to describe something that's actually quite normal in everyday business.

The chief executive is not Horatio, he has not 'gone AWOL' and maybe there is a debt crisis, but it's not the bloody battle of Trafalgar. It's a man who pushes a pen in an office who has reported sick at an inconvenient moment (as if being ill is evere convenient) and is not in the office while he recovers and has most probably delegated his responsibilities to subordinates for the mean time. Sense of proportion, please.

The markets are twitchy and confused. They react wildly to sensationalist journalism.
I quite agree, terms like "bazooka" are quite bizarre.

[MarillionFan]

The markets are twitchy and confused. They react wildly to sensationalist journalism.
I quite agree, terms like "bazooka" are quite bizarre.

Here's that opportunity you wanted Suity.

Trading range for Lloyds has moved down from 31 - 33 and is now in 27-29.

Buy now for a quick 10%.

[Jeebo72]

Bastards hey!

Just bought £2k worth.

I went in with 24k yest... to try and smooth out the losses on the 36k I bought already (worth 18k) ... and the downward spiral continues. Retirement plans not looking great!